Canada’s Inter Pipeline on May 7 announced that the projected cost for its Heartland Petrochemical Complex (HPC) rose 14% due to revised design and construction delays related to the COVID-19 pandemic. The project that will convert propane into propylene and then into polypropylene (PP) was initially pegged at C$3.5 billion ($2.49 billion), but it now increases to C$4 billion ($2.85 billion).
The project is designed to produce up to 525,000 tons/year of PP by using 22,000 bpd of propane. The project’s original startup date was before the end of 2021, but it is now shifted to early 2022. Inter Pipeline has so far reported no COVID-19 cases at HPC, but it reduces workers in the project as a precautionary measure which impacted near-term planned productivity.
