The fuel industry is having to reinvent itself because of the energy transition. We need to meet ambitious greenhouse gas reduction targets, while ensuring reliable and sustainable energy supplies. Current advances in new technology development offer high hopes that fossil fuels can serve as “part of the equation” in this new energy ecosystem. Find out more about our solutions.
Biofuels and Waste Recycling
Once considered worthless, industrial waste is now perceived differently. Thanks to innovation, we can now give it a new life and turn it into precious, useful material, while preserving natural resources.
Across Canada, industrial companies are constantly pushing the boundaries to review how they manage waste and reduce their environmental footprint, thus benefitting everyone.
Carbon Capture and Conversion
We’re all aware of the impacts of greenhouse gas (GHG) emissions. Climate changes, rising sea levels engulfing entire islands and water acidification affecting fisheries are sad examples. So, we need to continue our initiatives to lower GHG production and better manage unavoidable emissions. Fortunately, resourceful and passionate minds are working to implement technologies that capture and transform CO2 to use in value-added applications. Once again, innovation is bringing us to a pivotal point in industry evolution.
In Canada, like elsewhere, greenhouse gas reduction targets are ambitious, and many experts agree that hydrogen will put us on the right track to achieving carbon neutrality. This new source of energy has great potential to decarbonize several sectors of the economy, including energy and natural resource extraction. It creates great business opportunities at every stage of its value chain. Hydrogen may be the smallest molecule in nature, but it has enormous potential.
Liquefied Natural Gas
Canada’s greenhouse gas reduction targets are ambitious, and industrial companies are under great pressure to reduce their CO2 emissions. As a result, more and more people are turning to natural gas, a cleaner source of energy than oil and coal.
Canada is well-positioned in the natural gas production and distribution market, thanks to its abundant reserves. We need to protect our environment and adapt our energy consumption to future-oriented solutions that meet multiple industry needs. To do this, you need to make the right choices.
Refining Petrochemicals, Fuel Storage and Transport
Canada has the third largest supply of crude oil in the world, which is why major producers and refiners have chosen to locate here. Sustaining profit margins and optimizing the use of raw materials throughout the exploitation and transformation processes are key industry challenges and lowering GHG emissions is now a must.
Additionally, many industrial companies use fossil fuels to power their facilities. This means that when you use fuel, you’re forced to transport and store a highly flammable material and deal with associated risks. To effectively manage these risks and ensure business continuity, fuel tanks must be designed and maintained in accordance with applicable standards and very strict storage methods.
Hydrocarbons play a key role in meeting our global energy needs. Canadian businesses that offer upstream services in the oil sector face significant pressures: major investments and energy consumption. Additionally, aging equipment must meet increasingly high safety and environmental compliance standards and requirements.
To ensure reliable and safe operations, industries must continuously revise and optimize their processes.
The specialty chemicals industry is diverse, fast-paced and constantly evolving. As a result, companies face a complex market that's multi-sector, multi-composition, multi-application—and above all, fiercely competitive. To successfully find their niche customer segment and quickly make it profitable, these companies need to work hard and stay at the forefront of new trends and technologies. Consequently, they need a quick turnover from idea, to pilot plant, to final product delivery.