Construction of the complex is well underway at the Strathcona County site. The Heartland Petrochemical Complex will be designed to convert locally sourced, low-cost propane into 525,000 tonnes per year of polypropylene, a high value, easy to transport plastic used in the manufacturing of a wide range of finished products. CLICK THIS BANNER FOR HPC'S COVID-19 BULLETIN AND RESOURCE PAGE. With its anticipated completion in 2021, Inter Pipeline's complex would be Canada's "first integrated propane dehydrogenation and polypropylene facility." This partnership is in place to help ensure that the CUB, which will be highly integrated with the Heartland Complex, will be managed safely and efficiently for the long-term benefit of both Fengate and Inter Pipeline. “Driven by attractive feedstock and utility costs, the Heartland Complex is expected to be one of the lowest cost polypropylene producers in North America,” Bayle said. The Heartland Petrochemical Complex is an approximately $4.0 billion project designed to consume approximately 22,000 b/d of locally-sourced, low-cost propane to produce approximately 525 kilotonnes per annum of polypropylene, a high-value, easily transported plastic used in the manufacturing of a wide range of finished products. We are building Canada's first integrated propane dehydrogenation (PDH) and polypropylene (PP) complex. The project is the single largest capital investment in Inter Pipeline’s history and will be funded by a combination of debt and equity financing. , has yet to receive a final investment decision. Careers at the Heartland Petrochemical Complex Print Page An opportunity as unique as you! Note: If you would like to submit a GENERAL application for employment opportunities at Inter Pipeline, please identify the role you're interested in and email your cover letter and resume to: Inter Pipeline is proud to work with our project contractors. Read a short profile about some of our contactor groups. Careers at Inter Pipeline's Heartland Petrochemical Complex; Note: If you would like to submit a GENERAL application for employment opportunities at Inter Pipeline, please identify the role you're interested in and email your cover letter and resume to: talent@interpipeline.com . “We are impressed with the quality of Inter Pipeline’s track record, strategy, operations and people, and this significant acquisition is an excellent fit with our power and energy infrastructure strategy,” said Andrew Cogan, Managing Director, Infrastructure Investments, Fengate. See here for a complete list of exchanges and delays. Construction of the Heartland Complex is in progress with completion scheduled for late 2021. CALGARY, Alberta (Reuters) - Calgary-based Inter Pipeline Ltd. said on Monday it will build a C$3.5 billion ($2.7 billion) petrochemical plant in central Alberta, taking advantage of the provincial government's subsidies for such facilities. The $3.5 billion complex, which excludes the CUB capital cost, consists of integrated propane dehydrogenation and polypropylene plants. Inter Pipeline will start construction in early 2018 and the plant is expected to be finished in late 2021. The complex will convert locally sourced, low-cost propane into 525,000 tonnes per year of polypropylene pellets. Fengate has also entered into long-term agreements to supply electricity and other utilities to Inter Pipeline’s Heartland Petrochemical Complex in exchange for structured capital and operating recovery fee payments from Inter Pipeline. Watch the video below to see the … It is one of two that received such credits. Fengate is pleased to announce that, on behalf of our investors, it has acquired the Heartland Petrochemical Complex’s Central Utility Block (“CUB”) from Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL). The CUB is a 102 MW natural gas powered cogeneration facility capable of supplying Inter Pipeline with electricity, steam and other key utilities for its 100% owned Heartland Complex near Edmonton, Alberta. Splitter Lift. Inter Pipeline 's Heartland Petrochemical Complex is a $3.5-billion project in Fort Saskatchewan, Alberta which will produce recyclable plastics from the province's propane. The facility will convert 22,000 barrels per day of propane, which is plentiful in Alberta because of abundant natural gas production, into 525,000 tonnes per year of polypropylene, a type of plastic. Construction of the Heartland Complex is in progress with completion scheduled for late 2021. Inter Pipeline's Heartland Petrochemical Complex is a $3.5-billion project in Fort Saskatchewan, Alberta which will produce recyclable plastics from the province's propane. The integrated propane dehydrogenation and polypropylene plant, known as the Heartland Petrochemical Complex, will be built in Strathcona County and is the first of its kind in Canada. The integrated propane dehydrogenation and polypropylene plant, known as the Heartland Petrochemical Complex, will be built in Strathcona County and is the first of its kind in Canada. Our Standards: The Thomson Reuters Trust Principles. Calgary-based Inter Pipeline Ltd. is constructing Canada’s first integrated propane dehydrogenation/polypropylene (PDH/PP) plant. Please. Reporting by Nia Williams; Editing by Steve Orlofsky. March 2019. “We’re excited to see this new investment that will create thousands of good-paying, value-added jobs and help diversify Alberta’s economy,” said Margaret McCuaig-Boyd, Alberta’s minister of energy. Under the terms of the sale, Inter Pipeline will recover all of its development capital and Fengate will assume full responsibility for funding construction of the CUB, representing capital costs currently estimated at $600 million. By using this site you agree to our use of cookies. This website uses cookies to provide you with more responsive and personalized service. Located in the Edmonton region, the $3.5-billion Heartland Petrochemical Complex will process locally sourced propane into plastic pellets for use in a variety of everyday end uses. Alberta’s government is seeking to diversify the economy away from oil extraction, and Inter Pipeline’s decision to go ahead with the project is a welcome boost to the country’s largest oil-producing province, which has been struggling with more than three years of low crude prices and a lack of progress in getting new oil export pipelines built. Hear from John Kulka, Automation Manager for the Inter Pipeline Heartland Petrochemical Project! The CUB is expected to be in service by mid-2021 in order to provide utilities for the commissioning of the Heartland Complex. The complex will convert locally sourced, low-cost propane into 525,000 tonnes per year of polypropylene pellets. Fengate has engaged Inter Pipeline to manage the construction of the CUB and the day-to-day operations of the facility once in service. All quotes delayed a minimum of 15 minutes. “By partnering with a quality firm like Fengate for the development of the CUB, Inter Pipeline has meaningfully reduced its overall capital cost obligation for the Heartland Complex.”. The $3.5 billion complex, which excludes the CUB capital cost, consists of integrated propane dehydrogenation and polypropylene plants. The project will receive C$200 million of royalty credits from the government’s Petrochemical Diversification Program, launched last year to encourage companies to invest in new facilities. © 2020 Inter Pipline Ltd. All Rights Reserved. “This investment partners Fengate alongside a leader in the energy infrastructure sector and will provide stable, long-term returns for our investors.”, “We are very pleased with the results of this competitive sales process,” remarked Christian Bayle, Inter Pipeline’s President and Chief Executive Officer. Interested to learn more about Inter Pipeline and view our current career opportunities? © 2020 Fengate Capital Management Ltd. All rights reserved. Watch the video below to see a flyover of the Heartland Petrochemical Complex. Interested about current job postings with any of the Heartland Petrochemical Complex contractors? With its anticipated completion in 2021, Inter Pipeline 's complex would be Canada's "first integrated propane dehydrogenation and polypropylene facility." Fengate will be responsible for funding the capital costs for the CUB on an ongoing basis. Careers at Inter Pipeline's Heartland Petrochemical Complex. The other, by Pembina Pipeline Corp PPL.TO and Kuwait Petroleum Corp IPO-KUWP.KW, has yet to receive a final investment decision. CALGARY, Alberta (Reuters) - Calgary-based Inter Pipeline Ltd IPL.TO said on Monday it will build a C$3.5 billion ($2.7 billion) petrochemical plant in central Alberta, taking advantage of the provincial government's subsidies for such facilities. Foreign oil companies have sold off around $23 billion in Canadian assets this year alone. MORE + After achieving several significant milestones in the first quarter of the year, the project remains on schedule and on budget. Inter Pipeline revealed plans for a petrochemicals plant late last year, and Chief Executive Christian Bayle said on Monday he expects the facility to provide attractive profit margins given strong polypropylene prices in North America.

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