(Photo Credit: Greenview Industrial Gateway)

By Nathaniel Leigh

MD of Greenview

MD of Greenview enters MOU with Interprovincial Fuel Solutions Ltd for purchase of GIG land

Jan 30, 2024 | 12:34 PM

MD of Greenview Council has approved a Memorandum of Understanding with Interprovincial Fuel Solutions Ltd to purchase 81 hectares of land in the Greenview Industrial Gateway. (GIG)

IFS intends to develop a $600-million petrochemical facility to manufacture synthetic low-carbon gasoline.

The $600 million facility is expected to produce 5,600 barrels per onstream-day of drop-in low-carbon ultra-clean synthetic gasoline in line with current and future fuel regulations.

The facility’s construction will generate approximately 600 regional construction jobs and 50-70 full-time positions once construction is complete.

IFS is the third major investor in the industrial lands following Northern Petro Chemical Corporation in 2021 and Cerilon GTL inc. in 2022.

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