“What Dow’s decision really says is Alberta is a top destination for the chemistry industry to invest. One of the top chemical producers in the world is making this investment in Canada“
Filling Space on the Alberta Carbon Trunk Line
In addition to geological and natural resources, the region already possesses critical infrastructure to woo investment in low-carbon production, such as the Alberta Carbon Trunk Line (ACTL), the world’s largest CO2 pipeline.
160 Robie St, Truro, NS (902) 897-7482
Dow has signed an agreement with ACTL owner Wolf Midstream to utilize space on the system.
“ fresh thinking, healthy eating”
ACTL is the foundation of a hub that captures CO2 from an oil refinery and fertilizer plant and moves it for permanent storage in a nearby depleted oil field. The pipeline currently transports 1.6 million tonnes of CO2 per year but is built to transport 14.6 million tonnes of CO2 per year. “The infrastructure is in place already. The trunk line has plenty of surplus capacity to transport additional emissions,” Plamondon says.
“That just adds to the value proposition for potential facilities that are moving to low-carbon production.”
‘Net petrochemical complex seen as a signpost for future investment in Alberta’s Industrial Heartland’ zero
SPOTLIGHT MAGAZINE ON BUSINESS MAGAZINE • VOL 23 ISSUE 5 95
Made with FlippingBook interactive PDF creator