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Pembina Pipeline Slightly Higher As Announces Plans to Expand its Truck Terminal Network

Pembina Pipeline Corp. (PPL.TO) was slightly higher on Tuesday afternoon after announcing that it plans to invest approximately $50 million over the next 18 to 24 months to expand its truck terminal network at key locations throughout western Alberta and British Columbia.

The company said it plans to expand services at a number of existing truck terminals and also construct new full service terminals that focus on emulsion treating (separating oil from impurities to meet shipping quality requirements), produced water handling and water disposal.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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