KNPC: Joint Venture Eyes $4.5 Billion Processing Plant in Alberta, Canada

Pembina Pipeline Corporation along with Petrochemical Industries Company K.S.C. of Kuwait, will construct a $4.5 billion, 550,000 ton per annum, integrated propane dehydrogenation plant and polypropylene upgrading facility through their equally-owned joint venture entity, Canada Kuwait Petrochemical Corporation near Edmonton, Alberta, Canada.