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Project(s): View 10 related projects in PECWeb
Plant(s): View 9 related plants in PECWeb
Released August 28, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Environmental, social and governance (ESG)-related projects are underway across Canada as a variety of industries continue to decarbonize their operations. Industrial Info is tracking US$24 billion worth of ESG-related projects in Canada that are under construction, and while about 80% of the investment is attributed to renewable generation and electric vehicles (EV), the activity also covers industries such as Pharmaceutical-Biotech, Alternative Fuels and Chemical Processing.
The highest-valued ESG project (US$6.3 billion) underway in Canada aims to add to the generation capacity of hydropower, Canada's largest source of power generation; the remaining $1 billion+ projects are attributed to EVs and a major oil sands project. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power, Industrial Manufacturing and Metals & Minerals project databases can click here for the project reports.
But other industries also are in the ESG game, including Pharma-Bio. The industry's activity is driven by Leadership in Energy and Environmental Design (LEED) guidelines that ensure facilities are built with "green" features such as utilizing renewable energy and preserving land, among other initiatives.
Public Services and Procurement Canada, the federal government's department responsible for procurement and property management, among other duties, is redeveloping the existing Gulf Fisheries Center in Moncton, New Brunswick--a government office that houses marine research; fisheries management; and conservation and protection of marine species. The new hub, to be named the Atlantic Science Enterprise Centre (ASEC), will feature a six-story, LEED gold 300,000-square-foot building addition, to house research and office facilities for four government organizations. The project involves construction of the new building and deconstructing and renovating the current facility. General contractor Pomerlau Incorporated (Montreal) began construction in late 2023 and is expected to wrap up the project in 2027. Click here to read more information.
Industrial Info also is tracking two LEED Gold building additions at the University of British Columbia: a 267,000-square-foot building for interdisciplinary research and instruction ("Gateway Building") (see project report), and an approximately 156,000-square-foot building for research and instruction in a variety of disciplines in the university's School of Biomedical Engineering (see project report.) Both projects are expected to wrap up next year.
Meanwhile, another industry seeing ESG activity in Canada is Alternative Fuels, which in part entails producing renewable fuels via biomass (e.g. agricultural or industrial waste) instead of traditional fossil fuels.
Enerkem Incorporated (Montreal, Quebec) is building out a waste-to-biofuel production plant in Varennes, Quebec. The US$935.9 million project involves constructing a production building and installing a pre-treatment system, gasification reactor and fermentation/distillation systems to process 200,000 tons of non-recyclable waste and wood waste into nearly 125 million liters of biofuels per year, including ethanol. According to the Enerkem website, the project will be capable of reducing 170,000 tons of carbon dioxide-equivalent (CO2e) emissions per year. The plant is scheduled to be operational in 2025.
ESG projects underway in the Chemical Processing Industry include those for the production of green hydrogen, which is hydrogen produced from water via electrolysis. Construction of Atura Power's (Ontario) Niagara Hydrogen Centre, Ontario's largest green hydrogen production facility, kicked off earlier this year. The plant is designed to utilize hydropower from an existing station, which harnesses power from the Niagara River, to power a 20-megawatt electrolyzer from Cummins Incorporated (NYSE:CMI) (Columbus, Indiana). Click here to read more information on construction of the US$100 million plant, which is expected to begin commercial operations in 2025.
Subscribers to the GMI Database can click here for all project reports mentioned in this article and here for related plant profiles.
Click here for a full list of ESG-related projects underway in Canada.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
The highest-valued ESG project (US$6.3 billion) underway in Canada aims to add to the generation capacity of hydropower, Canada's largest source of power generation; the remaining $1 billion+ projects are attributed to EVs and a major oil sands project. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power, Industrial Manufacturing and Metals & Minerals project databases can click here for the project reports.
But other industries also are in the ESG game, including Pharma-Bio. The industry's activity is driven by Leadership in Energy and Environmental Design (LEED) guidelines that ensure facilities are built with "green" features such as utilizing renewable energy and preserving land, among other initiatives.
Public Services and Procurement Canada, the federal government's department responsible for procurement and property management, among other duties, is redeveloping the existing Gulf Fisheries Center in Moncton, New Brunswick--a government office that houses marine research; fisheries management; and conservation and protection of marine species. The new hub, to be named the Atlantic Science Enterprise Centre (ASEC), will feature a six-story, LEED gold 300,000-square-foot building addition, to house research and office facilities for four government organizations. The project involves construction of the new building and deconstructing and renovating the current facility. General contractor Pomerlau Incorporated (Montreal) began construction in late 2023 and is expected to wrap up the project in 2027. Click here to read more information.
Industrial Info also is tracking two LEED Gold building additions at the University of British Columbia: a 267,000-square-foot building for interdisciplinary research and instruction ("Gateway Building") (see project report), and an approximately 156,000-square-foot building for research and instruction in a variety of disciplines in the university's School of Biomedical Engineering (see project report.) Both projects are expected to wrap up next year.
Meanwhile, another industry seeing ESG activity in Canada is Alternative Fuels, which in part entails producing renewable fuels via biomass (e.g. agricultural or industrial waste) instead of traditional fossil fuels.
Enerkem Incorporated (Montreal, Quebec) is building out a waste-to-biofuel production plant in Varennes, Quebec. The US$935.9 million project involves constructing a production building and installing a pre-treatment system, gasification reactor and fermentation/distillation systems to process 200,000 tons of non-recyclable waste and wood waste into nearly 125 million liters of biofuels per year, including ethanol. According to the Enerkem website, the project will be capable of reducing 170,000 tons of carbon dioxide-equivalent (CO2e) emissions per year. The plant is scheduled to be operational in 2025.
ESG projects underway in the Chemical Processing Industry include those for the production of green hydrogen, which is hydrogen produced from water via electrolysis. Construction of Atura Power's (Ontario) Niagara Hydrogen Centre, Ontario's largest green hydrogen production facility, kicked off earlier this year. The plant is designed to utilize hydropower from an existing station, which harnesses power from the Niagara River, to power a 20-megawatt electrolyzer from Cummins Incorporated (NYSE:CMI) (Columbus, Indiana). Click here to read more information on construction of the US$100 million plant, which is expected to begin commercial operations in 2025.
Subscribers to the GMI Database can click here for all project reports mentioned in this article and here for related plant profiles.
Click here for a full list of ESG-related projects underway in Canada.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
