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Asian Firms May Invest $5 Billion in Cracker

2015-04-23 10:10:41| Chemicals - Topix.net

As a firm already capable of producing 8.8 million tons worth of petrochemical products per year, Thailand's PTT Global Chemical may increase annual capacity by 1 million tons if it proceeds to crack ethane at the site now home to FirstEnergy's R.E. Burger plant in Belmont County. PTT Global and its Japanese partner, Marubeni Corp., on Wednesday joined Ohio and Belmont County officials to confirm intentions to build a $5 billion ethane cracker.

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Thai-Japanese partnership selects Ohio for proposed ethane cracker

2015-04-22 23:52:56| Food - Topix.net

After two years of shopping, a partnership seeking to develop another ethane manufacturing plant has selected Belmont County, Ohio, as a final candidate for the facility. PTT Global Chemical, Thailand's largest chemical company, and Marubeni Corp., a Japanese trading and investment house, is considering building a world-scale petrochemical complex that would use natural gas liquids, particularly ethane, produced in the Marcellus and Utica shale plays, according to Ohio Gov. John Kasich's office.

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