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Braskem Gives Up on WV Cracker – Parkersburg Site for Sale

A sad end to the hope that Braskem, the largest petrochemical company in Latin America (headquartered in Brazil), is going to build an ethane cracker in Wood County, WV, near Parkersburg. We hasten to add Braskem leaving doesn't mean someone else won't will build a cracker plant there it just won't be Braskem. News is leaking ....

United States , Latin America , Wood County , Energy Services , Industrywide Issues , Processing Plants , West Virginia ,

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 ....

United States , Brett Dunlap , Washington Works , Latin America , Appalachian Shale Cracker Enterprise , Odebrecht Pushes , Pause Button , Cracker Project Comes Back , Parkersburg Site , Energy Services , Industrywide Issues , Processing Plants , West Virginia , Wood County ,

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). ....

West Virginia , United States , Appalachian Shale Cracker Enterprise , Odebrecht Pushes , Pause Button , Energy Services , Industrywide Issues , Processing Plants , Wood County ,