Dow Canada Plans Fort Saskatchewan, Alberta, Ethylene Cracker Operations
12/21/2023
The investment includes building a new ethylene cracker and increasing polyethylene capacity by 2 million MTAiii as well as retrofitting the site's existing cracker to net-zero Scope 1 and 2 emissions. Construction is scheduled to begin in 2024.
"The opportunity to decarbonize our assets while driving growth is central to Dow's business strategy. All our stakeholders benefit from this investment – creating value for our customers and shareholders, new opportunities for our employees, economic growth for the community, and fewer greenhouse gas emissions for the environment,” said Jim Fitterling, Dow Chair and CEO.
Path2Zero will be the world's first net-zero Scope 1 and 2 emissions ethylene and derivatives complex. Dow aims to become carbon neutral by 2050.
"This investment by Dow is further evidence of the opportunity that exists in Alberta. We are proud that Dow has chosen to build and launch their project here. This project does not just mean net-zero emissions, it means more jobs and a stronger economy. I look forward to the next steps, including construction starting next year,” noted Danielle Smith, Premier of Alberta.
The government of Alberta, government of Canada, City of Fort Saskatchewan, and Invest Alberta supported the project through connections to subsidies, incentives, and sector connections.
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