Landscaping – Energy – Environment
“PTT Global Chemical America is contributing $1.15 million to the Shadyside Local School District and Mead Township even as the company continues discussions with potential partners on a proposed world-scale petrochemical project in the Ohio Valley. The payments stem from a March 2020 Ohio Enterprise Zone agreement, under which GCA pledged a financial commitment to the school district and the township over 15 years after a final investment decision is made. Although no such decision is imminent, the company will provide financial support of $1 million for the school district and $150,000 for Mead Township to demonstrate its commitment and good corporate citizenship to the local communities.”
PTT Global Chemical America Lends Support to Shadyside Schools, Mead Township – June 30, 2022 – The Intelligencer. Wheeling News-Register
“West Virginia Gov. Jim Justice said a major underground natural gas liquids storage facility proposed for the Ohio Valley is a top economic priority for his office. If built, the hub would allow more natural gas liquids to remain in Appalachia. Storage is a key infrastructure investment needed to attract petrochemical manufacturers to the region. The project would be built with a combination of private investment and a $1.9 billion loan guarantee from the Department of Energy, which is being applied for by the project’s developer, the Appalachia Development Group, LLC.”
Appalachian Underground Gas Storage Hub Gov. Justice’s ‘No. 1 Economic Focus’ – January 23, 2019 – WV Public Broadcasting
“Gross cracking margins for ethane on the US Gulf coast turned negative this week for the first time in two years amid stubbornly high ethane prices, ample ethylene supplies and dwindling polyethylene demand. If ethane cracking margins stay negative for an extended period, reduced runs heard to be occurring at some crackers may turn into shutdowns, sharply reducing ethylene production.”
US ethane cracking margin turns negative – June 28, 2022 – Argus Media
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