Associate minister Dale Nally would not name the company in talks with the province, but his office confirmed it is not a state-owned entity. He also would not specify where the facility could be built but said it would be worth between $5-billion and $10-billion and would take more than five years to build.
Despite pandemic-fuelled economic uncertainty that has companies across the globe cutting expenses to protect their balance sheets, Mr. Nally said his department has spoken with several international petrochemical producers eyeing Alberta.
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