Shale Energy Law Blog
West Virginia One Step Closer to Seeing a Cracker Plant Constructed
January 17, 2014
West Virginia’s Ohio River region is one step closer to seeing construction begin on a cracker plant in the Wood County area. According to the Charleston Gazette, Appalachian Shale Cracker Enterprise, owned by Brazilian based Odebrecht, purchased the SABIC Plastics Innovations facility in Wood County for approximately $11 million. The “Ascent” complex, once it is complete, will include three polyethylene plants in addition to the ethane cracker plant and associated infrastructure. The SABIC plant is anticipated to continue operations until 2015 making the timeline for constructing and opening the ethane cracker facility unknown.