Twitter headlines« VeraSun Energy to Acquire 330 Million Gallons of Ethanol Capacity; Boosts Production Capacity to One Billion Gallons | Main | Quantum to Supply Transportable Hydrogen Refueling Stations to GM »
NOVA Chemicals Evaluating Ethane from Oil Sands Project
23 July 2007
NOVA Chemicals Corporation has reached an agreement with Williams to evaluate processing current and future off-gas streams from the Alberta oil sands to extract ethane.
Under the terms of a letter of intent, Williams would modify the existing oil sands off-gas liquids fractionation facility near Redwater, Alberta, to enable extraction of ethane and ethylene. This facility would be owned by Williams. NOVA Chemicals would be the exclusive, long-term customer for the project, which is expected to begin operating in stages starting as early as 2010. Williams is currently processing an off-gas liquids stream at Redwater for the production of propylene.
This feedstock would be delivered to NOVA Chemicals’ Joffre, Alberta, manufacturing facility, utilizing the existing Joffre Feedstock Pipeline.
We’re very pleased to be the first petrochemical company to find a potential path to the economic recovery of ethane from the Alberta oil sands, which contain the second largest proven reserves of oil in the world.
—Chris Pappas, COO of NOVA Chemicals
July 23, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)
Comments
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c4fbe53ef00e008ddcd4d8834
Listed below are links to weblogs that reference NOVA Chemicals Evaluating Ethane from Oil Sands Project:
