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Researched by Industrial Info Resources (Sugar Land, Texas)--Alberta's wildfires may be the focus of attention in Canada, but Quebec's $3.49 billion in third-quarter 2016 project kickoffs, according to Industrial Info's project database, offer some positive news for the nation's industrial outlook. The total investment value (TIV) represents the highest quarterly amount for Quebec in years, and more than 90% of the TIV can be attributed to just three industries: Metals & Minerals; Pharmaceutical & Biotech; and Pulp, Paper & Wood.
Click on the image at right for a graph detailing planned third-quarter 2016 project kickoffs in Quebec by industry.
The Metals & Minerals Industry is way ahead of all others, with $2.56 billion in projects kickoffs slated for the third quarter. One of the largest is Argex Titanium Incorporated's (TSX:RGX) (Montreal, Quebec) $247.6 million construction of a titanium dioxide manufacturing plant in Salaberry-De-Valleyfield. The project, still in its detailed design phase, involves constructing a facility to utilize Argex's Proprietary CTL Hydrometallurgical Process Technology to produce 50,000 tons per year of titanium dioxide from ilmenite ore tailings. For more information on the project, see Industrial Info's project report.
The Pharmaceutical & Biotech Industry is in a distant second place with $386 million in projects slated to begin construction from July through September, a large chunk of which is attributed to the University of Montreal's $350 million biomedical science complex in Montreal. The project, which has been pushed back from previous quarters, involves the construction of two buildings: a 430,000-square-foot science facility and a 161,000-square-foot education facility. For more information on the project, see Industrial Info's project report.
The Pulp, Paper & Wood Industry is in third place with $253 million in projects set to kick off in the third quarter, the largest of which is Kruger Incorporated's (Montreal) $250 million newsprint and coated paper plant in Trois-Rivieres. The company plans to overhaul its No. 10 Beloit Fourdrinier paper machine to convert production from newsprint to lightweight coated paper grades. For more information on the project, see Industrial Info's project report.
The seven other highest-value projects, all in the Metals & Minerals category, set to begin construction in Canada this year are:
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
Click on the image at right for a graph detailing planned third-quarter 2016 project kickoffs in Quebec by industry.The Metals & Minerals Industry is way ahead of all others, with $2.56 billion in projects kickoffs slated for the third quarter. One of the largest is Argex Titanium Incorporated's (TSX:RGX) (Montreal, Quebec) $247.6 million construction of a titanium dioxide manufacturing plant in Salaberry-De-Valleyfield. The project, still in its detailed design phase, involves constructing a facility to utilize Argex's Proprietary CTL Hydrometallurgical Process Technology to produce 50,000 tons per year of titanium dioxide from ilmenite ore tailings. For more information on the project, see Industrial Info's project report.
The Pharmaceutical & Biotech Industry is in a distant second place with $386 million in projects slated to begin construction from July through September, a large chunk of which is attributed to the University of Montreal's $350 million biomedical science complex in Montreal. The project, which has been pushed back from previous quarters, involves the construction of two buildings: a 430,000-square-foot science facility and a 161,000-square-foot education facility. For more information on the project, see Industrial Info's project report.
The Pulp, Paper & Wood Industry is in third place with $253 million in projects set to kick off in the third quarter, the largest of which is Kruger Incorporated's (Montreal) $250 million newsprint and coated paper plant in Trois-Rivieres. The company plans to overhaul its No. 10 Beloit Fourdrinier paper machine to convert production from newsprint to lightweight coated paper grades. For more information on the project, see Industrial Info's project report.
The seven other highest-value projects, all in the Metals & Minerals category, set to begin construction in Canada this year are:
- $982 million: Arianne Phosphate Incorporated's phosphate/titanium mine near Chicoutimi
For more information on the project, see Industrial Info's project report. - $817 million: Lamelee Iron Ore Limited's aboveground iron ore mine in Fermont
For more information on the project, see Industrial Info's project report. - $232 million: Arianne Phosphate Incorporated's phosphate shipping port in Saint-Fulgence
For more information on the project, see Industrial Info's project report. - $194 million: Pattern Energy Group's Mont Sainte Marguerite Windfarm near Thetford Mines
For more information on the project, see Industrial Info's project report. - $166 million: Focus Graphite Incorporated's Lac Knife aboveground graphite mine near Riviere-Mouchalagane
For more information on the project, see Industrial Info's project report. - $40 million: Orbite Technologies Incorporated's expansion at its metallurgical high purity alumina plant in Cap Chat
For more information on the project, see Industrial Info's project report. - $35 million: Orbite Technologies Incorporated's chloride conversion at its metallurgical high purity alumina plant in Cap Chat
For more information on the project, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
