Dow approved US $200+ million expansion of Alberta ethylene plant
U.S. chemical producer Dow Inc. has approved an expansion of its Alberta petrochemical facilities expected to cost between US$200 million and US$225 million.
Inter Pipeline Ltd.
Inter Pipeline shares lose some of last week's takeover speculation gains
Shares in Inter Pipeline Ltd. fell by as much as 4.3 per cent on Monday, August 12, 2019, morning after soaring late last week on news that it had rejected an unsolicited takeover from an unnamed bidder.
Inter Pipeline confirms takeover offer on regulator request after stock halted
Inter Pipeline Ltd. confirmed Friday afternoon it received a "proposal" to purchase the company, in a statement issued at the behest of regulators a few hours after executives refused to discuss the matter on a conference call with analysts.
Oilsands pipeline firm Inter Pipeline posts record Q2 net income of $260 million
Oilsands transport company Inter Pipeline Ltd. is reporting record second-quarter net income of $260 million or 63 cents per share, nearly double the $136 million or 35 cents it declared in the same period of 2018.