Pembina Ceases Plans for Canadian Petrochemical Project

Pembina Pipeline of Canada and Kuwait’s Petrochemical Industries Company through their joint venture, Canada Kuwait Petrochemical Limited Partnership, have announced that their $4.5 billion integrated propane dehydration plant (PDH) and polypropylene upgrading facility in Alberta would be indefinitely suspended until further notice.  This follows another recent indefinite deferment for a major project in North America just last month with Formosa’s $9.4 billion Sunshine complex in Louisiana. In a recent statement, Pembina cited the construction cost risks due to the ongoing pandemic effect on the project, which remains under force majeure conditions. Pembina had already deferred its investm

LOG IN to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to three free articles.

2) SUBSCRIBE to Global Energy Infrastructure and gain ACCESS to premium content for the energy industry.*

 

*Access will be granted the next business day.

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}