Petrochemicals & Plastics
Schemes to produce plastics from fracked gas have largely failed in Appalachia.
Petrochemical development hasn’t generated economic prosperity in Beaver County, Pennsylvania, research shows, and market headwinds make new buildout unlikely. Learn more about the Ohio River Valley Institute’s research on the petrochemicals industry below.
Photo: Shell’s petrochemicals complex in Beaver County, Pennsylvania. Mark Dixon, 2022
“Years ago, the oil and gas industry predicted petrochemical development would sweep across Appalachia, creating tens of thousands of jobs.
Those plans largely fizzled.”
Reports:
All research on Petrochemicals & Plastics:
How the Department of Energy Can Help Mitigate Economic and Environmental Damage from Petrochemical Development and Fracking
Senior Researcher Sean O’Leary explained the damaging effects of shale gas activity and prospective petrochemical development on the environment, residents’ wellbeing, and local economic growth in a public-facing presentation for the U.S. Department of Energy’s Office...
FIDdlesticks: Why PTTGC can’t make up its mind
Don’t look now, but it’s late-June – season of the summer solstice and the now annual announcement by PTTGC that, despite previous assurances, it must yet again delay a final investment decision on the proposed ethane cracker in Belmont County, Ohio. Recall that in...
The Future of the Ohio River Is in Sri Lanka
To see the future of the Ohio River you can look to a place that is almost its antipode: the tropical coastal waters of Sri Lanka. It’s there, some 9,000 miles away as the crow flies, that residents have recently discovered the scourge of pollution from the tiny resin...
NEW REPORT: Future Appalachian Shale Gas Drilling Unprofitable and Petrochemical Buildout Unlikely
JOHNSTOWN, Pennsylvania, March 23, 2021 – New gas field developments in Appalachia are unlikely to be profitable as the US energy system undergoes rapid decarbonization, according to a new report from the Stockholm Environment Institute's US Center (SEI) and the Ohio...
Critical Condition: “The Shale Crescent” and the Dream of an Appalachian Petrochemical Boom
On February 3rd, 2021, the Ohio River Valley Institute convened a forum of experts from finance, policymaking, and the petrochemical industry to assess the future prospects for the creation of a petrochemical hub in the greater Ohio Valley. View a recording of the...
Proposed Belmont County, OH ethane cracker project postponed . . . again
The Ohio River Valley Institute issued the following press release earlier today. FOR IMMEDIATE RELEASE Newest delay for Belmont County cracker reinforces need for new economic development strategies JOHNSTOWN, Pennsylvania, February 18, 2021 – Today’s statement in...
Plastic Market Trends Are Bad News for Appalachia Cracker Plans
The Ohio Valley petrochemical buildout is in big trouble. You know it when you hear things like this: “The Zeitgeist has shifted, and this is a permanent shift.” Those are not the words of an anti-fracking activist or an ocean conversation group. That’s the...
Three new barriers to Appalachian petrochemical expansion
How Saudi Arabia may cripple the US fracking boom and the Appalachian petrochemical buildout along with it It’s hard to conceive of a worse scenario for the nascent Appalachian petrochemical industry than a world in which the price of oil is chronically low,...
Game Unchanged . . . But, Not Unchangeable
How the greater Ohio Valley can awaken from its natural gas and petrochemical fever dream to an economic future that actually delivers jobs and prosperity “Game-changer” – It’s amazing the word doesn’t stick in their throats. For a decade, policymakers in Ohio,...