The forecast growth in liquefied natural gas (LNG) imports into North America is good news in the short term for petrochemical producers but bad news for natural gas processors who face lower margins, a Houston, Texas consultant said Tuesday.
April 18, 2007, 12 PM MDT
A proposed ethane extraction plant north of Fort Saskatchewan to be owned and operated by Aux Sable Canada Ltd. (ASC) could offer growth opportunities in the Alberta petrochemical industry, says a NOVA Chemicals Corporation executive.
March 22, 2007, 12 PM MDT
Inter Pipeline Fund says it will invest in a $36 million capital project to increase ethane production at the Empress V natural gas liquids extraction plant in southern Alberta.
October 17, 2006, 12 PM MDT
Field construction is expected to begin next spring on the $45 million first phase of a plant to process "offgas" from a heavy oil upgrader to produce an additional source of ethane for the Alberta petrochemical industry.
October 6, 2006, 12 PM MDT
Dubai (Reuters) - Gulf Arab countries will account for about 20% of the world's ethylene production by 2010 as they expand petrochemical output capacity, the secretary general of a Gulf petrochemicals lobby said today.
October 2, 2006, 12 PM MDT
A new Alberta ethane policy could encourage petrochemical companies to invest in new infrastructure, possibly as joint ventures, to obtain additional sources of ethane, industry officials said Friday.
October 2, 2006, 12 PM MDT
A new policy introduced by the Alberta government will bring more ethane feedstock to the petrochemical industry and expand opportunities for value-added upgrading, the government announced this morning.
September 29, 2006, 12 PM MDT
Alberta's nascent petrochemical industry could be rendered uneconomic without adequate access to ethane, Dow Chemical Canada Inc. warned Tuesday.
March 15, 2006, 12 PM MST
Nexen Inc. announces that effective July 31 it will be closing its sodium chlorate plant located in Amherstburg, Ontario.
June 30, 2005, 12 PM MDT
Kananaskis -- The president of Dow Chemical Canada Inc. says the petrochemical industry's call for government intervention to encourage ethane production in Alberta isn't at odds with free market ideology.
June 9, 2005, 12 PM MDT
Kananaskis --The Alberta petrochemical industry should be globally cost competitive if it can diversity into cracking products such as naphtha and maximize production of co-products, a Houston consultant said this week.
June 8, 2005, 12 PM MDT
Alberta can and should play a role in the development of northern natural gas as a source of feedstock for the province's petrochemical industry, says the province's energy minister.
March 8, 2005, 12 PM MST
CanWest Petroleum Corporation says it has reached an agreement with NOVA Chemicals Corporation to jointly study the feasibility of the Pasquia Hills oil shale project as a potential source of petrochemical feedstocks.
January 7, 2005, 12 PM MST
Natural gas and crude oil prices are expected to remain at high levels for the foreseeable future - meaning there will be continued pressure on resource-based, value-added industries, such as petrochemicals, to control costs.
June 10, 2004, 12 PM MDT
The Alberta government is considering the appointment of a high-level industry/government task force to look at greater integration of the oilsands and petrochemical industries to deliver value-added petrochemical products, a Calgary MLA said Thursday.
January 30, 2004, 12 PM MST
While it's unlikely in the next five to 10 years, ethane from bitumen could eventually become a factor in the Alberta natural gas liquids marketplace, a conference heard Monday.
November 25, 2003, 12 PM MST
After "seven long years" of diminishing returns, North American ethylene demand should begin to pick up next year, petrochemical producers meeting in Kananaskis Country heard this week.
June 13, 2003, 12 PM MDT
A provincial petrochemical industry built on low-cost ethane was challenged Tuesday to get involved in developing a new "Alberta Advantage" to ensure the industry remains competitive in the face of rising natural gas prices.
June 11, 2003, 12 PM MDT