Chemicals and Plastics
Canada’s multi-billion dollar chemicals and plastics industry continues to thrive!
“ One of the most promising areas of research for our new R&D Centre is rubber made from biomass instead of petroleum-based raw materials. Here in this R&D Centre, we have produced the first quantities of bio-butyl. This bio-based rubber will enable us to decouple our resources from petroleum dependency. ”
Axel C. Heitmann, Chairman of the Board of Management, LANXESS
Canada’s multi-billion dollar chemicals and plastics industry continues to thrive thanks to world-class petrochemical facilities, competitively priced feedstocks, favourable corporate tax rates, abundant skilled labour (including scientists and engineers), generous R&D incentives and ready access to major North American industrial and consumer markets.
In 2010, Canada’s chemicals and plastics sector generated revenues of $60 billion, with exports accounting for 57 percent of this amount.
- Substantial reserves of natural gas enable low-cost production of ethylene and its derivatives. Large and efficient extracting plants, modern ethylene crackers and derivative plants among the largest in the world enable Canada to achieve important economies of scale.
- Canada’s synthetic-resin industry recorded sales of $6.2 billion in 2010 (including exports of $5.5. billion). Plants based in Western Canada produce commodity-grade thermoplastic resins from raw materials derived mainly from natural gas, while those in Central Canada produce both thermoplastic and thermoset resins using raw materials derived from both crude oil and natural gas.
- Canada’s plastics sector is sophisticated and multi-faceted, thanks to a large pool of highly skilled machinists and technicians, relatively short delivery times, and close integration with other advanced manufacturing sectors such as aerospace, automotive, medical devices and telecommunications. Canadian firms have internationally recognized expertise in high-quality injection moulding, thermoforming machinery, blown-film extrusion systems as well as extrusion capability for corrugated pipe and other specialized plastic profiles.
- Chemicals and Plastics - Accessible version PDF (182 KB)
- Chemicals and Plastics - Full version PDF (2.2 MB)
- CEPA Interactive Maps for Liquids and Gas Piplines
- CAPP Interactive Map for Oil and Gas Industry by Province
Chemicals Investment News – provided by ShiftCentral
2012-04-20 - Toyota Tsusho to invest $602M in Encana field
2011-12-13 - Enerkem biofuels plant attracts U.S. investors
2011-11-14 - ADM to develop biodiesel plant in Alberta
Investment Promotion Agencies
Provincial IPAs :
- Alberta Economic Development
- Invest British Columbia
- Invest in Manitoba
- Invest New Brunswick
- Investing in Newfoundland and Labrador
- Nova Scotia Business Inc.
- Invest in Ontario
- Innovation PEI
- Invest Quebec
- Enterprise Saskatchewan
Also see Municipal IPAs
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