Metro News: Proposed Wood Co. Cracker Plant takes another step forward
The petrochemical complex planned for Wood County took a significant step Wednesday with an announcement from Antero Resources.
The petrochemical complex planned for Wood County took a significant step Wednesday with an announcement from Antero Resources. The company said it has signed an agreement to become the ethane supplier for the Ascent project announced last year for the Washington area near Parkersburg. Antero said it would provide 30,000 barrels per day of ethane that will represent nearly half of what Ascent needs to operate a cracker plant. “Today’s announcement highlights one of the important benefits of shale gas production and demonstrates Antero’s commitment to the growth of downstream manufacturing in the Appalachian Region,” said CEO Paul Rady in a prepared release. “We are excited to work with our partners at Odebrecht and Braskem to help position Ascent as a catalyst for regional economic development.” To read entire article, click here. |
