New Clue Shell’s Cracker Plant Moving Forward
MONACA, Pa. – Shell Chemical Co. has agreed to pay the Center Township Water Authority $69 million to relocate a water intake site and building a new water treatment plant for the township.
The project is necessary for Shell to go ahead with its proposed billion-dollar cracker plant along the Ohio River.
The investment is just the latest in a series of expenditures that would seem to indicate the corporation is planning on moving forward on the project. Even so, no final investment decision has been made public.
In early September Shell began building a bridge to the potential plant site, and late last month agreed to pay $80 million to fund environmental remediation on the property.
Shell’s agreement with the Center Township Water Authority was first reported by the Pittsburgh Post-Gazette.
The newspaper published a statement from Shell:
“The next step involves pre-construction activities to build a roll-on, roll-off dock facility near where the (authority’s) water supply source is currently located. Pre-construction activities related to the dock are critical to the potential construction phase if Shell decides to build the facility, since it will be used to deliver major pieces of equipment. Planning to build the dock now will allow Shell to maintain its schedule for the potential construction phase.”
Copyright 2024 The Business Journal, Youngstown, Ohio.