Page 9 - ப்ரூக்ஃபீல்ட் உள்கட்டமைப்பு கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inter Pipeline Heartland Petrochemical Complex December 2020 (CNW Group/Inter Pipeline Ltd.) CALGARY – Inter Pipeline says it will receive $408 million in cash grants for its Heartland Petrochemical Complex under an incentive program by the current Alberta government but will have to give up $200 million in royalty credits granted by the previous government. In a news release, the Calgary-based company says its $4-billion integrated propane dehydrogenation and polypropylene production facility being built northeast of Edmonton will be the first recipient of the grant announced in October by the United Conservative Party government. The same project, designed to transform abundant Alberta propane into plastic beads to be exported to manufacturers, received $200 million in royalty credits in 2016 under the previous NDP government’s incentive program.

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