PTT Global Says Belmont, OH Ethane Cracker NOT Delayed
PTT Global Chemical, based in Thailand, announced in April 2015 they are interested in building a $5 billion ethane cracker plant complex in Belmont County, OH (see It’s Official: Belmont County Chosen as POSSIBLE Cracker Plant Site). From the beginning, PTT let it be known a final decision on whether or not to invest the whole $5 billion would not come until 2016 or 2017. Last week MDN picked up a story from the Bangkok Post which said the decision will definitely come in 2017, calling the decision "delayed" (see PTT Global Says OH Cracker Decision “Delayed” Until 2017). Apparently stung by that story, a local PTT spokesman in Ohio has responded to say the Bangkok story is wrong--the decision is not "delayed" and is, in fact, on track...
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