News

Western PA firm extends Shell cracker plant option

Written by The Associated Press | Dec 26, 2012 12:14 PM
Marcellus Shale

(Monaca) -- A western Pennsylvania company says it has given Shell Oil Company six more months to decide whether it wants to buy land for a proposed petrochemical plant.

Shell said in March that the site about 35 miles north of Pittsburgh was its first choice to build a multi-billion dollar plant, but that extensive evaluations had to be done.

The so-called cracker plant would convert natural gas liquids from the Marcellus Shale into more profitable chemicals such as ethylene, which is used to make plastics and other products.

The purchase option with Horsehead Corporation was set to expire at the end of the year.

Shell always said it was years away from making a final decision.

The site is currently home to a zinc smelter, which Horsehead expects to shut down.

An in-depth look at the proposed cracker plant is available from StateImpact Pennsylvania.

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Comments: 1

  • frickfrackshale img 2012-12-28 10:39

    They'll keep extending that deadline until shell is ready to say yes. They won't close that window and miss this opportunity. shalestuff.com

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