CN has signed a new multi-year agreement with NorFalco Sales, a division of Glencore Canada Corp., to provide freight transportation of sulfuric acid from NorFalco’s rail-served production facilities in Sudbury, Ontario, and Rouyn-Noranda and Valleyfield, Quebec.
NorFalco, one of North America’s largest merchant marketers of sulfuric acid, is responsible for the marketing and distribution of about 2 million tons of sulfuric acid per year. Through parent company Glencore, NorFalco has exclusive access to sulfuric acid production from four major North American production facilities and to an “unrivaled global sulfuric acid supply and trading network,” the company said. “NorFalco’s extensive multi-modal distribution network, supplied by the modern metallurgical facilities Glencore, serves customers from a wide variety of industries.”
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Its operations comprise around 150 mining and metallurgical sites and oil production assets. “With a strong footprint in established and emerging regions for natural resources, Glencore’s industrial and marketing activities are supported by a global network of offices located in over 35 countries,” the company noted. Glencore’s customers are industrial consumers in the automotive, steel, power generation, battery manufacturing and oil sectors. The company also provides financing, logistics and other services to producers and consumers of commodities. Glencore’s companies employ around 158,000 people, including contractors.
“This agreement furthers our strategic partnership with NorFalco, reaching new facilities throughout eastern Canada,” said CN President and CEO JJ Ruest. “Safety is a core value at CN as it is for NorFalco, and NorFalco has consistently won CN’s Safe Handling Award recognizing customers that meet strict standards for the safe handling and shipment of regulated products. CN will continue working closely with NorFalco, thanks to this renewed long term partnership.”
“We are pleased to continue our strategic partnership with CN,” said NorFalco CEO Kunal Sinha. “This agreement provides NorFalco and our customers with a reliable rail transportation infrastructure, underpinned with a shared commitment to safety in handling and moving our product throughout our diversified customer base. “We anticipate this agreement will further our strategic growth supported with manageable transportation costs.”