Dow's existing Fort Saskatchewan site employs approximately 1,200 people. The company says the new facility could be fully operational by 2030.

A month after a judge awarded over $1 billion in damages to Dow Chemical Canada ULC over a dispute with Nova Chemicals Corporation regarding an Alberta ethylene plant, Nova has filed a notice of appeal as it looks to have the ruling overturned.

A corporate battle between two chemical giants that co-own an Alberta production facility considered one of the largest of its kind, has resulted in one of the owners being ordered to pay the other over a billion dollars for breach of contract.