April 22 (Reuters) - Inter Pipeline Ltd IPL.TO :
* INTER PIPELINE PROVIDES UPDATE ON HEARTLAND PETROCHEMICAL COMPLEX
* INTER PIPELINE LTD - CONSTRUCTION OF HPC CONTINUES TO ADVANCE
* INTER PIPELINE LTD - PROPANE DEHYDROGENATION PLANT EXPECTED TO BE SUBSTANTIALLY MECHANICALLY COMPLETE IN MAY 2021
* INTER PIPELINE LTD - POLYPROPYLENE FACILITY BY END OF YEAR
* INTER PIPELINE LTD - POLYPROPYLENE PRODUCTION FROM COMPLEX IS EXPECTED TO COMMENCE IN EARLY 2022.
* INTER PIPELINE LTD - ABOUT 60% OF HPC'S PRODUCTION CAPACITY IS HELD UNDER EXECUTED TAKE-OR-PAY AGREEMENTS WITH SEVEN COUNTERPARTIES
* INTER PIPELINE LTD - IN 2023, EXPECTS HPC TO GENERATE ANNUAL ADJUSTED EBITDA IN RANGE OF $400 TO $450 MILLION
* INTER PIPELINE LTD - IN 2022, HPC ADJUSTED EBITDA IS EXPECTED TO BE APPROXIMATELY TWO THIRDS OF 2023 GUIDANCE RANGE