Appalachian Region Looks to Asia to Revive Economic Hopes -
"A Thai chemical company and, more recently, its new South Korean partner, are taking halting steps toward building a multibillion-dollar petrochemical plant in eastern Ohio that would 'crack' molecules of ethane, a byproduct of natural gas drilling, into the raw material used to produce plastic products."
Why this is important: The abundance and low price of natural gas liquids ("NGLs"), including ethane, in the Appalachian Basin makes it a prime location for more than the single cracker plant currently planned by Shell Chemical Appalachia in Beaver County, Pennsylvania. Currently, petrochemical plants of this nature are clustered around our Gulf Coast....
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