COLUMBUS, Ohio — A Thai petrochemical and refining company is considering Belmont County as a possible site to build a refinery that would make ethylene and other plastics from shale gas.
PTT Global Chemical, Thailand’s largest integrated petrochemical and refining company and the Marubeni Corp., a Japanese investment adviser, have discussed the project for the last two years with JobsOhio and its regional arm, the Appalachian Partnership for Economic Growth.
If built, such a refinery, often called a “cracker,” could cost several billion dollars, create thousands of construction jobs and hundreds of permanent jobs.
Before choosing Belmont County, the developers looked at sites in the entire region where gas producers have been drilling wells in Ohio, West Virginia and Pennsylvania. The prolific production of these wells has led to steep declines in the price of regional gas, and for now, a slowdown in further drilling.
ST. CLAIRSVILLE – Instead of seeing local ethane flow to Gulf Coast petrochemical plants, Belmont County officials hope a pair of Asian firms will use the liquid to employ thousands of construction workers and hundreds of permanent employees via a $5 billion cracker complex.
On Wednesday, Belmont County commissioners and Ohio Gov. John Kasich said Thailand-based PTT Global Chemical and Tokyo’s Marubeni Corp. will decide before the end of 2016 whether they will turn the former FirstEnergy R.E. Burger site and some surrounding property into an ethane cracker.
“I think you will see this plant come to fruition simply based upon the fact of where we are located,” Commissioner Mark Thomas said when asked why an ethane producer would send their natural gas liquid to this proposed facility as opposed to sending it southward for cracking in conduits.
“The location makes sense because of where…
April 22, 2015
Rob Nichols, Governor’s Office, (330) 760-7582, Rob.Nichols@governor.ohio.gov
Matt Englehart, JobsOhio, (614) 300-1152, Englehart@jobs-ohio.com
BELMONT COUNTY NAMED FINAL CANDIDATE FOR POSSIBLE PETROCHEMICAL FACILITY
Global Chemical Group Selects Ohio for Potential Multi-Billion Dollar Investment
COLUMBUS – Today Governor John R. Kasich announced that PTT Global Chemical (PTTGC), Thailand’s largest integrated petrochemical and refining company, and its project partner, Marubeni Corporation, a Japan-based company, have selected a site in Belmont County, Ohio for the possible construction of a world-scale petrochemical complex, also known in the industry as an ethane cracker. With a site now selected, PTTGC and Marubeni will take the next 12-to-16 months to complete the detailed engineering design and permitting at the Ohio site.
For nearly two years, PTTGC and Marubeni have considered project sites across the Utica and Marcellus shale region. JobsOhio, the private, non-profit corporation designed to drive job creation…
MILWAUKEE, Wis. (March 19, 2015) – A national panel of expert judges today named a Swiss wheel as the 2015 U.S. Championship Cheese.
Team Guggisberg Sugarcreek, of Guggisberg Cheese, Millersburg, Ohio, took top honors out of 1,892 entries from 28 states for their Swiss wheel. Out of a possible 100 points, the Swiss wheel scored 98.496 in the final round of judging, during which judges re-evaluated the top 16 cheeses at an evening charity gala to determine the overall champion.
First runner-up in the contest, with a score of 98.389, is a brick cheese made by John (Randy) Pitman of Mill Creek Cheese in Arena, Wisconsin. Second runner-up is a medium cheddar, made by the Kiel Production Team, in Land O Lakes, Kiel, Wisconsin which scored 98.337.
“Every medalist should be extremely proud of being recognized as the best…