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The Alaska Industrial Development and Export Authority (AIDEA) has approved a cost reimbursement agreement to undertake feasibility activities of Alyeschem, LLC, the first petrochemical facility in the U.S. Arctic. On the approval of the project, Alaska Governor Mike Dunleavy had this to say, "This project allows us to keep more of the value from our raw materials within the state and aligns with our goal of maximizing the benefits of our resources. Together, we're harnessing the power of North Slope natural gas to drive prosperity, innovation, and a cleaner, more resilient future for Alaska."

Aleyschem Alyeschem


Energy & Power
Materials & Chemicals


Alyeschem is developing a petrochemical facility on the North Slope of Alaska. The company will use the North Slope’s abundant and stranded natural gas supply as feedstock to produce methanol locally, reducing supply chain risk and delivering significant cost and emissions reductions to customers.

Visit the Alyeschem website to learn more →

Fund II
Anchorage, AK
Investment Themes
Natural Gas Value Chain
Investment Sectors
Energy & Power
Materials & Chemicals