It’s hard not to respect people who look adversity in the face and appear to laugh at it.
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Exxon Mobil Corporation and SABIC are proceeding with the construction of a chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Tex., leading to thousands of high-paying jobs and billions in economic output.
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Alberta taxpayers could be stuck with financing an ongoing pile of debt that was used to build the Sturgeon Refinery, as a result of the “not normal financing structure” used to fund the $10-billion cost of the project, says a financial and legal expert who worked for Imperial Oil Limited for many years.
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