Cracker Plant Belmont County Oh

Belmont county ohio wtrf some breaking news out of belmont county as daelim chemical u s a has withdrawn from the ethane cracker plant project.

Cracker plant belmont county oh.

Thailand based developer ptt global chemical america has reached a settlement agreement. Belmont county ohio wtrf pttgc america announced a new timeline on monday regarding a final decision on the proposed ethane cracker plant in belmont county following delays due to the coronavirus pandemic. Daelim chemical usa a major investment partner in a proposed ethane cracker plant in belmont county ohio announced on tuesday that it is exiting the project. Subsidiary of ptt global chemical pttgc america selected a site in belmont county s mead township on the ohio side of the ohio river for the possible construction of a world scale petrochemical complex that would serve as a dynamic economic anchor for this region.

A legal challenge holding up a proposed 5 billion ethane cracker plant in belmont county has been cleared. Ohio will have an invaluable asset on. Daelim calls the decision difficult but. In a joint statement with pttgc america llc the thailand based company driving the project in the ohio valley an executive said that despite daelim s withdrawal the project remains a top priority.

As ohio officials do all they can to make a proposed 5 billion petrochemical plant a reality in belmont county. Around the proposed belmont county plant. They were an equity partner with pttgc america on that project which is expected to be delayed by six to nine months due to the pandemic. Another incentive from jobsohio will help further site work for a 5 billion ethane cracker plant in.

Officials anticipate another six to nine months until a final verdict is reached.