New petrochemical facility coming to Alberta
Multi-billion dollar project is part of Alberta's Recovery Plan.
Northern Petrochemical Corporation has announced that it plans to build a $2.5 billion carbon-neutral ammonia and methanol production facility in the Municipal District of Greenview in Alberta.
This project will provide a big boost to the province’s economic momentum by creating over 4,000 jobs during the construction phase and 400 permanent positions upon completion.
The petrochemical facility will be part of the Greenview Industrial Gateway, a planned industrial sector, and will further diversify the Grande Prairie region.
This investment is part of Alberta’s Recovery Plan, designed to create jobs and diversify the province’s economy.
“The announcement of this huge new job-creating project adds even more momentum to Alberta’s exciting economic recovery,” says Alberta Premier Jason Kenney. He adds that Northern Petrochemical’s decision to build this facility proves that the province’s natural gas vision and petrochemical strategy is working.
This will the first facility of its kind in Canada given the plans to employ carbon capture and storage to produce very low-carbon products that can be used in the energy, agriculture and chemical industries.
“This investment is another example of how Alberta is attracting world-scale hydrogen production facilities via blue ammonia and methanol products,” says Dale Nally, Associate Minister of Natural Gas and Electricity.
For more information, you can watch the press conference below…