25 January 2018. The importance of Canada to DP World's global operations and the global trade enabler's commitment to the country were a focus of discussions between DP World group chairman and CEO Sultan Ahmed bin Sulayem and Canadian Prime Minister Justin Trudeau in a bilateral meeting at the World Economic Forum Annual Meeting in Davos, Switzerland.
Bin Sulayem presented an update of the global trade enabler's activities in all its locations and conveyed the importance of the country in its growth strategy. He underlined DP World's commitment to Canada and continuing appreciation of the support of the Canadian government.
He also detailed how DP World supports the national economy through its range of operations, community engagement and investment commitments including terminals in Vancouver and Prince Rupert on the west coast and Saint John, New Brunswick, on the east.
Bin Sulayem stressed the employment opportunities and ongoing partnership with First Nation communities as evidence of how DP World works closely with local people. This was particularly evident in Prince Rupert where DP World operates the Fairview Container Terminal. DP World completed the Phase 2 North expansion of Prince Rupert in August 2017 raising capacity to 1.35 million TEU, making it capable of handling the largest vessels afloat. It is an economic engine for the community there and a key asset with 65 per cent of Canadian exports to Asia originating in British Columbia, ideal for the development of export logistics.
"We believe that every community we work with is part of the DP World family and we are delighted to have Canadians as family members, enriching our business," he said.
News source: Khaleej Times
18 December 2017 | His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Monday Harjit Sajjan, the visiting Canadian Minister of National Defence, at his Majlis in Al Bahr Palace.
H.H. Sheikh Mohamed and Sajjan discussed ways of enhancing cooperation ties to the best interest of the two sides. They also reviewed coordination in military and defence affairs between the two countries. They exchanged views on the latest developments in the region, and the two countries' efforts to ensure security, peace and stability.
Among those who attended the meeting were H.H. Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler`s Representative in Al Ain Region, H.H. Sheikh Surour bin Mohammed Al Nahyan, H.H. Sheikh Saeed bin Zayed Al Nahyan, Abu Dhabi Ruler`s Representative, H.H. Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, H.H. Sheikh Khalid bin Zayed Al Nahyan, Chairman of the Board of Zayed Higher Organisation for Humanitarian Care & Special Needs, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, and a number of Sheikhs and top officials.
The meeting was also attended by Fahad Al Raqbani, Ambassador of the UAE to Canada and Masud Husain, Ambassador of Canada to the UAE.
News source: Emirates News Agency
Nova Chemical announced two large-scale investments in the Sarnia-Lambton area worth more than $2 billion Friday.
9 December 2017 | The company plans to expand its Corunna cracker by approximately 50 per cent to provide ethylene feedstock to a new polyethylene facility that will increase Nova's production of the plastic used for bags, pipes, consumer electronics and other household goods by 450 kilotonnes per year.
Sarnia still fighting for Nova Chemical expansion
Nova Chemicals invests $300M in Sarnia-Lambton facilities
"We are pleased to be moving forward with this growth opportunity and thankful for the support from the provincial government," stated Naushad Jamani, a Nova senior vice president. "With this investment, we are bringing innovation to the North American and global marketplace, investing in our highly skilled people and creating a solid future for the communities in which we operate."
He pointed to Nova's "talented teams across Canada" and the strong support of the community as big factors in making the projects possible.
Province contributing $100M
Officials with the Sarnia Lambton Economic Partnership celebrated the announcement as a reflection of the company's "confidence" in the region's economy.
"I am confident that our highly-skilled workforce will play a key role in this world-scale polyethylene facility using the best
practices and environmental technologies that Sarnia-Lambton has become well known for," stated CEO Stephen Thompson.
The Chemistry Industry Association of Canada thanked the province for contributing $100 million to the project, which the organization said will create 2,000 direct and indirect jobs over its first 10 years.
Sites for both projects are being prepared ahead of a start-up date in late 2021.
News source: CBC News
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