Feb 4 (Reuters) - Pembina Pipeline Corp PPL.TO :
* PEMBINA PIPELINE CORPORATION ANNOUNCES POSITIVE FINAL INVESTMENT DECISION ON AN INTEGRATED PETROCHEMICAL FACILITY
* PEMBINA PIPELINE CORP - PEMBINA'S NET INVESTMENT OF $2.5 BILLION REPRESENTS A 50 PERCENT INTEREST IN CKPC
* PEMBINA PIPELINE - CKPC HAS A DETAILED CLASS II LEVEL CAPITAL COST ESTIMATE OF $4.5 BILLION (GROSS), INCLUDING INTEREST DURING CONSTRUCTION
* PEMBINA PIPELINE - POSITIVE FINAL INVESTMENT DECISION TO CONSTRUCT 550,000 TONNE PER ANNUM PROPANE DEHYDROGENATION PLANT, POLYPROPYLENE FACILITY
* PEMBINA PIPELINE CORP - PDH/PP FACILITY IS EXPECTED TO BE IN-SERVICE IN MID-2023
* PEMBINA - PDH/PP FACILITY EXPECTED TO BE IN-SERVICE IN MID-2023; EXPECTED TO GENERATE ANNUAL RUN-RATE ADJUSTED. EBITDA OF $275 - $350 MILLION, NET TO PEMBINA
* PEMBINA PIPELINE CORP - CKPC IS PURSUING ASSET-LEVEL DEBT FINANCING FOR 50 PERCENT OF JOINTLY-OWNED FACILITIES
* PEMBINA PIPELINE CORP - INTENDS TO FINANCE SUPPORTING FACILITIES CONSISTENT WITH ITS LONG-TERM FINANCING STRATEGY OF EQUAL AMOUNTS OF DEBT AND EQUITY
* PEMBINA PIPELINE CORP - CONTINUES TO ANTICIPATE EQUITY CONTRIBUTIONS WILL BE FUNDED WITH CASH FLOW AFTER DIVIDENDS
* PEMBINA PIPELINE CORP - CKPC HAS BEEN AWARDED $300 MILLION OF ROYALTY CREDITS FROM ALBERTA GOVERNMENT