April 24, 2025, 3:22 pm
Dow has postponed its $9-billion net-zero petrochemical project in Alberta’s Industrial Heartland due to challenging market conditions. The delay highlights the uncertainties in funding and executing large-scale green initiatives amid an unpredictable economic landscape.
During a call with analysts on Thursday, Dow CEO Jim Fitterling pointed to 'volatile macroeconomic conditions' affecting global demand for petrochemical products
Amid global economic uncertainty and an ever-changing geopolitical landscape, Dow's Q1 earnings report signals a slowdown in spending.
Dow Chemical has paused work on its $11.6-billion net-zero petrochemical project northeast of Edmonton due to economic and geopolitical volatility.
Construction of a multi-billion dollar net-zero petrochemical project near Edmonton will be delayed until market conditions improve, says company CEO Jim Fitterling.
permalink / 5 stories from 5 sources in 6 hours ago #environment #energy #albert #edmonton #industry #business #oilsands #construction #economy #finance #tariffs #columnists
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