SPECIAL REPORT: The energy-efficient chemical supplier (and how to become one)
Energy costs are on the rise in Ontario, and chemical manufacturers are huge consumers. So now is definitely the time to get serious about finding new and efficient ways of using your electricity. The good news? There’s a wealth of experts and incentive programs at hand to help you along.
Resin is the life blood of the plastics industry, and electricity is the life blood of the chemical facilities that manufacture it. So picture having to pay an ever-higher bill for your blood. That’s how it feels to be a chemical supplier in 2016.
Why? Unless you hit the snooze button about five years ago and never woke back up, you’re probably aware of a constant and growing din of noise from all business segments in Ontario about the high price of electricity and its effects. Energy costs have always been an issue; but rising energy prices in Ontario are now becoming a real threat to the global competitiveness of manufacturers – chemical suppliers among them – and might just become the tipping point that weighs against international investment.
The good news is, you have options. Helping Ontario’s chemical industry get smarter about electricity consumption is the goal of this report, made possible by the Independent Electricity System Operator (IESO). We’ve interviewed chemical manufacturers, utility providers, energy industry consultants, and more, and engaged them in a debate about such questions as how to keep consumption figures from rising further, and what it would take to get them to level off or – better yet – drop. The answers can mean the difference between making a profit and losing money…and maybe even your business.
Download the PDF report “The energy-efficient chemical supplier (and how to become one)” by clicking on the image.