19 March 2012 20:21 [Source: ICIS news]
HOUSTON (ICIS)--US Aither Chemicals and Renewable Manufacturing Gateway (RMG) have made progress on an announced ethane cracker for the Appalachia region, a spokeswoman for RMG said on Monday.
Ieva Abolina, a spokeswoman for RMG, said they have been working on identifying potential sites and understanding market potential, but they have made no formal announcement.
Aither and RMG said in January that they planned to build an ethane cracker to take advantage of feedstock from Marcellus Shale natural gas deposits. The project would cost $750m (€570m) over five years.
The Charleston Gazette in West Virginia reported on 16 March that Aither was going to announce plans for the cracker by Wednesday.
However, Aither CEO Leonard Dolhert later told ICIS he would not confirm nor deny the newspaper report.
($1 = €0.76)
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