Pembina Announces Positive FID for Heartland Facility
PEMBINA ANNOUNCES POSITIVE FID FOR PDH/PP FACILITY IN AB’S INDUSTRIAL HEARTLAND
Pembina Pipeline Corporation along with Petrochemical Industries Company K.S.C. (PIC) of Kuwait, announced on February 4, 2019 a positive final investment decision to construct a 550,000 tonne per annum integrated propane dehydrogenation (PDH) plant and polypropylene (PP) upgrading facility through their equally-owned joint venture entity, Canada Kuwait Petrochemical Corporation (CKPC).
The PDH/PP Facility will be located in Alberta’s Industrial Heartland, adjacent to Pembina’s Redwater fractionation complex and will consume approximately 23,000 barrels per day of local propane. The facility will have long-term access to an abundant supply of propane feedstock, with a structural cost advantage when compared to other North American facilities.
The PDH/PP Facility is expected to be in-service in mid-2023.
“The decision by Pembina to move forward on its PDH/PP facility is welcome news for Alberta and Canada. World-wide demand for polypropylene is on the rise and a this type of commitment puts Alberta’s Industrial Heartland at the forefront of advanced manufacturing, bringing innovation to the NOrth American and global marketplace,” says Mark Plamondon, Executive Director of Alberta’s Industrial Heartland Association.