Monday, June 6, 2011

Shell Chemicals Announces Plans For An Ethylene Cracker In The Northeast U.S.

Shell Chemicals announced today that it is developing plans to build a world-scale ethylene cracker with integrated derivative units in the Marcellus Shale region in the Northeast. The company joins Dow and Chevron Phillips Chemical (CPChem) in the race to build the next cracker in the U.S., but Shell is the first company to specifically target the Northeast.

“Building an ethane-fed cracker in Appalachia would unlock significant gas production in the Marcellus region by providing a local outlet for the ethane,” said Ben van Beurden, Shell Executive Vice President Chemicals. “This fits well with our strategy to strengthen our chemicals feedstock advantage and would be another step in growing our chemicals business to meet the increasing demand for petrochemicals.”

Click to read the company's press release.