Last week MDN told you that PTT Global Chemical’s CEO signalled that a final investment decision (FID) on whether (or not) to build a multi-billion dollar ethane cracker in Belmont County, OH is coming by “mid-year 2020” (see PTT CEO Sends Loud & Clear Signal of Positive FID on OH Cracker). Here we are a few days later and the company has issued a statement to say activity at the site to push dirt around will soon slow down, perhaps even stop. But don’t worry, that’s NOT a sign (says the company) that they’ve lost interest in the project.
