Enviros Warn Of Safety Dangers From Planned Belmont County Petrochemical Plant

S Korean Firm Joins Ohio Effort To Build Petrochemical Plant

S Korean Firm Joins Ohio Effort To Build Petrochemical Plant

Gov. John Kasich said a pair of worldwide energy firms now control about 500 acres of property needed to build the planned Belmont County ethane cracker, a project he said could now cost up to $10 billion.

Officials said that since this is a large and complex project, it will take time.

Kasich on Monday called the partnership between Seoul-based Daelim (day-LIHM') Industrial and Thailand's PTT Global Chemical a "game-changer" for the proposed ethane "cracker" in eastern Ohio's Belmont County.

"If we get it, this will be one of the most significant projects in the history of the state of Ohio", Kasich said.

A report over the weekend suggested that Ohio's job growth for the last two years under Republican Gov. John Kasich was only slightly better than in the last two years under Democratic Gov. Ted Strickland.

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A labor representative at the event in Columbus, which was livestreamed online, said a "couple thousand" tradesman would be needed to construct the facility if it moves forward, but Shell's Pennsylvania plant is expected to employ 6,000 workers at peak construction and another 600 once operational in the early 2020s. The proposed plant has languished in the planning stages for years. "We thank both companies for their continued efforts and all those at JobsOhio who are working tirelessly to bring this project to fruition".

Monday, Daelim Petrochemical Division CEO Sean Sang Woo Kim said the Dilles Bottom site offers many advantages, such as proximity to plastics markets in the northeast. "We will go through an assessment process to determine if there are any violations", Butler said.

Kasich said President Donald Trump's tariffs on foreign steel and aluminum would likely increase the cost of the Belmont County project, but said he did not believe this would deter investors.

Officials said a final investment decision has not been made, but they are hoping to reach a decision, soon.

"It's a great day for Belmont County, the state of Ohio and the entire Ohio Valley", Thomas said. In the last month, Minor said PTTGC bought the nearby 300-acre site owned by the Ohio-West Virginia Excavating Co.

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