Analyst Predicts 6 Big Cracker Plants Coming to Marcellus/Utica!
At last year's Utica Summit III event held in Stark, OH, Tom Gellrich of consulting firm TopLine Analytics, a company that “closely follows ethane markets,” said he thinks the first ethane cracker to get built will be the Shell cracker plant in Beaver County, PA. He was right. Shell announced their official decision to move forward earlier this year. At that same event Gellrich said he thinks the Marcellus/Utica region will see three, possibly four, ethane crackers built (see Expert Tells Utica Conference NE Will See “3 or 4” Cracker Plants). The Utica Summit IV was just held, this time in North Canton, OH. Gellrich once again addressed the conferees and this year he's upped the number. Now Gellrich believes it is "likely" that a "half-dozen multi-billion-dollar plants" will get built in PA, OH and WV...
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