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Corporations eager to build ethylene crackers in north-eastern US
08 Sep '11
1 min read
Many corporations are eager to build ethylene crackers and to exploit the vast amount of natural gas reserves in the Marcellus region.
The US Geological Survey has recently increased its estimate of natural gas reserves from 2 trillion cubic feet to 84 trillion cubic feet in the Marcellus Shale, a deep formation that lies beneath several of the US States including West Virginia, Pennsylvania, New York, Ohio and other States.
Bayer Crop Science is evaluating sites in Wetzel and Kanawha counties for other corporations interested in setting up crackers. The rail and river necessities for the purpose are met by the 460 acre Institute site and the 1,000 acre New Martinsville site.
On the same lines, the Jackson County Development Authority is also evaluating sites along the Ohio River. The Jackson County's location in Polymer Alliance Zone also provides rail and river access.
Few months ago, Shell Chemical had announced plans for construction of ethylene cracker to exploit the large reserve of Marcellus natural gas.
Since majority of the crackers in the US are presently situated in Louisiana and Texas, major petrochemical corporations are eager to set up new plants in the north-eastern States, rather than mere expanding the capacities of the existing ones.
The US Geological Survey has recently increased its estimate of natural gas reserves from 2 trillion cubic feet to 84 trillion cubic feet in the Marcellus Shale, a deep formation that lies beneath several of the US States including West Virginia, Pennsylvania, New York, Ohio and other States.
Bayer Crop Science is evaluating sites in Wetzel and Kanawha counties for other corporations interested in setting up crackers. The rail and river necessities for the purpose are met by the 460 acre Institute site and the 1,000 acre New Martinsville site.
On the same lines, the Jackson County Development Authority is also evaluating sites along the Ohio River. The Jackson County's location in Polymer Alliance Zone also provides rail and river access.
Few months ago, Shell Chemical had announced plans for construction of ethylene cracker to exploit the large reserve of Marcellus natural gas.
Since majority of the crackers in the US are presently situated in Louisiana and Texas, major petrochemical corporations are eager to set up new plants in the north-eastern States, rather than mere expanding the capacities of the existing ones.
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