Lisa JohnsonPublishing date:Nov 11, 2021 • Last Updated 3 days ago • 2 minute read
Alberta Premier Jason Kenney says a planned $2.5-billion petrochemical plant in the Grande Prairie region is a sign of hope in the province’s economic recovery.
Alberta Premier Jason Kenney says a planned $2.5-billion petrochemical plant in the Grande Prairie region is a sign of hope in the province’s economic recovery.
Northern Petrochemical Corporation (NPC) announced Wednesday it will build a carbon-neutral ammonia and methanol production facility set to be the anchor tenant in a planned Greenview Industrial Gateway hub.
The facility is expected to create up to 4,000 jobs during its construction, beginning in the spring of 2023 and completing in the fall of 2026. Once it’s operational, it promises to employ 400 people full time.
“(It) is about adding value to natural gas feedstock, in a net-zero emissions context, for products that are in massive demand around the world,” said Kenney, adding that it shows the province’s economic recovery plan is paying off.
Geoff Bury, president and CEO of NPC, said the natural gas facility will use carbon capture, utilization and storage, producing up to 200 tonnes of blue methanol and blue hydrogen per year that can be converted to ammonia and shipped internationally.
