Alberta relaunches incentive program to attract as much as $30 billion in petrochemicals sector

CALGARY – Alberta is relaunching a program offering petrochemical project grants and incentives in the hopes of attracting $30 billion in new investments over the next 10 years as it pushes to diversify its revenue streams from oil and gas royalties. Alberta will open its redesigned Alberta Petrochemicals Incentive Program on Friday to replace the previous government’s Petrochemical Diversification Program. The new...