Creating New Jobs in Ontario's Chemical Manufacturing Sector
Ontario Partners with NOVA Chemicals to Invest in New Facility in Sarnia-Lambton
Ontario is partnering with NOVA Chemicals to create 145 new jobs in the Sarnia-Lambton region and 1,400 direct and indirect jobs in the province over 10 years.
The partnership will bring new innovation capacity to the province and will help NOVA Chemicals build a new polyethylene facility in the Sarnia-Lambton region, expand its existing ethylene manufacturing plant to supply the new facility, and strengthen NOVA Chemicals' Research & Development (R&D) capabilities. As one of North America's largest producers of polyethylene, NOVA Chemicals plans to invest over $2 billion to enhance its industry-leading manufacturing technology in Ontario to improve product performance and increase energy efficiency.
The project will also provide a boost to regional construction, manufacturing and industrial services, and will help make the Sarnia-Lambton region a global chemical manufacturing powerhouse. The province is committed to protecting the environment and the safety of all workers, and will ensure that NOVA is in compliance with applicable regulations before providing funding to the company.
Supporting the chemical industry in the Sarnia-Lambton region is part of Ontario's plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.
- Ontario’s chemical sector is the largest in Canada, employing 29,000 people (2016).
- Ontario is investing up to $100 million through the Jobs and Prosperity Fund for this project.
- The project is expected to increase real GDP in Ontario by about $1.9 billion over the next decade. The investment will return $120 million in incremental provincial tax revenues and create 2,000 direct and indirect jobs over 10 years.
- The investment will retain another 462 jobs at NOVA Chemicals and create a further 1,400 direct and indirect jobs in the province over 10 years.
- NOVA Chemicals is a founding member of Responsible Care®, a globally adopted industry set of principles that ensures strict health, safety and environmental standards for chemical operations. The company won the 2015 Minister’s Award for Environmental Excellence from the Ontario Ministry of the Environment and Climate Change.
- Through this investment, the company is expecting to see a reduction in GHG emissions intensity by approximately 25 per cent for the period of 2016 to 2022 (projected facility start-up).
- The Jobs and Prosperity Fund helps secure private sector investment in Ontario, allowing the government to partner with businesses that are creating jobs and enhancing productivity, innovation and exports. Every dollar invested through the fund leverages an average of $10 in private sector investments. Since January 2013, the JPF has leveraged over $6.8 billion in private sector investment.
“This strategic investment is a vote of confidence in Ontario’s economy and a crucial step forward for the Sarnia-Lambton region’s globally competitive chemical cluster. The project will create jobs, drive R&D collaboration and provide long-term benefits not just for the region but for all of Ontario.”
“We are pleased to be moving forward with this expansion and thankful for the support from the Ontario government. By growing our asset base in Ontario, we are bringing Canadian innovation to the North American and global marketplace, investing in our highly skilled people and creating a solid future for the communities in which we operate. This investment was made possible by our talented team in the region, the support of the community and the collaborative effort of the Ontario government.”