West Coast Olefins of Calgary has secured a 300-acre site in the BCR Industrial Area within the city of Prince George in preparation for the construction of a $5.6bn petrochemical project at the site. The project would include a world-scale ethylene plant and polyethylene facility and the majority of the polyethylene product would be shipped to growing Asian markets.
Once fully operational, the facility will create up to 1,000 permanent highly skilled jobs, while several thousand workers will be required to support the construction effort over a three-year period. Tens of millions of dollars in sustaining capital investment will be required each year to support the facility, which would provide on-going economic benefits for the community.
The company is aware of the local sensitivity to air shed concerns in the ‘bowl area’ of Prince George, especially particulate matter and odour issues. The plant uses a low-carbon, clean-burning mixture of methane and hydrogen as its main fuel source for fired equipment that has no soot, or odour and minimises GHG emissions. We believe that this makes a strong case for how this project fits with the provincial climate action plan.
For the past year, West Coast Olefins representatives have been researching Prince George, and meeting with Prince George-area contractors to investigate local capabilities to ensure that the company maximises its use of local labour and associated construction and fabrication infrastructure. Officials have also had several meetings with First Nations, local leaders, and construction companies over the past six months.
“The Prince George facilities, using the latest available technologies and leveraging feedstock and transport advantages available in the city, will be the most competitive in North America,” says Ken James, president and CEO of West Coast Olefins.
“We are overwhelmed with the level of support we have received. Mayor Hall, council, and c city staff have been very helpful in understanding the importance of economic diversification to the city.”
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