The Plus is the process of adding value–of getting more out of our abundant energy resources. It is about turning those resources into products that generate opportunities, jobs and revenue in Alberta and across Canada.
The Plus builds on an established industry sector with the tremendous potential. Alberta is Canada’s leading petrochemical producer, with four ethane-cracking plants, including two of the world’s largest, capable of producing nine billion pounds of ethylene a year. And Alberta’s Industrial Heartland is Canada’s largest hydrocarbon processing region, with more than 40 companies that produce fertilizers, energy, petrochemicals and other products for local, national and global customers. Statistics Canada reports, on average, Alberta ships some $12.8 billion of chemicals and chemical products every year.
Further investment in the petrochemical industry will generate significant economic activity.