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Posted in Fort Saskatchewan, Fort Saskatchewan Real Estate
New property listed in Fort Saskatchewan, Fort Saskatchewan

I have listed a new property at 43 WESTWOOD WAY in Fort Saskatchewan. See details here

Fully finished 1410 sq ft bi-level in the heart of Westpark. Popular floor plan. Front dining/den with hardwood flooring. Family friendly kitchen with island, over looking sitting area. Corner pantry. All appliances included. Patio doors leads to deck and landscaped backyard. Sitting area has vaulted ceilings and stylish gas fireplace. Massive master bedroom with walk in closet, 3 piece ensuite. Cozy sitting area for your quite time. Nice size 2nd bedroom on the main floor. Basement is fully finished. Large rec room 2nd corner gas fireplace. Large 3rd bedroom and 4 piece bath. Home has central air conditioning and central vac. Attached oversized double car garage. 2020 new 50 yr rubber roof shingles, high efficiency furnace and Air conditioner. Priced to sell. Welcome to your new Home.

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Posted in Fort Saskatchewan, Fort Saskatchewan Real Estate
New property listed in Fort Saskatchewan, Fort Saskatchewan

I have listed a new property at 70 Wynn RD in Fort Saskatchewan. See details here

WALK OUT BASEMENT - MOVE IN READY New 1935 sq. ft. 2 storey, boasting spacious - open front foyer. Rear mud room with shelves, benches, shoe racks and closets. Walk through pantry to kitchen with family functional island. Large dinette with coffered ceiling that is open to great room with 17’ ceiling. Open stair case leads to upper level bonus room with coffered ceiling. 3 bedrooms. Master bedroom has coffered ceiling with 5 piece ensuite with corner jet tub, 2 sinks, double shower and has a unique walk through closet to upper level laundry. Comes 10’ x 26’ rear deck and 22’ x 24’ garage with floor drain. West facing back yard. Walking distance to our treasured river valley trail system, ball park, play ground and dog park. Property comes w/ stainless steel appliances w/ white washer and dryer. For More information visit the Showhome at 558 Meadowview Drive

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Dow to invest $8.8 billion in Alberta net-zero petrochemical project

 


The project in Fort Saskatchewan is expected to create up to 8,000 jobs during the peak of construction, and 400 to 500 full-time positions

It’s taken some time to cross the finish line, but an $8.8-billion petrochemical megaproject in Alberta is about to move ahead, the first of what could be several major decarbonization developments that tap into federal and provincial incentive programs.

Michigan-based Dow Inc. said Tuesday it has given the green light to what it calls the world’s first net-zero integrated ethylene cracker and derivatives complex, to be built in Fort Saskatchewan near Edmonton.

The company, which first proposed the project in the fall of 2021, said its board of directors made a positive final investment decision (FID) on the US$6.5-billion development — a price tag that doesn’t include incentives from the provincial and federal government.

 “It’s huge. It’s a great thing for Alberta, first and foremost, that it was selected over various other locations that Dow could build this facility at,” said Bill Rawlusyk, executive director of North American NGL markets with S&P Global Commodity Insights in Calgary.

 “It’s great to have this kind of investment and a lot of parties really worked together to make this FID decision a reality . . . In terms of scale, it’s extremely large and definitely world scale.”

 A news conference on the announcement is expected Wednesday, including Dow CEO Jim Fitterling, Premier Danielle Smith and Deputy Prime Minister Chrystia Freeland.

 Company officials did not return calls Tuesday.

 “The project serves as a leading example that industrial decarbonization is both possible and profitable,” Fitterling said Tuesday in a news release.

Construction on the development, which will triple Dow’s ethylene and polyethylene capacity at its existing petrochemical complex in Fort Saskatchewan, is expected to start next year, with the development built in phases.

 The project will create up to 8,000 jobs during the peak of construction, and 400 to 500 full-time positions once it’s operating, according to its website.

 It will include building a new ethylene cracker, and boosting its polyethylene production capacity by two million tonnes per annum.

The company said the extra capacity will let it capture high-value markets, including plastic packaging, infrastructure and hygiene items.

 Dow says the project will convert the site’s cracker off-gas into hydrogen, used as a clean fuel in the ethylene production process. In addition, carbon dioxide emissions will be captured, transported and stored off-site.

 The project will decarbonize about 20 per cent of its global ethylene capacity, while boosting its global polyethylene supply by 15 per cent.

 The first phase is expected to begin operating in 2027, with a second phase coming online two years later.

Dow specifically cited “the Canadian and Alberta advantage” among the reasons that it will invest in the region.

 Western Canada has large volumes of cheap natural gas feedstock, as well as cost-advantaged ethane.

 The facility is expected to be one of Dow’s most cost-competitive in the world once it’s fully operational, the company stated in the release.

 “The region also features access to existing CO2 transportation and storage infrastructure with available capacity to fully support decarbonization of the project,” it said

Several large petrochemical, oil and gas, cement and power-generation projects have been proposed in Alberta over the past three years, as companies and the federal and provincial governments strive to reach net-zero emissions by 2050.

 However, many have been waiting for the federal and provincial governments to unveil incentive programs to decarbonize, something that has happened in recent days — and could lead to more projects proceeding.

“This project will spur future investments in Alberta that will help turn the Alberta Industrial Heartland into a globally important industrial ecosystem,” said Energy Minister Brian Jean.

 Ottawa announced last week it will finally introduce legislation on its investment tax credits for carbon capture, utilization and storage (CCUS) projects, worth up to 50 per cent of eligible capital expenses on equipment.

 (The province confirmed Tuesday it will offer 12 per cent grants on new CCUS developments.)

 Under the provincial government’s existing Alberta Petrochemicals Incentive Program (APIP), proponents already receive grants worth 12 per cent of a project’s eligible capital costs, once the development is operating.

 It’s expected the province’s contribution to the Dow project will exceed $1.1 billion.

 Dow noted its Fort Saskatchewan project will be the first initiative to access the federal government’s new investment tax credit program, while it also credited the provincial government and Fort Saskatchewan for providing incentives.

 “Our view on the Alberta project is we’re working in an environment that’s supportive of decarbonization. There’s a price on carbon in Canada. There’s existing carbon capture infrastructure,” Fitterling told analysts during a recent earnings call.

“And there’s obviously some investment credits for the hydrogen portion of the project. And so those are all positive.”

 He said peak construction will take place between 2025 and 2026.

 Shruthi Vangipuram, a senior research analyst with energy consultancy Wood Mackenzie, noted the demand for ethylene and polyethylene is expected to remain robust in the medium to long term.

 The Alberta site provides Dow with access to cheap natural gas, and ethane supply in the region is projected to grow by more than 30 per cent over the next decade, according to Wood Mackenzie estimates.

 The facility will also use Dow’s existing site infrastructure, while incentives are being provided by Alberta.

 “Starting up a net-zero . . . cracker and derivatives complex seals Dow’s position as a global leader in the race to decarbonize plastics production,” Vangipuram said in an email.

 The idea of attracting major investment in Alberta for a new ethane cracker, which converts raw ethane into ethylene — used as an input in plastic manufacturing — has been eyed by the provincial government for years.

 “There’s a lot of trades, there’s a lot of workforce that will be very happy to be working on this project,” Rawlusyk added.

 “The fact both levels of government were willing to participate and invest in this — and helped Dow get across the finish line — without them, I don’t think this would be built.”


Chris Varcoe is a Calgary Herald columnist.

Chris Varcoe  •  Calgary Herald

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Posted in Fort Saskatchewan, Fort Saskatchewan Real Estate
New property listed in Fort Saskatchewan, Fort Saskatchewan

I have listed a new property at 313 9926 100 AVE in Fort Saskatchewan. See details here

These desirable Valley Ridge homes just don’t come up for sale very often. Located in our scenic river valley, adjacent to our city wide walking trial systems. Walking distance to down town shopping, grocery stores, farmers market, festival parks, banks, public transportation and historical sites. Breathtaking river Vally views from all rooms and private balcony. North facing unit lets in an abundance of natural light. Rich oak galley style kitchen with sunshine ceiling and pass through too large dinette adjoining large living room. There is one bedroom and additional den - or optional spare bedroom. Four piece bath. In suite laundry with extra storage washer and dryer and freezer. Balcony has gas bbq hook up. Building offers heated underground parking, including a caged storage area. Also offers social rooms, a car wash, wood working room, elevator, guest suite, and much more. This well kept home is a secure building with 50+ age restrictions, ideal for adult living in the heart of Fort Saskatchewan.

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Posted in Fort Saskatchewan, Fort Saskatchewan Real Estate
New property listed in Fort Saskatchewan, Fort Saskatchewan

I have listed a new property at 113 Starling WAY in Fort Saskatchewan. See details here

WALK OUT BASEMENT The Westchester by Super Homes is a modern 1284 square foot bungalow. Open floor plan with front to back vaulted ceiling in Great room Also with stone surround floor to ceiling feature wall gas fireplace. Gourmet kitchen with functional island, corner pantry. Main floor laundry. Two bedrooms or one bedroom and den. Two baths. Master bedroom walk in closet and four piece ensuite with full tile surround double shower with seat. All counter tops are granite. Vinyl plank and ceramic tile flooring. 9' walls main floor and basement with vaulted great room. 21’ x 25’ oversized double garage. Full with of home rear deck. Comes with appliances For Additional Information visit the Super Homes showhome @ 554 Meadowview Drive, Fort Saskatchewan. Basement could be finished with two bedrooms four piece bath and family room add $69,828.00

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Posted in St. Albert, St. Albert Real Estate
New property listed in St. Albert, St. Albert

I have listed a new property at 712 200 BELLEROSE DR in St. Albert. See details here

Welcome to Botanica, a luxurious complex located along Sturgeon River. 2 Bedroom 2 bath. 1047 sq ft boasting 9’ ceiling. Engr. hardwood floors throughout. Beautiful kitchen has plenty of cabinets, upgraded pantry with pull out shelves, under cabinet lighting, island, quartz countertops & eating bar. Bosh appliances included! B/I oven, D/W & microwave. Dining area overlooking living room with tiled electric fireplace. Plenty of windows for natural light. Garden door to private covered balcony, retractable screen & BBQ gas line. Primary bdrm suite with large walkthrough closet with organizers, spacious 5 pc bath. Double sinks, oversized dble shower & deep soaker tub. Heated ensuite floor. 2nd bdrm. Main bath with quartz & large double shower. Insuite laundry with stacked Whirlpool washer & dryer. Central A/C. Titled heated underground parking & storage in front. Titled 2nd storage close to entrance. Building has fitness center, rooftop terrace, social room. Close to golf, parks & shopping. Secure building.

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Posted in Bruderheim, Bruderheim Real Estate
New property listed in Bruderheim, Bruderheim

I have listed a new property at 4904 51 ST in Bruderheim. See details here

Is your family looking for a Home. Come out to Bruderheim for this affordable 1096 square foot bungalow home. Numerous upgrades on the upper level. Newer flooring throughout with modern colours. Beautiful spacious kitchen with new 2 tone cabinets, granite counter tops, stylish back splash and modern lighting. Three bedrooms on the upper level. Large master bedroom with plenty of closet space. Main bathroom has also been renovated! This home is a must to see. Basement is almost complete. 2 Extra large bedrooms with walk-in closets each. Bathroom is roughed in. Large rec. room for your family time. Now the garage! Just built in 2018, 24' x 26'. The location is very desirable, corner lot with back alley access. Huge yard 60' x 120' right next to kids play ground. Private location. Welcome to your new Family Home.

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Posted in Zone 02, Edmonton Real Estate
New property listed in Zone 02, Edmonton

I have listed a new property at 15023 95 ST in Edmonton. See details here

This family homes will be found in this well established neighborhood in Evansdale. All amenities nearby with shopping, schools and playgrounds. Large yard even with dad's 24'x26' heated insulated garage & RV parking. Back alley access and fully fenced. Once entering into this home you will find a nice spacious living room with an over abundance of natural light. Dining area adjacent to the kitchen. Loads of cabinet & counter space for mom. All appliances included. Double door garden doors leads to rear deck with gas line for BBQ. Also a concert lower pad. 2 bedrooms on the main floor. 2 bedrooms in the basement, one with 3 pc ensuite. Upgraded main floor bathroom. Family size rec. room in the basement with brick facing wood burning fireplace with gas lighter. Plenty of storage! Great size storage shed in back yard. This home is super clean and very well maintained. Welcome to you NEW HOME!

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