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Alberta Petrochemical Incentive Program

CLOSING DATE NOVEMBER 1, 2025 & NOVEMBER 1, 2030

The Alberta Petrochemicals Incentive Program (APIP) is intended to grow the province’s petrochemicals sector and is designed to allow projects to compete in an open market and provide potential investors with certainty that projects that progress to the operational stage will be supported by the government. The APIP is administered by the Alberta Department of Energy (“the Department”). It provides financial incentives in the form of grants to encourage private sector investment in certain types of new or expanded Alberta-based petrochemical manufacturing facilities to produce value-added, petrochemical, hydrogen, fertilizer and fuel products.

The program will be open to receive applications from proposed projects for either five years or ten years from the launch of the program, depending on the size of the project’s capital investment. Projects with a capital investment of between $50 million to $150 million will have until November 1, 2025, to apply to the program and projects with a capital investment of more than $150 million will have until November 1, 2030, to apply to the program.

Please contact Crimson if you would like further information regarding this Program.