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Pembina, PIC to build a JV PP facility

by ChemOrbis Editorial Team -
  • 16/05/2017 (12:05)
According to Reuters, Canada’s Pembina Pipeline Corporation and Petrochemical Industries of Kuwait (PIC) formed a 50/50 joint venture in order to build a PP facility in Alberta, Canada.

The new facility is expected to consume 22,000 barrels/day of propane from Pembina’s Redwater Fractionation Complex in Alberta and produce 1.2 billion lb/year of PP to be transported to the North American and global markets.

The new project is preliminarily estimated to cost $3.8-4.2 billion (gross).
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