PTT Awards Belmont Cracker Engineering Contract to Bechtel

PTT has awarded the contract to build the Belmont, OH ethane cracker to Bechtel. At least, that’s the rumor swirling around. We have to say right up front, this information has not yet been announced and therefore is not 100% verified–but we’ve talked to a highly placed industry source and we believe it to be accurate. Below we offer insight into why we believe this information is accurate, and why PTT has not yet made their official final investment decision (FID) announcement, and when they might do so…

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