Corbett: Shell Extends Land-Option, Proposed Ethane Cracker in Pennsylvania
Remains on Capital Project Short List
Harrisburg – Governor Tom Corbett commented on
today’s announcement that Horsehead Corporation has extended its land-option
agreement with Shell Chemical LP for a site near Monaca, Beaver County and has
contracted to begin demolishing select buildings at the site early next year.
world class energy industry, our skilled and productive workforce and our ideal
location are attracting companies like Shell to invest in our commonwealth and
create thousands of family-sustaining jobs,” Corbett said. “Today’s
announcement is another positive indication for Shell’s proposed plant in
Beaver County and I am committed to working in a bipartisan way to keep this
multi-billion dollar project moving forward.”
Shell narrowed its short list of major capital projects in North America,
following the announcement that the company will not move forward with the
proposed Gulf Coast gas-to-liquids (GTL) project in Louisiana and will suspend
any further work on the project.
Shell announced it has secured ethane commitments and is seeking additional
ethane suppliers to feed the proposed facility. Securing ethane supply is one
of the key components of Shell’s ongoing site evaluation process.
years ago, Pennsylvania imported 75 percent of our natural gas needs. Today, we
are competing with the Gulf Coast, a long established energy hub, for major
energy capital projects,” Corbett said. “New manufacturers are arriving and
building plants and companies with deep histories in the field are expanding
and branching out to the energy supply chain. The potential for growth is
endless and we are making Pennsylvania a key player in the conversation.”
terms of the extension beyond statements provided by Horsehead and Shell were
information about Shell’s multi-year evaluation process, visit shell.com/chemicals/appalachia.
Caras, Governor’s Office, 717-783-1116
Kratz, DCED, 717-783-1132