CONSOL Energy CEO Predicts 2 Ethane Crackers Coming

Nick DeIuliis

Nick DeIuliis – CEO CONSOL Energy

Looks like MDN is not the only source that believes both the Shell and PTT Global ethane crackers will (eventually) get built. After all, Shell has spent half a billion (out of $2-$3 billion) on their PA-based project already (see Shell has Spent “Half a Billion Dollars” on PA Cracker Already!). They’re 20-25% of the way there! Doesn’t take a genius to connect the dots with that project. PTT Global has purchased land, is leveling the site and paid for design work on their OH-based site, spending upward of $200 million (see our PTT stories here). Now, none other than Nick DeIuliis, CEO of CONSOL Energy, is predicting both the Shell and PTT Global ethane crackers will get built…

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