In a bid to tap shale gas deposits, Shell Chemical is finalizing plans to build a US$2 bln cracker complex in either West Virginia, Pennsylvania or Ohio, three states that overlay ancient shale beds rich in natural gas. While Ohio is a relative newcomer to the shale gas industry, with production levels well below those established in Pennsylvania and West Virginia, the state’s re-emerging auto industry and its well-established polymer and chemical industries pose ready markets for the new petrochemical plant.
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