The Opportunity

Investor Overview

Alberta’s Industrial Heartland is Canada’s largest hydrocarbon processing center. Our unique region offers world class facilities that can produce global scale quantities, and are responsible for 43% of our national basic chemical manufacturing industry. Alberta’s Industrial Heartland is ideally located in the province of Alberta, offering attractive and extensive opportunities in multiple sectors.

Specific Investment Opportunities

  • Electrical co-generation
  • Phenol production for resin in composite board products
  • Ethyl hexyl nitrate as phenol formaldehyde diesel cetane enhancer
  • Hydrogen transfer, hydrogen fuel cells
  • Ethanol Amines
  • Spent hydrocracking catalyst recovery – nickel and vanadium
  • Waste heat recovery, conversion, and utilization
  • CO2 capture, aggregation, and sequestration
  • Warehousing and packaging
  • Natural gas and natural gas liquids fractionation
  • Polypropylene/propylene
  • Ethylene/polyethylene
  • Fertilizer
  • Electricity
  • Logistics and infrastructure
  • Industrial services

Within the province, over $224.3 billion in projects are planned, underway, or have recently been completed (Government of Alberta’s Inventory of Major Projects, April 2017). Of this, the chemical and petrochemical sector accounts for $4.8 billion, $15.1 billion is allotted to the oil and gas sector, and a staggering $97.5 billion in the oil sands sector.

Within Alberta’s Industrial Heartland, the diverse range of feedstock from natural gas liquids and refining by-products provide secondary and tertiary derivative manufacturing opportunities. The potential is great for those interested in accessing this feedstock to produce refined petroleum products and petrochemicals. Investors benefit from Alberta’s extensive oil sands—a secure crude oil source for both domestic and international refineries.

The region also provides easy access to global markets through its efficient transportation infrastructure. Additionally, investors benefit from strong support for research and development and a thriving business atmosphere strengthened by a recognized export and investment culture.

Investment potential also exists in the area of producing and sharing resources. Deregulated energy has reduced innovation barriers and enhanced prospects for advancements in co-generation to enable producers to share resources. Alberta’s Industrial Heartland’s industrial cluster creates ideal conditions for establishing utility islands and eco-industrial development. The region encompasses over 20 major facilities in a large area, but virtually all interconnected in one way or another. Sharing resources through business and community cooperation is leading to increased economic gains, improved environmental quality, and enhanced human resources. Tremendous opportunity exists within the region to increase and enhance the eco-industrial concept.

Investment Lives Here

Investment in Alberta’s Industrial Heartland currently exceeds $40 billion. Given the region’s locational advantage, diverse range of feedstock, access to global markets, and strong R&D sector, investment potential is limitless. Recognizing these benefits, several companies have plans for multi-billion dollar facilities.

Sturgeon Refinery – North West Redwater Partnership

The North West Redwater Partnership, a joint venture between North West Refining and Canadian Natural Resources Ltd, is proceeding with phase one of a 50,000 bbl/day bitumen refinery at an estimated cost of $9.7 billion. Finished products will include ultra-low sulphur diesel, naptha, low sulphur VGO, butane, and propane.

Inter Pipeline Ltd

In December 2016, Inter Pipeline Ltd. Received $200 million from the Government of Alberta’s Petrochemical Diversification Program. Inter Pipeline has plans to construct a propane dehydrogenation facility in Strathcona County. This PDH facility will convert low-cost locally sourced propane into more valuable polymer grade propylene.

Canada Kuwait Petrochemical Corporation

On May 15 2017, Pembina Pipeline Corporation announce that it established a joint venture with Petrochemical Industries Co of Kuwait to begin the engineering design for a proposed 1.2 billion pound per year integrated polypropylene facility. The cost of this preliminary project is estimated at $3.8 to $4.2 billion.

Investment Team

Mark Plamondon

Executive Director

Mark Plamondon is a seasoned business executive with over 22 years of experience and expertise regarding the management, operation, optimization and financial analysis of mineral processing operations. Mark possesses an engineering degree from the University of British Columbia and an MBA from the University of Alberta.  As Executive Director of Alberta’s Industrial Heartland Association, Mark leads the organization’s business development strategy and works with his team to build and enhance relationships with investors, governments, and other stakeholders across the globe.

Garret Matteotti

Director of Business Development

Garret Matteotti is currently the Director of Business Development at Alberta’s Industrial Heartland Association, and possesses a strong background in economic development. Garret is an alumni of both the University of Alberta (BA) and MacEwan University’s Public Relations program.

Chris Malayney

Senior Business Development Officer

Chris Malayney is currently the Senior Business Development Officer at Alberta’s Industrial Heartland Association. Chris has a background in economics and finance – previously working in roles related to market fundamentals, project economics and regulation. Chris possess a Bachelor of Arts in Economics from the University of Alberta and holds the designation of Energy Risk Professional (ERP) from the Global Association of Risk Professionals.

Reports

Alberta’s Industrial Heartland region is strategically located to capitalize on energy and chemical sector advantages in the province of Alberta. Learn more about these opportunities and market outlook in the reports below.

Economic Impact Study – Alberta’s Industrial Heartland Final Report

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Regional Labour Profile – Alberta’s Industrial Heartland Final Report

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Investor Brochure

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Companies in Alberta’s Industrial Heartland

Alberta’s Industrial Heartland would not be the thriving economic powerhouse it is today without the partnership of the many companies that have invested their time and effort into the area. Take a look at our list of Company Summaries to learn more about the many services currently operating within Alberta’s Industrial Heartland.

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Alberta’s Hydrocarbon Processing Opportunities (IHS)

This report completed by IHS compiled and ranked Alberta’s Industrial Heartland’s feedstock advantages. The report is based on four existing studies which were done in the past, and identifies advantaged petrochemical development opportunities in Alberta.

About

A global energy consulting firm, provides best-in-class critical information, decision support tools, and insights essential to the global energy sector.

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Canadian Crude Oil and Natural Gas Production and Supply Costs Outlook (CERI)

This report examines the production and supply costs of Canada’s conventional crude oil and natural gas industries from 2016-2036. The parameters of this study includes shale gas, tight gas, coalbed methane, as well as tight and offshore oil production in Canada.

About

The Canadian Energy Research Institute (CERI) is a not-for-profit research establishment which provides relevant, independent and objective economic research in energy and environmental issues to benefit business, government, academia and the public

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Canadian Natural Gas Market Review (CERI)

This report analyzes the history of Canada’s natural gas upstream industry in order to examine the future of Canada’s natural gas upstream industry. It also reviews the effects that the innovations made in horizontal drilling and hydraulic fracturing technology, the recent drop in oil and natural gas prices, and policy developments have made on the market.

About

The Canadian Energy Research Institute (CERI) is a not-for-profit research establishment which provides relevant, independent and objective economic research in energy and environmental issues to benefit business, government, academia and the public.

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Economic Potentials and Efficiencies of Oil Sands Operations: Processes and Technologies

This report seeks to inform about how the growth of the oil sands industry may be stunted if the current costs and emissions challenges are not quickly and urgently addressed. Within this report, six different technological pathways that will enable the oil sands industry to reduce costs and emissions are explored.

About

The Canadian Energy Research Institute (CERI) is a not-for-profit research establishment which provides relevant, independent and objective economic research in energy and environmental issues to benefit business, government, academia and the public.

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Competitive Analysis of the Canadian Petrochemical Sector

This study builds upon CERI’s September 2015 study, “Examining the Expansion Potential of the Petrochemical Industry in Canada”, reviewing the availability of Canadian petrochemical feedstock for the C1 through C3 value chains through 2030 in order to compare Canada’s competitive position to other petrochemical producers.

About

The Canadian Energy Research Institute (CERI) is a not-for-profit research establishment which provides relevant, independent and objective economic research in energy and environmental issues to benefit business, government, academia and the public.

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Examining the Expansion Potential of the Petrochemical Industry in Canada

This report indicates that feedstock price and feedstock availability are the principle considerations in determining whether a region is cost competitive due to oil-based feedstocks being predominantly used by the rest of the world in their petrochemical production, compared to Canada and the Middle East, who use natural gas. This report also examines the challenges that Canada faces in order to expand its petrochemical sector.

About

The Canadian Energy Research Institute (CERI) is a not-for-profit research establishment which provides relevant, independent and objective economic research in energy and environmental issues to benefit business, government, academia and the public.

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Market Review of Natural Gas Liquids in Western Canada

This report considers the qualitative and quantitative analysis to understand how different market factors could foster or constrain Western Canadian NGL’s market development. An in-depth analysis of Western Canadian NGL market strengths, weaknesses, opportunities and threats (SWOT) at the industry level as well as for each commodity was conducted. A large contributing part of the study were interviews with businesses, governments, regulatory agencies and associations which shared their views regarding the further development of the market.

About

The Canadian Energy Research Institute (CERI) is a not-for-profit research establishment which provides relevant, independent and objective economic research in energy and environmental issues to benefit business, government, academia and the public.

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Public-Interest Benefit Evaluation of Partial-Upgrading Technology

This report examines how a partial upgrade of Alberta’s bitumen could increase returns for investors, as well as provide important benefits to Alberta from a social and economic perspective.

About

The University of Calgary is a public research university whose School of Public Policy is Canada’s leading and most cited policy school. The School of Public Policy advances practical and focused policy research that is independent, credible, and based on hard data.

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