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Belmont County named site for possible multibillion-dollar ‘cracker’ plant

Plant handling natural-gas component would be Thai-Japanese venture; final decision expected in 2016

It is not every day that elected officials from Appalachian Ohio get to announce the possibility of a multibillion-dollar development.

So Belmont County leaders had reason to enjoy news yesterday that a planned ethane “cracker” plant is envisioned for a site near the Ohio River. And they hope the news will be followed in about a year with a firm commitment by developers to build the project.

“This potentially can be, from a fiscal standpoint, one of the biggest developments ever in Ohio,” said Mark Thomas, a Belmont County commissioner. “To have it, potentially, in Belmont County, in southeastern Ohio, in Appalachia, is incredible.”

The developers are PTT Global Chemical of Thailand, a giant chemical and fuel-refining company, and Marubeni Corp. of Japan.

A cracker plant takes ethane — a component of…

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Ethane cracker may be built in shale gas-rich Belmont County

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.

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Belmont County Ethane Cracker Decision by End of 2016

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…

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Governor Announces Ethane Cracker Sited in Belmont County

Press Release Header - 4.22.15

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…

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