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Posts for Category “News Release”

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DEC
18
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Inter Pipeline to Build Canada’s First Integrated Propane Dehydrogenation & Polypropylene Complex

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CALGARY, Alberta, Dec. 18, 2017 -- Inter Pipeline Ltd. is pleased to announce that its board of directors has authorized the construction of a world-scale integrated propane dehydrogenation (PDH) and polypropylene (PP) plant. The facilities, collectively referred to as the Heartland Petrochemical Complex, are estimated to cost $3.5 billion in aggregate and will be located in Strathcona County, Alberta near Inter Pipeline’s Redwater Olefinic Fractionator. The Heartland Petrochemical C... More...
NOV
29
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Rail Logistics Centre Completed in Alberta's Industrial Heartland

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November 28, 2017 - Lamont County Alberta - Alberta Midland Railway Terminal Ltd. (AMRT) is pleased to announce the completion of its rail logistics centre located within Alberta’s Industrial Heartland - Canada’s largest hydrocarbon processing hub and home to world-class energy and agricultural industries. Strategically located on Canadian National’s Prairie North Line between Winnipeg and Edmonton at Lamont, Alberta, AMRT is designed to store up to 850 rail cars and is l... More...
NOV
02

Sturgeon County Welcomes Petrochemical Complex

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October 25, 2017, Morinville, AB - Sturgeon County continues to showcase itself as the place to do business by entering into a support agreement with Canada Kuwait Petrochemical Corporation (CKPC) proposing to build a $4 billion petrochemical complex in Alberta’s Industrial Heartland. The Municipal Improvement Agreement, combined with Alberta Energy’s $300 million conditional royalty credit award to CKPC in December 2016, shows demonstrated leadership from Alberta and Sturgeon ... More...
APR
24
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New Executive Director for Alberta's Industrial Heartland

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Alberta’s Industrial Heartland (April 24, 2017) – As Alberta’s Industrial Heartland grows into a global leader in energy processing, a new Executive Director will guide the activities of the municipal partnership. Alberta’s Industrial Heartland Association (AIHA) welcomes Mark Plamondon as the Executive Director starting May 1. “This is a very exciting opportunity to help build upon the success achieved by Alberta’s Industrial Heartland Association since... More...
JAN
20
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Energy Sector Investment Bound for Alberta

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Industry experts agree that renewed confidence could result in major industrial growth Edmonton, Alberta (January 19, 2017) – Energy experts and business leaders highlighted a renewed confidence in Alberta at today’s annual Stakeholder Luncheon. A capacity crowd heard from industry speakers from across the continent who explored trends in energy sector innovation and investment. Hosted by Alberta’s Industrial Heartland Association, the annual event brings together over... More...
MAY
03

Heartland Industrial Activity Remains Steady

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Lamont, Alberta (May 3, 2016) – Between existing operations and new construction, industrial activity in Alberta’s Industrial Heartland maintains a steady pace. Ongoing construction continues on several major projects, while groundbreaking for new projects will happen as early as this summer. More than twenty industrial companies and organizations shared current and future plans at the bi-annual Heartland Community Information Evening on May 2 in Lamont. Hosted by Life in the ... More...
APR
07

New MOU to attract investment in value added sector

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AIHA signs historic MOU with Chinese fund to help increase foreign investment in Alberta Alberta’s Industrial Heartland (April 7, 2016) – Alberta’s petrochemical sector could see an increase in investment by Chinese companies with the signing of a new Memorandum of Understanding (MOU). Signed recently in Hong Kong, the MOU is between Alberta’s Industrial Heartland Association (AIHA) andthe Can-China Global Resource Fund (CCGRF). As a result of continued... More...
JAN
29

Royalty Review Identifies Diversification as a Priority

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Alberta’s Industrial Heartland (January 29, 2016) – More of Alberta’s oil and gas resources may soon be further processed within provincial borders as a result of recommendations by the Royalty Review Panel. After a five month process, the outcome of the Royalty Review was announced today by Premier Notley. Alberta’s Industrial Heartland Association (AIHA) is encouraged by the recommendation to ‘make a bold stretch and seize opportunities to enhance value adde... More...
SEP
01

Cenovus completes transaction to purchase rail terminal

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Calgary, Alberta (August 31, 2015) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed its previously announced purchase of Canexus Corporation’s North American Terminal Operations (NATO), a crude-by-rail trans-loading facility in central Alberta. The acquisition is part of Cenovus’s strategy to build a strong portfolio of transportation options to help maximize market access and capture global prices for its oil. The company is also pleased to announce it has contrac... More...
JUN
08

Canexus Agrees to Sell NATO Asset

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CALGARY, AB--(Marketwired - June 04, 2015) - Canexus Corporation has entered into an agreement to sell its North American Terminal Operations ("NATO") in Bruderheim, Alberta to Cenovus Energy Inc. for $75 million cash consideration, subject to adjustment. The Purchase and Sale Agreement has an economic effective date of June 30, 2015, and closing is expected for August 31, 2015, subject to certain closing conditions. All net proceeds will be used to pay down bank debt. The NATO t... More...
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