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December 19, 2023
This is your friendly (somewhat snarky) semi-annual reminder from MDN that the PTT ethane cracker project in Ohio is dead (see Facing Reality โ PTT Ohio Cracker Plant Project is Dead). We periodically look for signs of life in the project, and it has been a flat line for YEARS. Nothing. Local and state leaders
August 31, 2023
Two weeks ago, MDN editor Jim Willis offered the opinion that PTT Global Chemical is not going to build an ethane cracker plant in Belmont County (see Facing Reality โ PTT Ohio Cracker Plant Project is Dead). He backed up his opinion with observations and facts to support it. On Tuesday, the Belmont County Township
August 18, 2023
We'll say aloud what no one else appears ready or willing to say: The long-ballyhooed PTT ethane cracker plant project in Belmont County, Ohio, announced eight years ago, is dead. That's our humble opinion. We periodically look for signs of life in the project, and it has been a flat line for YEARS. Nothing. A
September 15, 2022
PTT Global Chemical Plc (PTTGC) has opened Southeast Asiaโs largest plant producing high-quality and food-grade recycled plastic resins, aiming to recycle 60,000 tonnes of used plastics annually.
May 3, 2022
JobsOhio, a private nonprofit largely funded by the profits from state liquor sales, is dedicated to attracting new jobs and investments to the state. JobsOhio has been a big part of the plan to get an ethane cracker built in the state, a project currently on hold. JobsOhio still believes there will be an ethane
March 31, 2022
PTT Global Chemical has reimbursed JobsOhio, the state's private economic development office, $20 million for failing to make a final investment decision (FID) to build a multi-billion-dollar ethane cracker plant project in Belmont County, OH. JobsOhio paid Bechtel Corp. $20 million in 2019 to complete site engineering and site preparation for the project, with a
March 24, 2022
Last August, PTT Global Chemical finally came clean and admitted there will be no final investment decision (FID) to build... Continue reading
March 1, 2022
Last August, PTT Global Chemical finally came clean and admitted there will be no final investment decision (FID) to build... Continue reading
January 11, 2022
Our friends at NGI (Natural Gas Intelligence) are running an excellent series providing expert forecasts for the global natural gas... Continue reading
February 22, 2021
Last November we brought you the news that PTT Global Chemical was changing the timeline (again) for a final investment... Continue reading