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Wednesday, January 15, 2014

Business Interest Stirred by Talk of West Virginia Cracker Plant

From the Parkersburg News and Sentinel:
Inquiries about the Mid-Ohio Valley as a business location have increased since the November announcement of plans to build an ethane cracker plant in Wood County.
"It has sparked a tremendous amount of activity and interest in our area ... in the commercial and industrial market," said Holmes R. "Butch" Shaver, director of commercial and industrial sales and leasing for Berkshire Hathaway HomeServices Real Estate Center in Parkersburg.
The multibillion-dollar Ascent complex would be constructed at the current site of the SABIC plant in Washington, W.Va. It would include the cracker facility- which would convert ethane, a byproduct of natural gas extracted from the Marcellus and Utica shale formations, into ethylene, a key component for the plastics industry- as well as three polyethylene plants and water treatment and energy co-generation infrastructure.
You can read the entire article by clicking here.

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