ExxonMobil Scouting Sites for Beaver County Cracker
YOUNGSTOWN, Ohio – The Pittsburgh Business Times reports ExxonMobil Corp. last week scouted locations in Beaver County, Pa., that could be suitable for construction of a petrochemical plant similar to the Royal Dutch Shell’s ethane cracker that’s taking shape near Monaca, Pa.
The Business Times quotes sources as saying a broker for ExxonMobil has visited “at least one site” in the county and spelled out site requirements – “in the range of 240 acres” along the Ohio River.
The newspaper noted ExxonMobil was narrowing its search to three sites but could not confirm if one, all three or any are in Beaver County.
In July Brazil-based Braskem decided not to build a $4 billion petrochemical plant in Parkersburg, W.Va.
Meanwhile, there is still no final investment decision by PTT Global Chemical and Daelim, which selected a site in Belmont County, Ohio, to potentially build a petrochemical plant. Some $95 million, however, is being invested in site preparation, $30 million of which came from Jobs Ohio.
Copyright 2022 The Business Journal, Youngstown, Ohio.