CHILLICOTHE – Chillicothe has been ranked as one of the top 100 micropolitan areas in the country for 2014, and local officials say the designation puts the city in a good position moving forward.
Site Selection Magazine, which focuses on corporate real estate and economic development, recently released its list, which ranked Chillicothe in a tie for 74th. Projects that meet at least one of three criteria — $1 million in new capital investment, 20,000 square feet of new construction or the creation of at least 50 new jobs — are considered when creating the rankings.
Micropolitan areas are a recent designation by the U.S. Census Bureau that are defined as nonmetropolitan counties with core urban populations of at least 10,000 people but fewer than 50,000.
The Carlisle building renovation project and a new facility on Ohio 159 and Delano Road as part of an expansion by Murphy-Hoffman Co. were submitted by JobsOhio,…
In the long run, low oil prices will create more demand for chemicals, which will make it easier for companies like Royal Dutch Shell and Odebrecht to pump billions of dollars into new ethylene crackers.
In the short run, such projects may be delayed while crude oil prices, which have dropped by 50 percent since the summer, feel around for a new normal.
To understand why several proposed petrochemical crackers recently announced delays or hesitations about going forward, it’s necessary to separate the oil from the gas.
“The reason everybody was betting on building ethane crackers is because there was a very large difference between oil and natural gas prices,” said Maria Mejia, a natural gas liquids analyst with Bentek Energy, which is headquartered in Colorado.
Ethane crackers turn hydrocarbons into ethylene, a starting point for a variety of chemical products. As feedstock, these plants…
Blue Racer Midstream LLC (Dallas) has entered into long-term agreements with several Utica Shale natural gas producers to provide integrated midstream services for production in liquids-rich acreage in Monroe, Noble, Guernsey, Belmont, Harrison, and Carroll counties in Ohio. Producers that have made recent dedications to Blue Racer include Eclipse Resources, Hess Corp., CONSOL Energy Inc., and PDC Energy Inc. The commitments build on previous commitments to Blue Racer from other producers, among them Chesapeake Energy Corp., TOTAL Gas & Power North America Inc., Rex Energy Corp., and EnerVest. All have made long-term dedications for natural gas gathering, compression, treating, processing, and transportation, as well as for condensate handling and fractionation, storage, transportation, and NGL marketing.
Blue Racer’s network of nearly 600 miles of large-diameter gathering pipelines crosses 24 counties in Ohio and West Virginia, and has the current capacity to gather more than…
What a voyage. Stillwater, Okla.-based Total Energy’s heavy haul division earlier this year barged six 168-ft-long, 350,000-lb ASME propane tanks from Louisiana to Steubenville, Ohio, plowing the Mighty Mississippi River north through St. Louis to Cairo, Ill. where the Big Muddy meets the Ohio River. After hanging a right into the Mississippi’s largest tributary, it was another long passage northeast to Steubenville, where the 175,000-gal. containers were offloaded for over-the-road delivery to a midstream operator in eastern Ohio’s Utica Shale.
Those half-dozen Bayport and AMF Beaird bullets, manufactured in 1967 and 1971, and a seventh sibling scooped up by another Total Energy customer, had been scheduled to be scrapped by a demolition contractor hired by Chevron that was decommissioning a plant in Erath, La. formerly operated by Texaco. Although the tanks could be salvaged and placed back in service, their daunting…