Grants and Contributions:
Title:
Path 2 Zero Project
Agreement Number:
514896
Agreement Value:
$400,000,000.00
Agreement Date:
Oct 23, 2024 - Sep 30, 2049
Description:
This project will support the decarbonization and expansion of Dow's existing ethane cracker operations, while increasing its production capacity of low-emission plastics.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will increase Dow's production of low-emission polyethylene to capture growing customer demands for high-value markets, while decreasing green house gas emissions and becoming the world’s first net zero, Scope 1 and Scope 2 carbon emissions integrated ethylene cracker.
Location:
Calgary, Alberta, CA T2P1M4
Reference Number:
033-2024-2025-Q3-514896
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
101474419
Recipient Type:
For-profit organization
Additional Information:
This is a conditionally repayable contribution.
Recipient's Operating Name:
Dow Chemical Canada ULC
Recipient's Legal Name:
Dow Chemical Canada ULC
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
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:
339990