News Summary

Dow Inc. has announced a delay in the construction of its $9 billion net-zero petrochemical project in Fort Saskatchewan, Alberta, due to anticipated weak market conditions. The Path2Zero project, billed as the world’s first net-zero Scope 1 and 2 greenhouse gas emissions-integrated ethylene cracker and derivatives site, was expected to create 5,000 jobs at peak construction and 450 full-time jobs once operational. Dow remains committed to the project but has decided to push back the timeline after a comprehensive review, holding off on approximately $1 billion in capital spending this year.