Inter Pipeline Ltd., headquartered in Calgary, and the Northern Alberta Institute of Technology (“NAIT“) recently announced a new partnership to research opportunities to reuse and recycle plastic in Canada. The ten-year agreement, known as Plastics Research in Action (“PRIA”), will be funded by a $10 million commitment from Inter Pipeline, which represents the largest applied research partnership in NAIT’s history.
The Calgary-based energy infrastructure company is expanding into the petrochemical business with the construction of its Heartland Petrochemical Complex, slated for completion in late 2021 in Strathcona County. The $3.5-billion complex will produce polypropylene pellets used to manufacture recyclable products including medical equipment and textiles.
The polypropylene manufacturing process at Inter Pipeline’s complex is estimated to generate 65% less greenhouse gas (“GHG”) than the global average, and 35% less GHG than the North American average.
The PRIA partnership will see NAIT researchers and students work with Inter Pipeline on projects to advance the reuse and recycling of plastic in Canada and around the world.
Potential research projects include examining opportunities for plastic to be reused, thus retaining the value of the product, and supporting the ideals of a circular economy. Innovations could potentially help Canadians reuse and re-manufacture materials, create new economic opportunities and benefit our environment. A portion of the applied research funding will also be dedicated to improving sustainable practices at Inter Pipeline’s Heartland Petrochemical Complex.
“Ultimately, I think everyone agrees the end game is preventing plastic waste. That’s why I consider today’s announcement to be a completely necessary and crucial step,” said Chris Bayle, president and CEO of Inter Pipeline at the announcement of the partnership Tuesday in NAIT’s state-of-the-art Productivity and Innovation Centre.
Almost 80% of all post-consumer plastics in Canada currently end up in landfills, he added. “This is the right project being done in the right place at the right time,” said Bayle of the partnership with NAIT. “We recognize fully that sustainability is a critical component of our business.”
“This agreement showcases how NAIT plays a vital role in helping industry to find solutions to the problems they’re facing,” said Dr. Glenn Feltham, NAIT’s president and CEO.
About Inter Pipeline Ltd.
Inter Pipeline is a major petroleum transportation, natural gas liquids processing, and bulk liquid storage business based in Calgary, Alberta, Canada. Inter Pipeline owns and operates energy infrastructure assets in western Canada and Europe. Inter Pipeline is a member of the S&P/TSX 60 Index and its common shares trade on the Toronto Stock Exchange under the symbol IPL. www.interpipeline.com
The Northern Alberta Institute of Technology (NAIT) is a leading Canadian polytechnic, delivering education in science, technology and the environment; business; health and skilled trades.