Chinese company checks out Stettler prospects

With plans to set up shop in Alberta, a Chinese business visited Stettler last Wednesday after a tour of Red Deer in the morning.

Chinese business officials visit an energy facility on a tour of Stettler last week to explore a potential site for a petrochemical plant in Alberta.

With plans to set up shop in Alberta, a Chinese business visited Stettler last Wednesday after a tour of Red Deer in the morning.

China Shenghong Group was in the region to scout out a location to build and operate a petrochemical plant.

“The group officials expressed a specific interest in methanol extraction and processing,” said Aubrey Brown, executive-director of Stettler Regional Board of Trade and Community Development, which co-ordinated the visit.

“They own two petrochemical plants in China and communicated that they require large quantities of methane.”

Officials with the company declined questions from the media, because the visit was exploratory. They plan to return in coming months and comment at that time.

“This was a very preliminary visit,” Brown said.

Stettler is one of several locations in Alberta under study by the group, which plans to complete an assessment and return to the province in coming months, he said.

“Of all the areas in province, it’s great that Stettler was included, and that draws a lot of attention to this region,” Brown said.

Such a venture in the local area would be welcome news to major municipalities.

“This investment in a major gas facility would certainly give a boost to the economy of Stettler and area,” County of Stettler Reeve Wayne Nixon said.

“We learned that the company is a world leader in chemical fibre technology and would require methanol as a main material.”

Town officials would also welcome this venture to the community.

“Anytime you have people and businesses outside the region or country looking to invest in this area, is all very positive,” said Stettler Mayor Dick Richards.

While in the local area, the delegation toured gas plants such as the Keyera Nevis and Bearspaw gas plants.

Elected officials from the County of Stettler and the Town of Stettler hosted a lunch for the delegation, which also made a brief presentation to county council.

Local industry and community leaders played key roles in the tour as Wayne Long of Vortex Services of Stettler accompanied the delegation and answered questions for the entire tour.

This was the second County of Stettler gas plant related inquiry from Chinese investors in 2013, Brown said.

Access Prosperity welcomed the Jovo Group from China in March.

Provincial government officials said the doors to foreign investment.

“We are thrilled to welcome executives from Shenghong Group on their first visit to central Alberta,” said International and Interprovincial Relations Minister Cal Dallas, who attended a dinner with the delegation the night before in Red Deer, with Reeve Nixon and his wife Loree also present.

The Shenghong Group has petrochemical, textile, energy, real estate, hotel and major industrial enterprises, with annual sales revenues of 5 billion and more than 30,000 people employed.

Just Posted

MLA: You don’t vote for the tail

Bureaucracy overtakes elected representatives

Our Town Stettler: Convalescent Hospital opened in 1954 first of its kind

Gave Stettler forward-thinking reputation for helping an ageing population

Snowfall adds some delay to morning commute

The QE2 and area road conditions in central Alberta were partly snow covered

Witness refuses to testify against John Savage

Preliminary hearing on Stettler man for second-degree murder halted, plea bargain made

John Savage pleads guilty to manslaughter

Sentenced to 7 years for Stettler murder

WATCH: World-renowned illusionist, magician, escapist performs in Stettler

Matt Johnson performs two sold-out shows at Stettler Performing Arts Centre

Innisfail RCMP arrest two men attempting to sell stolen property

A large amount of music equipment and instruments had been stolen

Fashion Fridays: Inspirational gym outfits

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Company issues lifetime ban after man jumps from cruise ship

Nick Naydev posted the video last week showing him standing on the balcony of the Symphony of the Seas

Unruly passenger forces B.C.-bound flight to divert to Calgary

Police say charges are pending against a woman in her 40s

Pro-immigration rally planned for Red Deer on Saturday

Rally taking place outside Red Deer City Hall from 11 a.m. to 2 p.m.

Inflation rises as higher airfares, veggie prices offset cheaper gas

Statistics Canada says inflation accelerated to two per cent in December

Bower Place expansion plans underway

Red Deerians can expect Sunterra Market and Marshall’s

Russian fighter jets collide over Sea of Japan, crews eject

One plane crashed after its crew ejected safely, the other crew also ejected but they have not been found

Most Read