Investment of CAN$2M for Lorama Group to Commercialize and Scale up Production of its Green Bio-adhesive Products
With this investment, Lorama will acquire advanced manufacturing equipment to commercialize and scale up their novel, renewable, non-toxic bio-adhesive used in wood composite products.
This investment will create up to 20 new jobs in the Mississauga region, as well as reduce the use of fossil fuels and nearly double local supply chain spending.
State-of-the-art lab and production facilities support the global operations and sales of all Lorama Group, Inc. entities. With more than 40 full-time chemists, the company helps customers achieve cost-effective and sustainable formulations. Lorama Group values its employees as the key to our ongoing success.