MarkWest: $2.2B in Marcellus/Utica, Bring on the Cracker Plants!
MarkWest Energy, a major Marcellus and Utica midstream company, is investing $2.2 billion in the Marcellus/Utica region in pipelines, processing and fractionation plants. According to MarkWest, they have enough work in the northeast to keep them expanding for the next five years. One of the main services offered by MarkWest is removing ethane from raw natural gas. Their plan is to ship the ethane to either Canada or the Gulf Coast via pipelines. However, they’d love it if the region had “several cracker plants.” Here we go again with more cracker talk!
A good overview of MarkWest’s several billion dollar investment in the northeast, and their belief that the region needs its own cracker plant: