INDUSTRIAL HEARTLAND ALBERTA'S - cbre
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ALBERTA’S INDUSTRIAL HEARTLAND
HOME TO 40+ COMPANIES
WITH $1.5 BILLION
IN
ANNUAL EXPENDITURES
AND OVER $13.5 BILLION
WORTH OF PRODUCT
P R O D U C E D A N N U A L LY
MOST COMPETITIVE OVER $40 BILLION
TAXES IN THE WORLD INVESTED TO DATE
LOWEST GASOLINE TAXES IN ALBERTA WITH A GOAL OF ATTRACTING
NO CAPITAL TAXES, PAYROLL TAXES AN ADDITIONAL $30 BILLION
OR RETAIL SALES TAXES BY THE YEAR 2030
THE INDUSTRIAL HEARTLAND CAN PRODUCE GLOBAL
S C A L E QUA N TITIES AN D IS RE S PONS IB LE F OR 4 3 %
OF THE NATIONAL BASIC CHEMICAL MANUFACTURING INDUSTRY
OIL SANDS ARE ESTIMATED TO CONTAIN
1.74 TRILLION BARRELS OF CRUDE
OVER 6,000
O F T H A T, 1 7 4 B I L L I O N B A R R E L S A R E PERMANENT
AVAILABLE FOR ECONOMICAL EXTRACTION EMPLOYEES
CANADA’S LARGEST HOME TO THE WORLD’S
H Y D R O C A R B O N SECOND LARGEST
P R OC E S S I N G REGION ETHANE BASED CRACKER
582KM OF INDUSTRIAL
ZONED LAND IN STURGEON,
LAMONT, & STRATHCONA COUNTIES
JUST 30 KM FROM DOWNTOWN EDMONTON
CANADIAN NATIONAL
HOME TO BOTH
AND CANADIAN PACIFIC RAILROADS
ACCESS TO
THE EDMONTON
INTERNATIONAL
EASY ACCESS TO A I R P O R T AND TWO
TRANSCANADA AND SECONDARY AIRPORTS
QEII HIGHWAYS
PROVIDING LINKS TO THE MOST WORLD MARKETS
CAN BE ACCESSED
REST OF CANADA AND
T H E U N I T E D S TAT E S WITHIN 72 HOURS
SOURCE : ALBERTA INDUSTRIAL HEARTLAND
INVESTING
IN ALBERTA’S FUTURE
The Heartland Petrochemical Complex is
designed to convert locally sourced, low-cost
propane into 525,000 tonnes of polypropylene
per year, a high-value, easily transported plastic
used in the manufacturing of a wide range of
finished products.
• Over $1 billion spent, $4.1 billion total cost
with Central Utilities Block adding $600
million to the project
• Over 13,000 direct and indirect jobs will
be created over the four-year construction
period (2018-2022)
• Interpipeline will receive $200 million
in royalty credits to build the Heartland
Petrochemical Complex
In addition to the existing facility, Interpipeline is Canada Kuwait Petrochemical, which includes
also building a $600 million acrylic acid facility in Calgary-based Pembina Pipeline Corp, is planning
Alberta’s Industrial Heartland. to build a $4.5 Billion de-hydrogenation and
polypropylene facility in Sturgeon County.
• Over 600 construction jobs and 50 full
time jobs will be created once the facility is • This facility will process 23,000 barrels of
operational in 2022 propane a day into polypropylene
• The acrylic acid plants will convert 60,000 • The facility will create over 3,000 construction
tonnes of polypropylene into 80,000 tonnes jobs and 200 full time jobs when the facility
of acrylic acid opens in 2023, construction is set to begin
in 2019
• Interpipeline will receive $70 million in royalty
credits from the Government of Alberta to • Canada Kuwait Petrochemical/Pembina will
build the acrylic acid plant receive $300 million in future royalty credits
to build the facility
SOURCE : GOVERNMENT OF ALBERTA , INTERPIPELINE
WHAT IS
P O LY P ROPYLENE ?
Polypropylene is a high value, easy to transport
plastic used in the manufacturing of a wide
range of finished products.
CONSUMER FOOD
PA CKA GING PA CKA GING
T E XT I L ES AU TO MO BI LE MEDICA L CA NA DIA N
CO MPO NENTS EQUIP MENT CURRENCY
WHAT IS
A C R Y L I C ACID ?
Acrylic Acid is a value-added derivative of propane. It is used
in the manufacturing of paints and absorbent materials.
C O ATI NG S ADH ESI V ES DIA PERS FLOOR POLISH PA INT
SOURCE : INTERPIPELINE , ALBERTA INDUSTRIAL HEARTLAND, GOVERNMENT OF ALBERTA
SUNCOR PEMBINA
PLAINS
MIDSTREAM
PETROGAS
PLAINS
MIDSTREAM
KEYERA
125 ST
DOW
CHEMICAL
119 ST
AGRIUM
ENGIE FABRICOMACCESS KINDER MORGAN
PIPELINE VALUE
PEMBINA / ENBRIDGE CREATION
INTER KING TECH
PIPELINE MAPLE
SHELL SHELL ATCO
SUNCOR
RANGE RD 214
INTER
PIPELINE PEMBINA TRANSCANADA
RANGE RD 220 KEYERA
AUX CN
SABLE
KEYERA
DOW HYDRO
CHEMICAL SCOTFORD HWY 15
KEYERA
*(Sub) Tenant / Purchaser is responsible to confirm the electrical service to the premises / building and ensure it is sufficient for their intended use.
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set
out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does
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from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property
of their respective owners. All Rights Reserved.CONTACT CBRE EDMONTON: CONTACT STRATHCONA COUNTY:
DAVE YOUNG GERALD GABINET
Executive Vice President Director
& Managing Director Economic Development & Tourism
780 917 4625 780-464-8257
dave.young@cbre.com gerald.gabinet@strathcona.ca
ANNALISE BOYTINCK SEAN MCRITCHIE
Research Analyst Manager, Industrial Development
780 917 4629 780-410-8511
annalise.boytinck@cbre.com sean.mcritchie@strathcona.ca
DARIA VYACHKILEVA STEPHEN RAUSCH
Researcher Senior Business Development
Specialist
780 229 4693
daria.vyachkileva@cbre.com 780 464 8241
stephen.rausch@strathcona.caYou can also read
