Winnipeg Free Press

Winnipeg Free Press (Newspaper) - March 12, 1977, Winnipeg, Manitoba Winnipeg free press saturday March 12, 1977 15 preliminary approval for million Plant Calgary up Preli Minary approval for the construction of a petrochemical Plant in Al Berta was granted Here by the provincial Energy re sources conservation Board. At the same time the Board decided to hold in abeyance a second application for another Plant arguing that Alberta has enough natural resources to Supply Only one Plant. A consortium comprised of the Alberta Energy company Hudson Bay Oil and Gas Ltd., Mitsubishi petrochemical co. Ltd., and Mitsubishi corp. Was Given an Industrial development permit to build the Plant near fort Saskatchewan about 20 Miles Northeast of Edmonton. The Alberta Energy com Pany is 50-per-cent owned by the Alberta government and has More than private shareholders in the province. Final approval of the proposal must be made by the Cabinet. The consortium called petrochemicals Alberta project Hopes to build the Plant near fort Saskatchewan but the Cabinet could insist it be built else where. Cabinet approval would give Peralta the right to use 17.2 million barrels of pent Tantes plus a year Over a 20 year period in the production of benzene and other byproducts for use in Canada and the United states. Pen Tantes plus Are liquid derivatives of natural Gas and Are produced largely in the Edmonton area. Benzene is used in the production of plastics Nylon fibres deter gents adhesives used in ply Wood production and other petrochemical products. Port future called Bright Montreal up the immediate future of the port of Montreal remains Bright despite a recent threat by a major shipping concern to Transfer the bulk of its opera Tion in hams says Arnold masters president of the maritime employers association cast North America has announced it will take Steps to route about two thirds of its business through Halifax following a dispute Over pay ments to the Mea s Job Security fund. But masters played Down suggestions that a move by for be tween 20 and 45 per cent of the Container traffic in the port depending on the create major layoffs among the workforce. He also denied such a move would put a further Strain on the Job Security fund which already has a deficit. One Hundred per cent of the people who Are doing business with you when you move to another port Don t go with the Mea president said in a Telephone added that some cast clients will balk at paying higher rail costs to import or Export through Halifax. The Mea is an employer group which represents snip Ping and Steve doring companies at seven Eastern ports including Halifax and St. John . A similar proposal by a consortium consisting of Al Berta Gas trunk line Ltd., Dow chemical of Canada Ltd., and Alberta Gas chemicals Ltd. Sought permission for a Plant in the same area. The Board said Alberta cannot produce enough pen Tanes plus to feed two Ben Zene plants and concluded that Canadian american and japanese markets could absorb petrochemical products from Only one of the plants. Although the Board Deci Sion said there is very Little to choose Between the two plants it decided to favor the Peralta project for two Rea sons. It said the Peralta proposal provides greater Opportunity for equity participation by albertan. In addition the project will produce liquid naphtha and other products capable of Quick upgrading while the other proposal would have to be modified and might suffer economically. The Board estimated the total direct and indirect financial Impact on the pro Vince will be More than billion in the Peralta proposal while the second project would be about million less. Ran Miff real estate us Apt Usa gon Piny Small real estate and appraisal company located in Centre of City for Sale. . And multiple listing service. Phone 942-o481 Royal Trust Ian l. Jessiman member of the bars of Manitoba and British announces the opening of his Law offices i Jessiman company 1 1063 Sherwin Road Winnipeg Canada r3h ot8 i Telephone 204 633-6195 mortgage funds available first second or Bridge financing mortgages for Industrial office and residential development. One to five year term. Amounts of and up. In new Runoal iwis10k i. 801-211 Portage Avanna Winnipeg Manitoba. Call 942-3141 it tests Hil film top tar or Par. Or 267 space for lease it Inkster Park St. James 2500 to 12.sooea.fi. Wyett Reed at eter unto 700 to . 1mo Church ave. A. It. In dude 6000 a. It office Airport. 1040 . And17aoeg.fi. St Jabasa at near Pete Peru 227s a. It. Airport real 5000 so. It. Law review realty Ltd. 947-1281 for Sale Miv. For information Cam Kan Chat Maca or avg. 260-6101 Saan stores Ltd. Appointment Ashok Aggarwal . A. Or. Samuel n Cohen. President. Saan stows Ltd. Is pleased to announce the appointment of or. Ashok Aggarwal. As controller of the company. Or. Aggarwal has held several positions of responsibility within the company. L i Mac Claydon bearing Supply appointments Many. St my Asaadi m to Croydon Lor of for Ai your Neal Mart Moc Tihoni Stltt Udomo f9ss to 1974 plod by Camdton i company at and platen m Juna a Ftp of Aca hartal and company. Data Proca Eena. A Tom m. R Fqy in for i or. O. K. Mcleod. Bati Foa. To my Vitina it vice my or. J. M Fri Aaan. Fra Poa. La Daw position of vice and Amariel m Tarric i maj if f i w1v_m of it Ridant and actuary. Thana naw my actuary. From january 1, joined Cut in Nihim or. Mcleod Ham Baan cd. Tor i i dial loto Canada appointments the following appointments to the Board of directors of loto Canada inc. Have been announced. Or. Fatow. Of Edmon Loe. Al of at rear. Quebec wee appointed Greet Quebec a via Deal of loto Canada in Preau extend meet roof Prev or. Fatow fou Mavly a Fumii of pm a Bee been a member Etma Federal pub dec Santee Amoe Baa poem on or. Lester of Prince Rupert. Mrs. T a of com Lumaad end pm tar Merty e exec Poreca. He is iams 2om of All Tea Turt try s year of Aenese is mayor of the me of tie t a Dow Vav a and Csaji Nayip. Cd Stoart w Ejmi of comm Iowa id a Anaam de hmm aft a i Cay Art. Of Yav Aarav Etao been e governor of Ceneda he Camisee m 1844 and a mrw from of flaw of War wave Anam a meter Elionel Zavak strip on a Regp Onel Anta Cutna in Jan finlly or gear. Cancer for Hemmo my and me ;