Schlumberger invests in CelluForce
By CNW/Domtar Coporation
March 26, 2015 - Domtar Corporation recently announced an investment by Schlumberger in CelluForce, a joint venture between Domtar and FPInnovations that manufactures wood-derived nanocrystalline cellulose (NCC).
By CNW/Domtar Coporation
The investment is a collaboration to explore the use of NCC to enhance the productivity of oil and gas wells.
Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to the oil and gas industry.
NCC is manufactured using a patented process in Domtar’s pulp mill in Windsor, Que. NCC (also referred to as Cellulose Nanocrystals, or CNC) is the primary component that provides structural strength to trees. NCC is a renewable, biodegradable, nontoxic material.
Details of Schlumberger’s investment in CelluForce remain confidential.
This investment follows a $4-million grant announced by CelluForce in February 2015 from the government of Canada’s sustainable development technology program (Sustainable Development Technology Canada, or SDTC) for similar research and development work.
“Innovation is one of our core values at Domtar, so we are pleased to have the opportunity to collaborate with Schlumberger, a recognized technology innovator in hydrocarbon recovery and production,” said Patrick Loulou, Domtar’s senior vice-president for corporate development and a member of CelluForce’s board of directors.
“The Schlumberger investment, coupled with the recent grant from SDTC, creates positive momentum in realizing the benefits of using NCC to improve the efficiency of oil and gas production,” said Richard Berry, chief technology officer at CelluForce.
CelluForce Inc. develops Cellulose Nanocrystals (CNC), also referred to as NanoCrystalline Cellulose (CelluForce NCC) for commercial use. The company is a joint venture of Domtar Inc. and FPInnovations. The company’s head office is in Montreal. For more information, visit: www.celluforce.com.
Domtar Corporation designs, manufactures, markets and distributes a wide variety of fibre-based products, including communication papers, specialty and packaging papers, and absorbent hygiene products. Domtar is an integrated marketer and manufacturer of uncoated freesheet paper in North America with recognized brands such as Cougar, Lynx Opaque Ultra, Husky Opaque Offset, First Choice, EarthChoice and Xerox Paper and Specialty Media. Domtar is also a marketer and producer of a broad line of absorbent hygiene products marketed primarily under the Attends, IncoPack and Indasec brand names. In 2014, Domtar had sales of $5.6 billion from some 50 countries. The company employs approximately 9,800 people. To learn more, visit www.domtar.com.