PTT Pays JobsOhio $20M for Failing to Build OH Cracker Plant
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