Railways transport up to 80 per cent of chemicals produced in Canada
Also overhauling adjacent expansion facility that was being built at time of blast
Down 0.3 per cent for third decline in four months, according to agency
Plant will be located in Salaberry-de-Valleyfield, Que., 40 kilometres southwest of Montreal
According to agency, exports of motor vehicles, parts rose 5.6 per cent to $5.4-billion
The St. Charles plant, which was idled in January 2009, is expected to deliver a $150 million increase in EBITDA in 2013.
CEO Ellen Kullman said weaker than expected demand in titanium dioxide and photovoltaic markets contributed to the decline.
Ecolab CEO expects $150 million in cost synergies by the end of 2015
The company said the sale to a private equity firm will allow it to focus on its high-growth areas of advanced materials.
Firm says the slower M&A pace likely reflects a healthier chemicals industry