Pembina and PIC form joint venture for polypropylene facility in Alberta

Pembina Pipeline Corporation and Petrochemical Industries Co. of Kuwait executed 50/50 joint venture agreements and formed Canada Kuwait Petrochemical Corporation to proceed with front end engineering design for a proposed 1.2 billion pound per year integrated polypropylene facility in Sturgeon County, Alberta.

“This Project represents a material extension of our natural gas liquids value chain strategy and creates a significant incremental local market for western Canadian hydrocarbons.”prnewswire.com

• 1 source
• prnewswire.comPembina Pipeline Corporation and Petrochemical Industries Co. of Kuwait Establish Joint Venture and Proceed with Front End Engineering Design for Proposed 1.2 Billion Pound Per Year Integrated Polypropylene FacilityPembina Pipeline CorporationMay 15, 2017

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