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Shell to buy Beaver County industrial site for proposed ethane cracker

A proposal to build a multi-billion dollar ethane cracker in western Pennsylvania has taken another step forward. Shell Chemical announced Friday it will buy the site of a former zinc plant in Beaver County. The cracker plant would turn ethane – a natural gas liquid being extracted in abundance from the Marcellus Shale – into ethylene, [...]

Businesses already betting on proposed ethane cracker in Beaver County

Royal Dutch Shell is still mulling over its proposal for a multi-billion dollar ethane cracker in Beaver County. However, businesses are already betting on the plant that would break down natural gas liquids into building blocks for manufacturing. The Pittsburgh Tribune-Review reports new hotels and housing could be on the way to Beaver County as engineering [...]

Shell takes final extension on Pa. site for proposed ethane cracker

Shell Chemical has signed a deal with the owners of a Beaver County industrial site that would give the company more time to decide whether to buy the land and build a multi-billion dollar petrochemical plant called an ethane cracker. It is the third time Shell has extended a land option with Horsehead Corporation, the [...]

Outgoing Shell CEO says shale investment not paying off yet

In an exit interview with the Financial Times, outgoing Royal Dutch Shell CEO Peter Voser says the company has yet to profit from its $24 billion investment into “unconventional” shale oil and gas in the U.S. Voser’s comments come just a little more than a week after Shell announced it would be selling its stake in [...]

Shell Extends Cracker Decision Window Into 2013

Royal Dutch Shell won’t be making a decision any time soon on whether or not to proceed with plans to build a major petrochemical plant in Beaver County. The energy giant’s agreement with Horsehead Corp, which owns the potential site outside Monaca, required Shell to make a determination of whether or not to proceed with [...]

As Part Of Agreement, Beaver County Pushes Energy Supplier

FirstEnergy is attempting to count all of Beaver County as its “friends and family.” That’s one dynamic of a new agreement between the county and energy supplier that has county commissioners using official letterhead to promote the utility. The Beaver County Times reports: BEAVER — Don’t be shocked if you received a letter from the [...]

Cheap Natural Gas Means More Chemical Manufacturing

Using Shell’s potential Beaver County ethane cracker as an entry point, the Wall Street Journal examines how the domestic shale boom is tied to more chemical production: It isn’t just Beaver County reaping the benefits of cheap gas. Plunging prices have turned the U.S. into one of the most profitable places in the world to [...]

Tuesday Session Will Focus On Shell Ethane Cracker

Another public meeting has been scheduled to discuss the ethane processing plant Shell is considering building in Beaver County. As the Tribune-Review reports, the session is scheduled for Tuesday: Leaders with the Allegheny Conference on Community Development will speak from 7 to 8 p.m. at Central Valley High School’s auditorium. They also will talk about [...]

Shell’s Cracker Tax Break Means Lost Revenue For Beaver County Community

Shell is considering building a multi-billion dollar chemical processing plant in Beaver County. Pennsylvania’s pitch to the company revolves around two major tax breaks: a $2.10-a-barrel tax break on ethane Shell purchases from Pennsylvania drillers, and a 15-year tax exemption called a “Keystone Opportunity Zone.” As the Post-Gazette’s Pipeline reports, that second tax break translate [...]

Shell Begins Planning Beaver County Ethane Cracker

Despite the Corbett Administration’s ongoing reminders that a Beaver County petrochemical plant is far from a done deal, Shell is moving forward with initial plans for an ethane cracker it’s considering building near Monaca. That’s what Shell representative Dan Carlson said during a public meeting in Beaver County yesterday, according to the Tribune-Review: Shell Oil [...]

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