London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Shell to announce the location of a cracker complex in the northeast of the US in January

November 18/2011

(ICIS) -- Shell expects to announce the location of its proposed world-scale ethane cracker complex in the northeast of the US in January, a company spokeswoman said on Thursday. We hope to make a decision by year-end on the site and likely would announce it in January, Houston-based Shell spokeswoman Alexandra Smith told ICIS.


Smith was commenting on an industry report released on Thursday that cited a Shell executive as saying that the company had short-listed a number of possible sites in Ohio, Pennsylvania and West Virginia.


Last month, Brian Davis, Shells head of base chemicals, told ICIS that Shell had narrowed its options down to a handful of sites on either side of the Ohio River. The options include former steel and coal manufacturing sites.


Shells cracker will tap into feedstock made available from Shells shale gas acreage in the Marcellus field, which extends through West Virginia, Ohio and Pennsylvania. Meanwhile, Canada-based NOVA Chemicals has contracted with producers in the Marcellus Shale to ship ethane to its petrochemicals complex at Corunna in southern Ontario. NOVA's Corunna cracker is only about 300 miles (483km) from the Marcellus formation.


Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.


mrcplast.com

Tags:No
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe