Heartland Petrochemical Complex

Brookfield Infrastructure Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.

Key Points: 
  • Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.
  • The transport segment generated FFO of $205 million for the quarter, with organic growth of 7% compared to the same period last year.
  • Brookfield Infrastructure invested approximately $1.2 billion for a 28% interest, funded primarily using new BIPC shares as transaction consideration.
  • Investors, analysts and other interested parties can access Brookfield Infrastructure’s Third Quarter 2023 Results, as well as Letter to Unitholders and Supplemental Information, under the Investor Relations section at https://bip.brookfield.com .

Invest Alberta’s Annual Report Shows Global Engagement Leads to Local Prosperity

Retrieved on: 
Monday, August 21, 2023

Invest Alberta’s success promoting Alberta on a global stage is driving tangible results for Alberta’s economic growth and diversification.

Key Points: 
  • Invest Alberta’s success promoting Alberta on a global stage is driving tangible results for Alberta’s economic growth and diversification.
  • With teams strategically located in Alberta and in offices around the world, Invest Alberta supported twice as many companies in 2022-23 than during the previous year.
  • Communities across the province welcomed a variety of new businesses, expansions, and job opportunities.
  • By providing tailored supports to companies, Invest Alberta helps facilitate investment opportunities and position Alberta as a globally competitive investment destination.

Brookfield Infrastructure Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.

Key Points: 
  • Current quarter results benefited from the expansion of our residential decarbonization infrastructure platform in North America and Europe, following the acquisition of HomeServe in January 2023.
  • FFO for the transport segment was $199 million for the quarter, an increase of 5% from the prior year excluding our U.S. container terminal that was divested in the second quarter of 2022.
  • Looking ahead, HPC is anticipated to partially contribute to results in the third quarter, while the fourth quarter is expected to provide full run-rate contribution.
  • Investors, analysts and other interested parties can access Brookfield Infrastructure’s Second Quarter 2023 Results, as well as Letter to Unitholders and Supplemental Information, at https://bip.brookfield.com .

Canada deepening its collaboration with global leader Rio Tinto to produce the world's greenest aluminum

Retrieved on: 
Monday, June 12, 2023

To cement its position as a leader in the production of green aluminum, Rio Tinto will invest Can$1.4 billion to expand its state-of-the-art aluminum smelter equipped with the company's low-carbon emission AP60 electrolysis technology at the Complexe Jonquière, in Saguenay.

Key Points: 
  • To cement its position as a leader in the production of green aluminum, Rio Tinto will invest Can$1.4 billion to expand its state-of-the-art aluminum smelter equipped with the company's low-carbon emission AP60 electrolysis technology at the Complexe Jonquière, in Saguenay.
  • Through strategic partnerships with industry leaders like Rio Tinto, Canada is establishing itself as the green supplier of choice for sustainably produced aluminum and critical minerals.
  • And that is why our government is collaborating with key industry actors like Rio Tinto to produce the world's greenest aluminum.
  • The Government of Canada has provided funding to ELYSIS Limited Partnership, a joint-venture technology partnership between Rio Tinto and Alcoa, to produce the world's first true net-zero aluminum smelting technology.

2023 SPE International Polyolefins Conference Announces Program and Plenary Speakers

Retrieved on: 
Tuesday, February 28, 2023

HOUSTON, Feb. 28, 2023 /PRNewswire-PRWeb/ -- The 2023 SPE International Polyolefins Conference, the largest polymer conference in the world dedicated to Polyolefins, will be a Hybrid Conference (both in-person and virtual) on March 5-8, 2023. The in-person Conference will be held in the picturesque Galveston Convention Center in Galveston, TX over looking the beach. There will be over 100 presentations, a Sunday afternoon tutorial, 56 Exhibitor booths, 14 Sponsors, over 1,000 people expected to attend, two Networking Socials, and a Student Poster Competition.

Key Points: 
  • The 2023 SPE International Conference (March 5-8), the largest polymer conference in the world dedicated to Polyolefins, announces their program with over 100 speakers.
  • HOUSTON, Feb. 28, 2023 /PRNewswire-PRWeb/ -- The 2023 SPE International Polyolefins Conference, the largest polymer conference in the world dedicated to Polyolefins, will be a Hybrid Conference (both in-person and virtual) on March 5-8, 2023.
  • The in-person Conference will be held in the picturesque Galveston Convention Center in Galveston, TX over looking the beach.
  • The purpose of the conference is for companies to meet with their customers and suppliers, to learn about new technology/market trends, and to network.

Collaboration on planned world-scale blue ammonia and blue methanol facilities showcase Alberta’s leadership in cleantech and emissions reduction

Retrieved on: 
Tuesday, May 24, 2022

The proposed facilities would help reduce global emissions and further Albertas energy sector decarbonization efforts through the production of thousands of metric tonnes per day of blue ammonia and blue methanol.

Key Points: 
  • The proposed facilities would help reduce global emissions and further Albertas energy sector decarbonization efforts through the production of thousands of metric tonnes per day of blue ammonia and blue methanol.
  • Invest Alberta will work with the companies to connect them to government departments, relevant stakeholders, funds and accelerators, and assist with navigating Albertas regulatory framework.
  • The facilities join the growing list of planned hydrogen projects in Alberta, including investments from Northern Petrochemical Corporation, Air Products and more.
  • Todays announcement is another example of Albertas growth in cleantech as international investors continue to make Alberta a destination of choice for new energy projects.

Brookfield Infrastructure Closes Strategic Acquisition of Inter Pipeline

Retrieved on: 
Thursday, October 28, 2021

BROOKFIELD, NEWS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, "Brookfield Infrastructure") and Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) are pleased to announce the successful completion of Brookfield Infrastructure's strategic acquisition of Inter Pipeline pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").

Key Points: 
  • BROOKFIELD, NEWS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, "Brookfield Infrastructure") and Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) are pleased to announce the successful completion of Brookfield Infrastructure's strategic acquisition of Inter Pipeline pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").
  • Brookfield Infrastructure will file an early warning report, pursuant to National Instrument 62103, in respect of its acquisition of Inter Pipeline Shares.
  • Following the closing of the Arrangement and the delisting of the Inter Pipeline Shares from the TSX, it is expected that Inter Pipeline and Bison Acquisition Corp. (the "Purchaser") will amalgamate to form "Inter Pipeline Ltd." ("Amalco").
  • Brookfield Infrastructure Partners is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over US$625 billion of assets under management.

New Honeywell Software-as-a-Service Offering Supports Deskless Workers With Better Productivity And Remote Assistance

Retrieved on: 
Tuesday, September 28, 2021

Honeywell Forge Worker Assist provides a collaborative environment for deskless workers to interact with remote peers and experts as they perform activities in the field.

Key Points: 
  • Honeywell Forge Worker Assist provides a collaborative environment for deskless workers to interact with remote peers and experts as they perform activities in the field.
  • Honeywell Forge Worker Assist bridges the communication gap between Braskem Idesa's operational and field teams, allowing them to interact and share information.
  • It also enables frontline workers to receive assistance from remote colleagues to learn on the go as they perform their daily tasks.
  • "Using Honeywell Forge Worker Assist as a communications channel between field personnel and control rooms enables collaboration between deskless workers and remote experts to improve overall productivity," said Anand Vishnubhotla, chief product officer, Honeywell Connected Industrial.

Inter Pipeline and Brookfield Infrastructure Provide Update on Strategic Transaction and Executive Transition Plan

Retrieved on: 
Thursday, September 23, 2021

The Circular has been filed on Inter Pipeline's profile on SEDAR at www.sedar.com and is available on Inter Pipeline's website at www.interpipeline.com.

Key Points: 
  • The Circular has been filed on Inter Pipeline's profile on SEDAR at www.sedar.com and is available on Inter Pipeline's website at www.interpipeline.com.
  • Brookfield Infrastructure may vote the Common Shares acquired by it under its takeover bid of Inter Pipeline, which was completed on September 3, 2021, as part of the "minority" approval.
  • Mr. Bayle will also resign from the Board of Directors (the "Board") of Inter Pipeline effective the same day.
  • As part of the Executive Transition Plan, effective September 21, 2021, Mr. Hawksworth was appointed Deputy Chief Financial Officer of Inter Pipeline.

Brookfield Infrastructure and Inter Pipeline Announce Subsequent Acquisition Transaction and Completion of Offer

Retrieved on: 
Saturday, September 4, 2021

BROOKFIELD, NEWS, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”) and Inter Pipeline (TSX:IPL) are pleased to announce the expiry of the Offer. Since the initial expiry time of the Offer, Brookfield Infrastructure has taken-up an incremental 33,087,736 Inter Pipeline common shares tendered under the Offer during the mandatory extension period. Upon payment for such Inter Pipeline common shares, Brookfield Infrastructure will increase its ownership of Inter Pipeline to 76.4%.

Key Points: 
  • Brookfield Infrastructure and Inter Pipeline Ltd. (Inter Pipeline) are pleased to announce that they have entered into an arrangement agreement regarding a statutory plan of arrangement, under which Brookfield Infrastructure will acquire all remaining Inter Pipeline common shares (the Subsequent Acquisition Transaction)
    Brookfield Infrastructure also announces the expiry of its take-over bid dated February 22, 2021 (as amended, the Offer) to acquire all of the common shares of Inter Pipeline not owned by Brookfield Infrastructure
    Upon payment for the Inter Pipeline common shares tendered under the Offer, Brookfield Infrastructure will own 76.4% of Inter Pipelines common shares
    BROOKFIELD, NEWS, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, Brookfield Infrastructure) and Inter Pipeline (TSX:IPL) are pleased to announce the expiry of the Offer.
  • Upon payment for such Inter Pipeline common shares, Brookfield Infrastructure will increase its ownership of Inter Pipeline to 76.4%.
  • The Arrangement constitutes the Subsequent Acquisition Transaction contemplated in the Offer, by which Brookfield Infrastructure will acquire ownership of 100% of the Inter Pipeline common shares.
  • Following completion of the Subsequent Acquisition Transaction, Brookfield Infrastructure will seek to delist the Inter Pipeline common shares from trading on the Toronto Stock Exchange.