plans to build an ethane cracker and three polyethylene (PE)
plants as part of a new project
in West Virginia, the
state's governor said.
The complex, named the Ascent Appalachian Shale
Cracker Enterprise, would include the ethane cracker,
three polyethylene plants, and associated infrastructure for
water treatment and energy co-generation.
A purchase option for the anticipated project
site in Parkersburg, West
Virginia, has already been secured, according to state
"Although we realize much work remains to be done, this
announcement of a potential project is tremendous news for
our state and our region," said West Virginia Gov. Earl Ray
Tomblin, who called it a "game changer" for his state.
The governor did not disclose a timeline or capacity details.
The feasibility of the project
, according to the
governor's office, will depend on several variables --
including the contracting of long-term ethane supply,
financing, regulatory approvals, and appropriate governmental
Braskem would be responsible for petrochemical
as well as the commercialization of the polyethylene after
the investment is completed.
As the United States leader in polypropylene
production and with a significant footprint already in the
region, we are excited about todays announcement,
said Fernando Musa, CEO of Braskem America. Should
Ascent materialize, we look forward to serving our clients in
the polyethylene market.
The state of West Virginia is close in proximity to both the
Marcellus and Utica shale plays, giving it easy access to
natural gas-based feedstock