The Columbus Dispatch, MSN.com, Akron Beacon Journal, Cleveland.com – Experts caution Ohio saying a proposed multi-billion dollar petrochemical plant may be a non-starter due to market conditions. Read article.
With the price of plastic plummeting and a global oversaturation of ethane-ethylene cracker plants and plastics manufacturing, experts are cautioning Ohio about moving forward with an ethylene cracker plant along the Ohio River in Belmont County.
State officials have touted the multibillion-dollar project, saying it would be Ohio’s largest economic development project ever. The plant would provide thousands of temporary construction jobs and a couple hundred permanent jobs.