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Old 03-16-2012, 10:38 PM
 
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Ethane cracker plant might be built in Institute* - News - The Charleston Gazette - West Virginia News and Sports -

Here's a pretty nice ray of hope for the Kanawha Valley and WV. It is about a tenth of the investment of Shell, but the process lends itself to lower capital and operating costs. It is about a $300 million investment (not subject to the tax cuts just passed for $2+ billion plants), and they project $500 million in annual sales.
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Old 03-16-2012, 11:59 PM
 
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That is good news for Kanawha and probably for the Northern Panhandle as well. I have read that Aither was active in the process.
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Old 03-17-2012, 01:09 AM
 
Location: Winfield, WV
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Nice to hear. Hopefully this will drive out competition?
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Old 03-17-2012, 08:40 AM
 
Location: ADK via WV
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Great news! Chemical Valley is making a come back.
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Old 03-20-2012, 05:39 AM
 
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An update to this story:
Commerce secretary 'optimistic' about Institute 'cracker'* - News - The Charleston Gazette - West Virginia News and Sports -

It appears there's just some contract language to work out, but it appears as though the Institute cracker is a go. It is a considerably smaller project than Shell's, but a lot of the capital investment needed for equipment and piping is already on-site provided by Bayer.

Also, there's a little nugget about a third cracker. It mentions it as a possibility, but they way they talked made it seem like Brazil-based Braskem has narrowed its site selection to a site in Wood County. My guess would be it would be somewhere between Aither's and Shell's investments, upwards of $750 million.
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Old 03-23-2012, 06:49 PM
 
Location: Washington, WV
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Quote:
Originally Posted by elewis7 View Post
An update to this story:
Commerce secretary 'optimistic' about Institute 'cracker'* - News - The Charleston Gazette - West Virginia News and Sports -

It appears there's just some contract language to work out, but it appears as though the Institute cracker is a go. It is a considerably smaller project than Shell's, but a lot of the capital investment needed for equipment and piping is already on-site provided by Bayer.

Also, there's a little nugget about a third cracker. It mentions it as a possibility, but they way they talked made it seem like Brazil-based Braskem has narrowed its site selection to a site in Wood County. My guess would be it would be somewhere between Aither's and Shell's investments, upwards of $750 million.
The location in Washington bottom (Wood County) has to be the premier location for a plant anywhere in the state. It's expansive, table-top smooth, above the flood plain, and a mile from the brand new Corridor D.
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