Alberta luring petrochemical players

Province announces 10-year grant program for projects meeting criteria; watchdog organization concerned about ‘blank check’ aspect

Gary Park

for Petroleum News

Convinced it is hot on the trail of a “sky is the limit” investment opportunity, the Alberta government has rolled out a 10-year grant program to attract multibillion-dollar petrochemical projects. When it is launched this fall, the Alberta Petrochemicals Incentive Program will offer government fund....

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New program provides grants

Reliability of feedstocks

Concern over costs