Grants and Contributions:
Title:
811142
Agreement Number:
811142
Agreement Value:
$49,000,000.00
Agreement Date:
Apr 1, 2018 - Mar 31, 2024
Description:
CKPC will take abundant Canadian propane and increase its value through the production of highly recyclable polypropylene. By reducing current transportation of propane to current offshore markets and then returning to Canada as end use products, approximately 180,000 tonnes of carbon dioxide emissions will be reduced per year.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
The company had planned to take Canadian propane and increase its value through the production of highly recyclable polypropylene.
Location:
Calgary, Alberta, CA T2P1G1
Reference Number:
033-2019-2020-Q1-811142
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
707531893
Recipient Type:
For-profit organization
Additional Information:
The contribution agreement was terminated upon request by the client. No funds have been disbursed to the project.
Amendment Date
Jan 16, 2023
Recipient's Operating Name:
Canada Kuwait Petrochemical Corporation
Recipient's Legal Name:
Canada Kuwait Petrochemical Corporation
Federal Riding Name:
Sturgeon River--Parkland
Federal Riding Number:
48033
Program:
SIF Stream3- Attraction
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
211110
Amendments: