Funding Provided for Belmont County Cracker Plant Site Preparation

Intelligencer - 07-16

DILLES BOTTOM — Nearly $100 million is being invested in site preparation work for a proposed ethane cracker plant in Belmont County. JobsOhio, a private nonprofit economic development organization, awarded a $30 million revitalization grant to PTT Global Chemical America of Thailand and Daelim Industrial Co. of South Korea, which have partnered to explore construction of a petrochemical plant along the Ohio River in Mead Township at Dilles Bottom, south of Shadyside. The companies have committed $65 million for the site work through JobsOhio for a total investment of $95 million.