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Wednesday, January 22, 2014

Plans Progress on West Virginia Ethane Cracker Plant

From the Parkersburg News and Sentinel:
Work continues on getting the pieces in place that will allow a new petrochemical complex - the ethane cracker plant - to be built in Wood County, state and local officials said.
On Nov. 14, Gov. Earl Ray Tomblin and officials with Brazil-based Odebrecht announced plans for the development of an ethane cracker, three polyethylene plants and associated infrastructure for water treatment and energy co-generation. A cracker plant converts ethane, a byproduct from Marcellus Shale and Utica Shale natural gas, into the widely used ethylene, a key component for the plastics industry.
The proposed complex is called ASCENT, which stands for "Appalachian Shale Cracker Enterprise." If the plant is built, it would be operated by Braskem America.
Appalachian Shale Cracker Enterprise LLC purchased the SABIC Innovative Plastics plant property at 9226 DuPont Road, Washington, W.Va., for $10,910,890. The sale was completed on Dec. 31 and filed recently with the Wood County Clerk's office.
Read the whole article here.

This project seems to be progressing with much more speed than the proposed Shell ethane cracker plant in Pennsylvania.  It will be interesting to see if that pace continues.

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