Calgary-based West Coast Olefins Ltd. announced that it acquired a 300-acre parcel of land in the BCR Industrial Area of Prince George, BC as part of its plan to construct a CAD$5.6 billion (About $4.2 billion) petrochemical complex. The company plans to build a facility at the site capable of producing 1 million tonne/yr of polymer-grade ethylene, a polyethylene plant, an NLG recovery plant that will recover condensate from Enbridge’s West Coast Pipeline, as well as related off-site facilities and infrastructure.West Coast Olefins said the firm may also construct a mono-ethylene glycol plant in the Prince George complex. A large amount of the polyethylene produced at the site will be exported to Asia.
