Little by little, piece by piece, the evidence continues to mount that PTT Global Chemical and their partner Daelim Chemical will make a positive final investment decision (FID) to build a multi-billion dollar ethane cracker in Belmont County, OH. On Monday we told you the State of Ohio is investing another $30 million in the
Read More...Location of Steubenville, halfway between Monaca, PA and Dilles Bottom, OH Several weeks ago MDN editor Jim Willis attended the 2019 Northeast Petrochemical Conference and Expo in Pittsburgh. A major reason for attending such events is to connect with others in the industry. On this trip, Jim had the pleasure of meeting and talking with
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Oreos Deal Anything But Black and White The manufacturer of Oreos says it’s cut a deal to buy
Read More...Bechtel Oil, Gas & Chemicals was selected by Thai petrochemical giant PTT Global Chemical to build the Belmont County ethane cracker plant on a former coal-fired power plant in Mead Township, according to Shale Ohio. The company is also building a Shell cracker in Monaca, Pennsylvania. With two large ethane cracker plants being constructed in
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Every now and again we traffic in rumors here on MDN, but we do so rarely and only when we trust the source of the rumor. In mid-March we brought you juicy
Read More...Experts believe an increased availability of ethane storage facilities in eastern Ohio, southwestern Pennsylvania and northern West Virginia will attract petrochemical plants that turn ethane into raw plastic, according to the Associated Press. Incidentally, plans are underway to create two underground facilities to store ethane in the Appalachian Basin. Energy Storage Ventures is awaiting approval
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Seems like every few months there’s a meeting or conference somewhere in the Marcellus/Utica region that addresses the topic of ethane storage. Another such a meeting was held in Pittsburgh yesterday. The
Read More...Energy midstreamer/transporter/storage giant Energy Transfer LP is opening an office in Beijing, looking to capitalize on China’s demand for ethane and other natural gas liquids. By opening its first office outside the U.S., Energy Transfer hopes to better leverage the increasing business opportunities in the export of energy products to China and other Asian markets,
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