IHS Chemical Week

Archives :: Regions :: North America :: Canada

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February 10, 2016
Chemical railcar traffic in North America continues to hold up, despite steep year-over-year (YOY) declines in overall railcar traffic. During the week ended 6 February, chemical railcar traffic totaled 42,563 carloads, according to data released on 10 February by the Association of American Railroads (AAR). Although the figure represented a decline of 4.6% from the previous week and 2.8% YOY, the volume year-to-date declined only 0.6%, versus a 14.0% decrease in all railcar traffic....
http://www.chemweek.com/regions/north_america/canada/N-America-chemical-rail-traffic-bucking-overall-trend_77057.html
February 10, 2016
BioAmber (Montreal) announced today that Mitsui & Co is investing C$25 million ($17.9 million) to increase its stake in their Sarnia, ON production facility from 30% to 40%. Sarnia...
http://www.chemweek.com/regions/north_america/canada/Mitsui-increases-stake-in-BioAmber-plant-to-40-percent_77078.html
February 9, 2016
Agrium reports its second highest fourth-quarter net income ended 31 December 2015 at $200 million, up nearly 75% year-on-year (YOY), while sales was down 11%, to $2.4 million YOY...
http://www.chemweek.com/regions/north_america/canada/Agrium-reports-second-highest-fourth-quarter-net-income_77030.html
February 9, 2016
BASF has signed an exclusive distribution agreement with Nexeo Solutions (The Woodland, TX), a privately owned chemical distributor, for the distribution of certain specialty...
http://www.chemweek.com/regions/north_america/canada/BASF-signs-specialty-solvents-distribution-agreement-with-Nexeo-Solutions-in-the-US-and-Canada_77024.html
February 9, 2016
Fluor has announced that the Cutbank Ridge Partnership, a tie-up between Mitsubishi Corp., and Encana Corp. involved in the long-term development of natural gas resources in Northeast...
http://www.chemweek.com/regions/north_america/canada/Fluor-awarded-gas-plant-contract-in-Canada_77019.html
February 4, 2016
The Trans-Pacific Partnership (TPP), a major free trade agreement between 12 nations based in and around the Pacific Ocean, has been signed by government ministers in Auckland. The...
http://www.chemweek.com/regions/north_america/canada/Trans-Pacific-Partnership-signed-in-New-Zealand_76950.html
February 4, 2016
BASF has appointed Marcelo Lu as president BASF Canada effective 1 February 2016. He succeeds Carles Navarro, who now heads BASF in Spain and Portugal. Lu will lead BASF Canada’s...
http://www.chemweek.com/regions/north_america/canada/BASF-appoints-new-president-of-BASF-Canada_76940.html
February 3, 2016
During the week ended 30 January, chemical railcar traffic in North America increased 0.2% year-on-year as a gain in the United States offset a decline in Canada. Volume totaled 44,595 carloads, up 8.5% from the previous week, according to data the Association of American Railroads released on 3 February. For the year to date, chemical railcar traffic in North America is flat versus a 15% decrease in all railcar traffic....
http://www.chemweek.com/regions/north_america/canada/Slight-gain-in-North-Americas-weekly-chemical-rail-as-US-offsets-Canada-decline_76924.html
February 2, 2016
The government of Alberta is seeking to attract petrochemical investment to the province via the government's Petrochemicals Diversification Program. The program is intended to...
http://www.chemweek.com/regions/north_america/canada/Alberta-government-to-tap-into-petrochemicals-potential-to-diversify-provinces-economy_76888.html
January 28, 2016
PotashCorp reports fiscal fourth-quarter net income down nearly 50% year-on-year (YOY), to $201 million, mostly due to weaker fertilizer prices in late 2015 and lower sales volumes...
http://www.chemweek.com/regions/north_america/canada/PotashCorp-income-sales-down_76732.html
January 28, 2016
Methanex (Vancouver) reports net income for the fourth quarter of $11 million, down 92% year-over-year (YOY) from $140 million. Revenue fell 34% YOY to $484 million on a steep decline in methanol prices, the result of falling crude oil values and new production capacity. Adjusted earnings of 16 cts/share, down from 85 cts/share in the year-ago period and just shy of the average analyst estimate of 17 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/regions/north_america/canada/Methanex-earnings-down-92-percent-YOY-on-steep-price-decline_76727.html
January 27, 2016
During the week ended 23 January, chemical railcar traffic in North America fell 4.4% year-on-year (YOY), to 41,090 carloads, the result of declines across the region, according to data  the Association of American Railroads released on 27 January....
http://www.chemweek.com/regions/north_america/canada/North-America-weekly-chemical-rail-traffic-drops-4-4-percent-YOY_76704.html
January 21, 2016
Lower selling prices cut deeply into Canadian sales of industrial chemicals in 2015, according to a survey conducted by the Chemistry Industry Association of Canada. However, production volumes held steady, exports reached an all-time high, and although profitability declined, it remained close to the record level of 2014. Survey respondents expect similar results in 2016....
http://www.chemweek.com/regions/north_america/canada/Canadian-producers-2015-revenues-slipped-but-volumes-held-outlook-firm_76602.html
January 21, 2016
AltaGas (Calgary) has signed a sublease and related agreements with Ridley Terminals, laying the groundwork for its proposed 1.2 million m.t./year (41,000 bbl/day) Ridley Island Propane Export Terminal near Prince Rupert, British Columbia. The company estimates the cost of the project at C$400-500 million....
http://www.chemweek.com/regions/north_america/canada/AltaGas-advances-C$400-500-million-propane-export-terminal-in-British-Columbia_76607.html
January 20, 2016
During the week ended 16 January, chemical railcar traffic in North America decreased 0.8% year-over-year (YOY) as a decline in Canada offset gains in the United States and Mexico. Chemical railcar traffic during the week totaled 43,730 carloads, down 2.1% from the previous week, according to data released on 20 January by the Association of American Railroads (AAR)....
http://www.chemweek.com/regions/north_america/canada/North-America-chemical-rail-traffic-slips-YOY-on-decline-in-Canada_76578.html
January 19, 2016
Mosaic has announced several changes to its senior leadership team. Walter Precourt III, the current senior v.p./potash operations, will replace Gary Davis as senior v.p./phosphates...
http://www.chemweek.com/regions/north_america/canada/Mosaic-announces-leadership-changes_76547.html
January 19, 2016
Suncor Energy (Calgary, AB) will acquire all the shares of Canadian Oil Sands (COS; Calgary). The companies agreed on a deal after Suncor upped its takeover offer to C$4.24 billion...
http://www.chemweek.com/regions/north_america/canada/Suncor-ups-offer-for-Canadian-Oil-Sands-companies-agree-on-takeover-price_76542.html
January 19, 2016
PotashCorp says that, against a challenging macroeconomic backdrop, it is indefinitely suspending operations at its Picadilly, NB, potash mining site. The decision, which will affect...
http://www.chemweek.com/regions/north_america/canada/PotashCorp-to-suspend-operations-indefinitely-at-New-Brunswick-site_76539.html
January 15, 2016
Potash Corporation of Saskatchewan (PotashCorp; Saskatoon, SK) announced Friday the retirement of executive v.p. and COO David Delaney, effective 31 January. Delaney, who joined...
http://www.chemweek.com/regions/north_america/canada/PotashCorp-COO-to-retire_76493.html
January 13, 2016

During the week ended 9 January, chemical railcar traffic in North America increased 4.8% year-over-year (YOY) on gains in the US and Canada. Loadings during the week totaled 44,669 carloads, up 3.2% from the previous week, according to data released on 13 January by the Association of American Railroads (AAR).

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http://www.chemweek.com/regions/north_america/canada/N-America-weekly-chemical-rail-surges-into-new-year_76377.html
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