Dow, one of the world’s largest petrochemical companies, announced in its third quarter earnings conference call that it will provide clarity regarding an expansion of its ethane cracker located in Fort Saskatchewan, AB in early 2026. The expansion, dubbed the Path2Zero project (artist rendition below), originally sanctioned in November 2023, would more than double the existing cracker’s output of ethylene and other co-products would require a commensurate significant expansion in its consumption of ethane as feedstock (see Shock to the System for further details). The expansion would include additional emission abatement technologies to generate net zero Scope 1 and Scope 2 emissions with an estimated total cost of C$11 billion (US$8.1 billion).
Featured Articles
- Analyst Insight
Dow Will Proceed With Fort Saskatchewan Ethane Cracker Expansion
Dow has chosen to proceed with an expansion of its Fort Saskatchewan, AB ethane cracker after placing the project on hold earlier in 2025. The result will be a substantial expansion of Alberta's ethane demand by 2031.
- Analyst Insight
Q3 2026 Earnings Calls: Dow Says Closures Will Lead to Petchem Recovery
On Dow’s Q3 earnings call, management tied a petrochemical market recovery more to capacity closures than to demand growth.
- Blog
Every Rose Has Its Thorn – Poor Performance in the Petrochemical Industry Affecting Earnings
The global petrochemical is currently experiencing a downturn, and this is showing up in earnings. These companies are reacting with cost reductions and capacity rationalizations.
