The chemical and chemical products industry is one of Canada’s largest manufacturing industries in terms of employment and value added to GDP.  The industry encompasses a wide range of products, including petrochemicals, agrochemicals, pharmaceuticals and many essential formulated products, such as plastics, paints, sealants and coatings. Canada’s chemical industry has experienced strong generational growth and the country remains a prominent global producer due to its abundant supply of raw materials and integrated chain of refining and upgrading facilities.  Moving forward, the industry is undergoing a significant evolution is it faces greater environmental regulation, investment in clean technologies and emphasis on the bio-economy.  In adapting to this new landscape, the sector is focusing on increased carbon-neutrality and use of renewable resources, as well as developing green chemicals and other bio-based products.

CHS has significant experience serving as financial experts in major assignments involving Canadian chemical manufacturers.  These mandates have included assessing economic damages in numerous breach of contract and intellectual property infringement matters.  Amongst these, CHS was retained to quantify the defendant’s profits in a patent infringement case between Dow Chemical Company and Nova Chemicals Corporation that resulted in the largest ever reported award in a Canadian patent infringement case when, in 2017, the Federal Court awarded Dow $645 million (2017 FC637).