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Alberta Petrochemicals Incentive Program

Value

Varies with capital investment at least (CAD) $50 million.

Description

The Alberta Petrochemicals Incentive Program t provides financial incentives in the form of grants to encourage private sector investment in certain types of new or expanded Alberta-based petrochemical manufacturing facilities to produce value-added, petrochemical, hydrogen, fertilizer and fuel products.

Eligible Applicants

The full eligibility criteria are available in the Program Guideline document. Applicants should always refer to the Program Guideline when making decisions on a project or seeking information on the program.

Project Eligibility: Eligible projects must meet these criteria, as well as those outlined in the Program Guideline:

  • The project must be physically located in Alberta.
  • The capital investment must be at least (CAD) $50 million.
  • The facility must use natural gas, natural gas liquids, or petrochemical intermediaries such as ethylene, propylene, benzene etc. in the manufacturing of its own products.
  • The project must create permanent jobs in Alberta.

Both new facilities, as well as brownfields and expansions on existing facilities, will be eligible for the program.

Eligible Expenses

Not all capital costs associated with a project are eligible for reimbursement as part of the grant process. Costs eligible for reimbursement under APIP are related to manufacturing and processing capital expenditures.

Deadline Date

November 1, 2030

Contact

Contact Name: Alberta Petrochemicals Incentive Program

E-mail Address: energy.apip@gov.ab.ca

Website: https://www.alberta.ca/alberta-petrochemicals-incentive-program.aspx

Industry: Energy & Environment, Location: Alberta ,
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