February 2018 Petrochemical Development in Alberta - Developing New Demand for Propane Kevin Jagger, Market Development at Pembina Pipeline Corporation In May 2017 Pembina Pipeline announced that it, along with Petrochemical Industries Company of Kuwait, had reached key milestones for the proposed integrated propylene and polypropylene production facility. Pembina and PIC have executed 50/50 joint venture agreements and have formed a new entity, Canada Kuwait Petrochemical Corporation. Currently CKPC is proceeding with activities for front end engineering design. This world-scale combined propane dehydrogenation and polypropylene upgrading facility represents an opportunity to develop crucial new market demand for propane in Alberta. Join us for a presentation by Kevin Jagger, Manager, Market Development at Pembina Pipeline Corporation. Kevin is Manager of Market Development for Pembina Pipeline Corporation and has been focused on finding new markets for Pembina’s vast propane supplies originating out of its Redwater Fractionation & Storage complex in Sturgeon County, Alberta. Wearing two hats, he is also Commercial Manager of Canada Kuwait Petrochemical Corporation, Pembina's joint venture with Kuwait's Petrochemical Industries Company to develop a world-scale PDH and PP complex in Alberta. The project, a recipient of $300 million in royalty credits from the Alberta Government, is currently in the FEED stage and progressing towards an FID in early 2019. A former investment banker with Citi, Kevin has a Bachelor of Commerce from McGill University and in 2017 was named a Rising Star by Oilweek Magazine. |