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Taking care of business Sarnia-Lambton Economic Partnership
May 05, 2011
Economic development news
for the Sarnia-Lambton business community |
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Shale gas industry leaders coming to town
A number of companies are vying to bring new supplies of ethane from the Marcellus Shale in the US Appalachian Basin to Sarnia-Lambton; and the announcements are harbingers of bright days ahead for Sarnia-Lambton and its petrochemical sector.
On May 19th the Sarnia-Lambton Shale Gas Meeting will bring key players in North America's natural gas and petrochemical industries together to discuss the potential that ethane derived from Marcellus Shale natural gas holds for the Sarnia-Lambton area.
Organized by the Economic Partnership, the Sustainable Chemistry Alliance and representatives from local and North American energy companies, the event is intended to facilitate discussion between key personnel from producer, mid-stream processor, and end user companies involved in the Marcellus Shale. Invitations to the meeting were sent to over 100 industry leaders. "The purpose is to bring together senior management from the industry to help move their plans forward," noted Mike Ireland, Senior Development Consultant with the Economic Partnership. "We'll also take the opportunity to demonstrate our strong community support, and the capabilities we have in Sarnia-Lambton."
Marijean Morris, Corporate Development at MarkWest Energy, will be one of the key speakers at the conference. In March 2011 MarkWest Energy Partners and Sunoco Logistics announced that the two companies are partnering to deliver Marcellus Shale ethane to Sarnia-Lambton ethane consumers. The companies expect to be transporting up to 65,000 barrels a day of ethane by the third quarter of 2012.
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| | NOVA's St. Clair Township plant is slated to receive ethane from the Marcellus Shale Basin |
In the same month Caiman Energy and NOVA Chemicals announced a memo of understanding for the supply of ethane from Caiman's plant in West Virginia to NOVA's Sarnia-Lambton manufacturing facility in St. Clair Township.
In 2010 Kinder Morgan and Buckeye Partners announced plans for pipeline projects, and their desire to supply ethane to Sarnia-Lambton.
Our local industries have traditionally received their feedstock for ethylene production from Alberta. This new and near-by supply of ethane will provide an affordable, abundant, and reliable feedstock for ethylene production in Sarnia-Lambton.
Over half of the world's supply of ethylene is used to make plastics that are commonly used in trash bags and packaging materials. Ethylene is also used in some lesser known applications such as anesthetics, welding gas, and to ripen fruit.
As companies look toward Sarnia-Lambton as a key player in the new Marcellus Shale value chain it is demonstrated yet again why this area is a key player on the global chemical stage. |
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Workshops for small business coming up in Petrolia and Mooretown
Record keeping made easy No bookkeeping or accounting training? Don't worry, this workshop is just what you need to understand terminology, universal rules for basic bookkeeping, calculating labour costs, and much more. Avoid pitfalls in your business with good record keeping. Petrolia - May 11, 9 a.m. - 12 p.m.
Reading financial statements & introductory finance for small business Learn about bookkeeping and accounting terms; reading and analyzing financial statements; and the "time value" of money. Mooretown - May 18, 9 a.m. - 12 p.m.
Workshops are $39.50 (HST included) per person. To register call or email Jeanny Leung at 519-332-1820 or 1-800-972-7642.
To provide the most benefit to participants each session is limited to ten people. Workshops are brought to you by the Sarnia-Lambton Economic Partnership. |
Sarnia-Lambton business directory
Are you taking advantage of the Sarnia-Lambton Business Directory? The directory contains information on about 3,500 Sarnia-Lambton companies and is the go-to source to find information on local business. Last month alone the directory received over 6,500 hits. Listing your Sarnia-Lambton business is completely free of charge. Is your company listed? Check out the Business Directory on the Economic Partnership's website by clicking here. |
Great opportunities for students!
Enterprising students still have time to apply for up to $3,000 to start their own summer business. Summer Company is taking applications until May 09, 2011, but space is limited. Interested students aged 15-29 should contact Matthew Slotwinski at the Sarnia-Lambton Economic Partnership, phone 519-332-1820, to learn more. Also check out our Summer Company Facebook page.
The Summer Company program also pairs each student with their own business mentor from the Sarnia-Lambton business community. It's a great opportunity for young people who want to be their own boss and learn what owning a business is all about! Call Matthew to learn more.
Calling students with creative minds! The Lambton Business Plan Competition gives full-time secondary school students the opportunity to develop business plans relating wholly original business ideas that are based on the independent thinking of the applicants. Six cash prizes will be awarded, ranging from $100 to $1,000. For business plan templates or more information give Matthew a call. The deadline for submissions is June 20. |
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Recent economic development activity in Sarnia-Lambton
If you want to know what's happening in economic development in Sarnia-Lambton you can view the following and other news articles on the Economic Partnership's website by clicking here.
- May 02 - NOVA Chemicals announces memorandum of understanding with Range Resources for ethane supply for Corunna cracker from Marcellus Shale
- April 12 - Watford Home Hardware moving to Warwick Industrial Park with $2 million building centre
- March 25 - Suncor Ethanol - Largest biofuels plant in Canada holds official opening in Sarnia-Lambton
- March 25 - Calgary-based Mooncor to drill for oil, gas, and shale gas in Lambton this summer
- March 24 - Sarnia Lambton Industrial Alliance launches website
- March 09 - new medical centre to be built, plus addition to Vision Nursing home
- March 04 - Sustainable Chemistry Alliance and Lambton College to partner on researchers and research facilities
- Feb 17 - LANXESS and Gevo in talks regarding production plant in LANXESS' bioindustrial park
- Feb 12 - Michael's craft store coming to Sarnia-Lambton
- Feb 03 - Foreign student enrollment jumps 270% at Lambton College
- Jan 28 - Bioindustrial Innovation Centre and Institute for Chemicals and Fuels from Alternative Resources forge collaboration agreement to accelerate development and commercialization of biofuels and renewable chemicals
- Jan 21 - Production slated for Woodland Biofuels' $12 million demonstration plant at the Bioindustrial Innovation Centre at The Research Park Sarnia-Lambton
- Jan 06 - Sarnia building permit values fifth highest in last two decades; municipality of Lambton Shores posts 57% increase in building permit values over 2009
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 Sarnia-Lambton active at Bio World CongressSarnia-Lambton will have a strong presence in Toronto next week at the World Congress on Biotechnology and Bioprocessessing. The Sarnia-Lambton Economic Partnership, the Bioindustrial Innovation Centre, the Sustainable Chemistry Alliance and the LANXESS Bio-industrial Park Sarnia are joining forces to promote our area's growing hybrid chemistry cluster at this important industry event. |
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We are located at The Research Park, Sarnia-Lambton Campus
Click here for a map of our location
Telephone 519-332-1820 / (in N.A.) 800-972-7642
Sarnia-Lambton Economic Partnership
The Research Park, Sarnia-Lambton Campus
Building 1050, Suite 100
1086 Modeland Road
Sarnia ON Canada N7S 6L2 |
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