OTCPK:ICPVF - Post by User
Comment by
mrbbon Feb 04, 2019 4:29pm
177 Views
Post# 29317157
RE:RE:RE:Pembina announces polypropylene plant.IPL ahead of the curve
RE:RE:RE:Pembina announces polypropylene plant.IPL ahead of the curveMOJOJONO wrote:
competition, but IPL is way way ahead of PPL. As well one might be able to say demand for product is there, enough for ppl to attempt their own plant.
IPL is ~ 2 years ahead and about $1 billion cheaper. IPL spend $3.5 billion for 525,000 tonnes per year. PPL spends $2.5 billion to get 1/2 of 550,000 tonne/year. This is 36% more capital per tonne of output than IPL. "Pembina's net investment of $2.5 billion represents a 50 per cent interest in CKPC, which will own the PDH and PP plants, and a 100 per cent directly-owned interest in the supporting facilities under an agreement between Pembina and CKPC whereby Pembina will own the facilities and provide services under a long-term, take-or-pay"arrangement. "Included in this estimate is $4 billion (gross) for the PDH and PP plants and $500 million for certain supporting facilities. The PDH/PP facility is expected to be in-service in mid-2023,