Shell Chemical has completed the purchase of land from Horsehead Holding for its planned US$4 bln ethane cracker plant in Monaca, Pennsylvania, as per chemicals-technology.com.
Located in the Potter and Center townships in Beaver County, the 1,000ac site was home to Horsehead's zinc smelter facility. Financial terms of the transaction have not been disclosed.
The site boasts access to liquid-rich natural gas resources and water, road and rail transportation infrastructure, power grids, and sufficient land to accommodate facilities and potential future expansions. Shell has consistently noted that receipt of the necessary permits is required before we can reach a final investment decision.
16-Jun-15 
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