For the second time this week, a company has announced a multi-billion dollar investment in Alberta..On Wednesday, it was $2.5-billion investment from Northern Petrochemical Corporation (NPC)..The company announced it signed a deal in Grande Prairie with the MD of Greenview for a 295-acre parcel of land to develop a carbon-neutral integrated ammonia and methanol complex..The project is expected to create up to 4,000 near-term construction jobs and 400 permanent full-time jobs once operational in the region..“After looking at possible locations nationally and globally, we decided that Alberta would be the best home for this project. New developments here are a strong signal that Grande Prairie and the MD of Greenview are committed to this industry and have the motivation to help bring these projects to life,” said.Geoff Bury, President and CEO of NPC..“The Greenview Industrial Gateway and the Alberta Petrochemicals Incentive Program (APIP) are both examples of the right infrastructure and supports in Alberta to create jobs and grow a cleaner energy future.”.The MD of Greenview has also submitted an expression of interest to the provincial government to become a Carbon Capture, Utilization and Storage (CCUS) hub, creating carbon capture and sequestration possibilities within the Greenview Industrial Gateway..“This investment is another example of how Alberta is attracting world-scale hydrogen production facilities, via blue-ammonia and methanol products,” said Dale Nally, Associate Minister of Natural Gas and Electricity..“It’s encouraging that Northern Petrochemical recognizes Alberta’s petrochemical advantage and is choosing the MD of Greenview as it strives to build a petrochemical ecosystem able to support more future low-carbon petrochemical projects.”.On Monday, Amazon Web Services Inc. (AWS) announced it will make a multi-billion-dollar investment on a new cloud computing operation in Calgary..“It’s estimated this investment will create close to 1,000 new jobs through a total investment of $4.3 billion, making it perhaps the largest single investment in the history of the province’s tech sector,” said the UCP government in a press release..Alberta Premier Jason Kenney was thrilled with the news, calling it a “game-changer.”
For the second time this week, a company has announced a multi-billion dollar investment in Alberta..On Wednesday, it was $2.5-billion investment from Northern Petrochemical Corporation (NPC)..The company announced it signed a deal in Grande Prairie with the MD of Greenview for a 295-acre parcel of land to develop a carbon-neutral integrated ammonia and methanol complex..The project is expected to create up to 4,000 near-term construction jobs and 400 permanent full-time jobs once operational in the region..“After looking at possible locations nationally and globally, we decided that Alberta would be the best home for this project. New developments here are a strong signal that Grande Prairie and the MD of Greenview are committed to this industry and have the motivation to help bring these projects to life,” said.Geoff Bury, President and CEO of NPC..“The Greenview Industrial Gateway and the Alberta Petrochemicals Incentive Program (APIP) are both examples of the right infrastructure and supports in Alberta to create jobs and grow a cleaner energy future.”.The MD of Greenview has also submitted an expression of interest to the provincial government to become a Carbon Capture, Utilization and Storage (CCUS) hub, creating carbon capture and sequestration possibilities within the Greenview Industrial Gateway..“This investment is another example of how Alberta is attracting world-scale hydrogen production facilities, via blue-ammonia and methanol products,” said Dale Nally, Associate Minister of Natural Gas and Electricity..“It’s encouraging that Northern Petrochemical recognizes Alberta’s petrochemical advantage and is choosing the MD of Greenview as it strives to build a petrochemical ecosystem able to support more future low-carbon petrochemical projects.”.On Monday, Amazon Web Services Inc. (AWS) announced it will make a multi-billion-dollar investment on a new cloud computing operation in Calgary..“It’s estimated this investment will create close to 1,000 new jobs through a total investment of $4.3 billion, making it perhaps the largest single investment in the history of the province’s tech sector,” said the UCP government in a press release..Alberta Premier Jason Kenney was thrilled with the news, calling it a “game-changer.”