Newalta donates $1.125M to Western for clean tech R&D
A $1.125-million donation by Newalta will support R&D efforts at Western university to discover clean technologies that use waste generated by industrial sectors such as oil and gas, refining, pulp and paper, mining and manufacturing.
Oil & Gas
Pulp & Paper
LONDON, Ont.: A $1.125-million donation by Newalta Corp. will support R&D efforts at the University of Western Ontario to discover clean technologies that use waste generated by industrial sectors such as oil and gas, refining, pulp and paper, mining and manufacturing.
The clean tech company that focuses on recycling an recovery of materials from industrial waste will provide $1 million over the next five years to advance environmental engineering research.
The first project will develop cost-effective solutions for recycling and recovering valuable products from industrial residues and waste streams generated by oil sands developments.
An additional $125,000 will support the Newalta Corp. Ontario Graduate Scholarships for Master’s or Doctoral graduate students in the Faculty of Engineering who are focused on environmental engineering research in the areas of waste treatment, recovery or recycling.
Every $5,000 in funding from Newalta will be matched on a 2:1 basis by the Ontario Graduate Scholarship program to create five $15,000 scholarships annually for each of the five years.