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Alberta government seeks investment in petrochemicals and hydrogen

11/30/2020

Alberta, home to Canada’s biggest concentration of chemical companies, hopes its new incentives program will not just attract investment to process plentiful hydrocarbons into value added plastic but also make the province a top hydrogen production region as well as a major recycling center. Alberta’s associate minister of Natural Gas and Electricity, Dale Nally, said during a Reuters Events Downstream conference in November that the Alberta Petrochemical Incentive Program (APIP) targets $30 billion in investments in new petrochemical plants as well as expanded facilities. Alberta is Canada’s largest producer of petrochemicals “but we aim to reach higher and become a top global production

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