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Thursday, December 8, 2016

Site Cleared for Belmont County Cracker Plant; JobsOhio Reimbursing $14 Million in Expenses

From The Intelligencer:
Site preparation for PTT Global Chemical’s planned multi-billion-dollar ethane cracker project in Belmont County is nearly complete, as all signs of the former R.E. Burger power plant along the Ohio River are now nothing more than a memory. 
After more than a year of evaluating the viability of the project — which would create thousands of construction jobs in the construction phase and hundreds of permanent jobs once it’s up and running — officials expect the Thailand-based chemical giant to make a final investment decision by the end of March. 
“So far, all the signs we see are positive,” Belmont County Commissioner Mark Thomas said. “We anticipate them making their final decision by the end of March.”
Read the whole article by clicking here.

Next, from the Columbus Dispatch:
JobsOhio disclosed Tuesday that it has spent $14 million to reimburse some of the costs of cleaning up and preparing the Belmont County site for the potential project
A clear site was requested by PTT Global Chemical of Thailand, a business that is exploring the feasibility of building a plant there. 
"This was really critical for the timeline," said David Mustine, senior adviser for JobsOhio.
That whole article is available by clicking here.

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