By March 13, 2018 Read More →

Potential Belmont County cracker investment could hit $10 billion

By CASEY JUNKINS

The Intelligencer and Wheeling News-Register

COLUMBUS, Ohio — Gov. John Kasich said a pair of international energy firms now control about 500 acres of property needed to build the planned Belmont County ethane cracker, a project he said could now cost up to $10 billion.

During a Monday news conference at the Ohio Statehouse, Kasich formally announced the partnership between Thailand-based PTT Global Chemical and South Korea’s Daelim Industrial Co., a pairing initially reported by The Intelligencer on Jan. 31.

“It’s great to see these two world-class companies coming together to develop an exciting 21st century industry that will dramatically transform Ohio,” Kasich said. “Building this massive ethane cracker plant here will be a game-changer, not only for Eastern Ohio, but for the entire state, as it will create so many new opportunities for economic development.”

Read the entire article: http://www.theintelligencer.net/news/top-headlines/2018/03/potential-belmont-county-cracker-investment-could-hit-10-billion/

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