Inter Pipeline is on track to make a final decision by the end of 2017 on whether to build a propane dehydrogenation and polypropylene complex in Alberta, CEO Christian Bayle said Friday.
"We completed a number of civil activities on-site at our site northeast of Fort Saskatchewan over the summer ... and I do feel we remain on target to make a decision related to this project by the end of the year," Bayle said during the company's third-quarter 2017 earnings call.
The project is in the front-end engineering and design phase for the proposed 450,000 mt/year polypropylene plant and in the detailed design engineering phase for the 525,000 mt/year PDH plant, the company said.
The target startup date for the project is in the second half of 2021.
In August 2016, Inter Pipeline acquired Williams Partners LP's Canadian NGLs businesses, including substantial design plans and equipment for a 22,000 b/d PDH plant that would produce 525,000 mt/year of polymer-grade propylene. Williams had invested about $250 million in the project, with site preparation near a fractionator close to Edmonton.
Inter Pipeline broadened the project to include a polypropylene plant at the site.
