Dirt Being Moved at PTT Ohio Ethane Cracker Site – Still no FID

Credit: WTOV (click for larger version)

It’s that time of year again, when we hear rumors that PTT Global Chemical will make a final investment decision (FID) about their $7.5 billion ethane cracker project planned for Dilles Bottom in Belmont County, OH. The decision is always “coming soon.” Hopefully. Maybe. Any day now. But maybe not until next year. Can you tell we’ve grown weary of the rumors? This time it might (underscore MIGHT) be different. This time it’s not rumor but some action that caught our interest. Steubenville, Ohio TV station WTOV has video of dirt being pushed around at the site. Which we take to be a good omen.

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