PTT Further Delays Ohio Cracker Decision to 2021

In late April PTT Global Chemical, the huge Thailand-based petrochemical company looking to build a world-class ethane cracker plant in Belmont County, OH, announced it would not make a final investment decision (FID) about whether to build the Ohio cracker by mid-2020 (see PTT Postpones Ohio Cracker Final Investment Decision Indefinitely). The company would not give a new timeline, which led us to conclude this is an indefinite delay.

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