Dow Delays Construction of $9 Billion Net Zero Alberta Project

Deputy Prime Minister Chrystia Freeland speaks at the Dow Chemical announcement, that will finalized plans to construct the world's first net-zero carbon emissions ethylene and derivatives complex, in Fort Saskatchewan Alberta, on Nov. 29, 2023. The Canadian Press/Jason Franson

Dow Inc. says it is delaying construction of a nearly $9 billion net-zero petrochemical project northeast of Edmonton because of expected weak market conditions.

The company says it’s still committed to the Path2Zero project in Fort Saskatchewan, Alta., but that after a comprehensive review it has decided to push back the timeline.