Wednesday, March 07, 2012

Cracker Plant

'Cracker' plants hold promise of more jobs
Wednesday, March 07, 2012
By Erich Schwartzel and Laura Olson, Pittsburgh Post-Gazette
Falling natural gas prices and campaigns from Pennsylvania lawmakers have revved up the next step of the Marcellus Shale drilling boom: the petrochemical chapter, a development phase that could promise the kind of construction and job creation not seen in the region since steel's heyday. Numerous energy firms and chemical companies are eyeing the tri-state region for locations to build plants that can take gas and other compounds extracted from the ground and process them for use in everyday products such as clothing or carpeting. Western Pennsylvania's ready supply of high-value natural gas liquids has hastened the development. It's even started an interstate battle, with legislators courting multinational companies such as Royal Dutch Shell with come-hither tax incentives.
- Erich Schwartzel and Laura Olson, Pittsburgh Post-Gazette
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