Pembina Reactivates Peace Pipeline Expansion, Suspends Joint Petrochemical Project

SUGAR LAND--January 4, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Pembina Pipeline Corporation (NYSE:PBA) (Calgary, Alberta) recently announced planned 2021 capital expenditures worth C$785 million (US$618 million) as part of its guidance for the year. Pembina is looking to growth projects, in particular a reactivation of its Peace Pipeline expansion, although it has suspended a major joint-venture petrochemical project in Alberta.