• AutoTL;DR@lemmings.worldB
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    7 months ago

    This is the best summary I could come up with:


    The project will produce and supply approximately three million tonnes of low- to zero-carbon emissions polyethylene and ethylene derivatives for customers around the globe, according to Dow.

    The Alberta Petrochemicals Incentive Program (APIP) will contribute approximately $1.8 billion dollars to the project.

    The U.S.-based company said it chose Alberta for the project because it offers cost-competitive natural gas as well as cost advantage ethane, a key feedstock for ethylene production.

    “The region also features access to existing CO2 transportation and storage infrastructure with the available capacity to fully support the decarbonization of this project,” Fittering said.

    Manufacturers use those pellets to make products like face cream bottles, yogurt tubs and the plastic used to wrap cheese or lunch meat.

    Investments by third parties that will provide services and support to the project will bring another $2.7 billion as it comes to fruition, says Dow.


    The original article contains 361 words, the summary contains 141 words. Saved 61%. I’m a bot and I’m open source!