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Monday, October 9, 2017

Belmont County Cracker Plant Moves Closer to Becoming a Reality

From The Times Leader:
Officials with Thailand-based PTT Global Chemical said they will “enhance the well-being and quality of life” for those who live in the Dilles Bottom area if the firm builds its estimated $6 billion ethane cracker there. 
Belmont County Commissioner Mark Thomas admits it remains to be seen what this actually means. Still, he sees the announcement as continued progress toward an affirmative final investment decision. 
“I do know that it reaffirms the strong partnership between the state of Ohio and PTT Global Chemical America,” he said. “With that said, I cannot but think this remains continued positive news as the two entities continue to work together to one common goal: a positive plant announcement sooner than later.” 
According to the company, PTT officials signed a memorandum of understanding with JobsOhio during the weekend. JobsOhio is the private corporation Gov. John Kasich established in 2011 as a replacement for the state-run Department of Development.
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