Published on October 26, 2017
A new petrochemical plant has been announced by Canada Kuwait Petrochemical in Sturgeon County. The project will incur a investment of 3.8 billion dollar to 4.2 billion dollar. It will further strengthen country’s economy. In December Canada Kuwait Petrochemical Corporation received a conditional royalty credit of $300 million from Alberta Energy to go towards the project. Sturgeon County also signed a Municipal Improvement Agreement with the company.
