August 27, 2024

News

Long Term Agreement between Linde and Dow is a Landmark Win for an Invest Alberta Client

Statement issued by Rick Christiaanse, Invest Alberta CEO

We are thrilled to celebrate today’s announcement from Linde of their long-term agreement for the supply of hydrogen, nitrogen, and additional services to Dow’s net-zero carbon emissions Path2Zero Project in Fort Saskatchewan, Alberta.

Linde’s agreement with Dow signals to global investors that Alberta is an ideal place to invest and expand leading edge net-zero projects. The continued development of this project will bolster the sector with sustainable benefits to Alberta’s economy long term.

Invest Alberta applauds the finalization of this agreement that was supported by our team over many months of discussions with Linde. This agreement represents a $2 billion investment, and a boost to job numbers in the Fort Saskatchewan region.

Congratulations to Linde, in partnership with Dow, on achieving their largest investment globally. The support of the Alberta Government has also been instrumental in making this investment a reality.

We look forward to supporting the continuation of this world-leading project in partnership with Linde, as they embark on this first phase of the project and beyond.

For more details about the investment, please see Linde’s news release.

About Invest Alberta

Invest Alberta attracts high-impact, high-value investments into Alberta, Canada by providing best-in-class concierge services for investors and companies. With investment advisors strategically positioned in key markets around the world, Invest Alberta works to remove barriers for businesses to start, scale, and succeed. Since 2020, Invest Alberta has supported the commitment of approximately $20 billion in investment and more than 26,000 new jobs for Albertans. For more information, visit investalberta.ca

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