Evolving Considerations for Location Selection

  • 2019 Business Conference Program
  • September 25, 2019
  • 9:30 am - 10:00 am

Canada’s petrochemical industry is experiencing its biggest surge of expansion spending in five years, thanks in large part to incentive programs by federal and provincial governments. Meanwhile, successful efforts to integrate bio-based renewable technologies into Canada’s petrochemical ecosystem has put biochemicals in a position to expand far beyond the country’s three current centers of operations: Alberta, Ontario and Quebec.

As petrochemical and biochemical manufacturers increase their production, many will need to expand existing facilities or build in new locations.  This session will explain how to geographically position manufacturing facilities to consistently meet production goals. This includes the processes involved with strategically assessing location cost, quality, labor, and risk.

Participants will learn …

  1. How to assess new locations to know which provide the most consistent conditions to meet production goals.
  1. How to determine if potential locations are risk-mitigated to consistently operate and meet production goals.
  2. How to assess the need to expand at current locations or if new locations should be considered.