03-27-2019, 02:02 PM
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#655
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Franchise Player
Join Date: Sep 2012
Location: St. George's, Grenada
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Alberta Party leader Stephen Mandel says he’ll put the province back on track to be a leader in innovation and diversification if his party were to form government following next month’s election.
Quote:
“The petrochemical industry is where the great growth can happen because it is supplying … new products for the new age economies. We see this gas royalty in-kind as a way in which we can partner with these petrochemical firms so they can expand their businesses.”
Mandel noted the party would also support the next planned phases of the $9.7-billion North West Redwater Sturgeon Refinery, located 35 kilometres northeast of Edmonton.
The three-phase, 150,000-barrels per-day bitumen-blend refinery, Canada’s first new oil refinery in 34 years, is designed to produce diesel, diluent and other products for the Alberta and world markets.
He pointed to programs like CanaPux — a technology that mixes and coats oilsands bitumen with polymer plastic, creating a pellet-shaped product similar in shape to a hockey puck — as an example of innovation the Alberta Party would support.
Late last year, Canadian National Railway Co. said it planned to build a pilot plant worth up to $50 million to create the product, in order to transport it by rail and ships to customers around the world.
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https://calgaryherald.com/news/polit...ation-strategy
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