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Inter Pipeline’s Heartland Petrochemical Complex Charges Ahead

3/10/2021

The Heartland Petrochemical Complex under construction near Fort Saskatchewan, Alberta appears to be continuing towards its planned startup in 2022.  Project operator Inter Pipeline recently rejected what it called a hostile takeover bid from Brookfield Infrastructure Partners LP of Toronto. Inter Pipeline considered the takeover bid that began in February to be an unwise one to accept, as the company sees the advanced progress made to be an indicator of new growth in 2022.  Inter Pipeline’s Special Committee Chairwoman Margaret McKenzie stated that “Our business continues to perform strongly, and we continue to expect that our nearly completed Heartland Petrochemical Complex, the largest g

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