Of the 10 largest chemical companies in the world, eight have operations in Ontario. During the past decade, the average annual profits of industrial chemical companies in Canada have been double those of companies in the U.S. |
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| A Snapshot of Ontario’s chemical industry in 2005: |
| | 50,870 employees |
| | $19.8 billion in revenues |
| | $11.9 billion in exports |
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| Ontario’s chemical companies are mostly concentrated in three clusters: |
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| | Sarnia Sarnia is Canada’s largest cluster of chemical, allied manufacturing and R&D facilities. It includes companies such as Basell Canada Inc., Dow Chemical Canada Inc., INVISTA, LANXESS (formerly Bayer Inc.), NOVA Chemicals Corporation, Shell Canada Products and Terra International (Canada) Inc. |
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| | Greater Toronto Area Chemical companies in the Greater Toronto Area (GTA) produce lubricants, paints, medical gases for home and hospital use, laundry detergent, adhesives and more. Recochem, Hercules, Arkema and Cognis all have operations in the GTA. |
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| | Ontario East Chemicals from Ontario East go into fleece jackets, seatbelts, airbags and many other high-tech fabrics and products. Industry leaders in the cluster include 3M, BASF, Kemira, Nitrochem and Procter & Gamble. |
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Source: Camford Information Services (7/2006)
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| All figures in US dollars. |