Range Sending Natural Gas Liquids to Canadian Cracker Plant
Range Resources is not waiting for a new multi-billion dollar cracker plant to be built in the Marcellus region to process the natural gas liquids they’re producing in the region. Instead, Range is going to send its natural gas liquids to Canada for cracking. Natural gas liquids contain ethane which can be processed or “cracked” to produce ethylene, a raw material used to make plastics.
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The man perhaps as responsible as anyone for turning the word Marcellus Shale into a household word along the Atlantic region of the United States will take the reigns of Range Resources as its CEO starting January 1 of next year.