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Now-Dead Parkersburg Cracker Site Finally Records Deed Transfer

Braskem, the largest petrochemical company in Latin America (headquartered in Brazil), and its parent company Odebrecht were, at one time, hot-to-trot to build a multi-billion dollar ethane cracker near Parkersburg, WV. Back in 2015, Braskem purchased the 374-acre site that was formerly the SABIC/GE property from Appalachian Shale Cracker Enterprise for $10.9 million. Then things ....

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A Pulse! WV Ethane Cracker Project Comes Back from the Dead

What's this? The all-but-dead ethane cracker project planned for West Virginia has new life! (Perhaps the Shell announcement has something to do with it?) Brazilian company Odebrecht has pulled out of the Appalachian Shale Cracker Enterprise (ASCENT) project previously announced for the Parkersburg, WV area (see Odebrecht Pushes the Pause Button on WV Ethane Cracker). ....

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Braskem America files deed for former SABIC/GE site | News, Sports, Jobs

WASHINGTON, W.Va. A company who was involved with the proposed ethane cracker facility for Wood County a decade ago recently filed the deed of sale for the ....

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Wood County says Naik companies delinquent with fire fees | News, Sports, Jobs

bdunlap@newsandsentinel.com
PARKERSBURG The owners of companies involved in the 2017 IEI Plastics fire are at the top of a list of companies that have not kept up with payments of the Wood County Fire Fee.
On Thursday, the Wood County Commission released a list of the Top 10 Highest Unpaid Fire Fees from 2016 to 2020.
The county passed the fee to help local volunteer fire departments with funding for new equipment, pay bills and other related expenses.
In the top two spots were Surnaik Holdings of WV LLC and Evergreen Holdings LLC with $23,742.90 and $9,356.04 owed respectively from each.
Both companies, with a shared address in Maryland, are owned by the Naik family who owned the former Ames plant in Parkersburg, called IEI (Intercontinental Export Import), where a large scale fire occurred in late 2017 which burned for a week and required the efforts of almost 40 area fire departments to put out. At the time, the facility was used to store various materials ....

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