The difference between industrial chemistry and chemical engineering; is that industrial chemists are more focused on the chemistry side of things; organic chem, inorganic and big on polymers. Where as chemical engineering mostly deals with chemical processes on a large scale such as separation...
The course is easy. Im assuming your a chem eng student, so pay attention when material balances are taught.
From what i remember the assessments go something like:
Test - i think there are two of them.
Report - on excursion to qenos.
Group project - material balance.
and i think its just 2...
Im pretty sure co-op only allows you to do a single degree.
Friend of mine does chem eng/comp sci and applied for co-op, he was offered the scholarship with the condition that he drops the comp sci.