Appalachian Resins puts Ohio ‘cracker’ project on hold

Houston-based Appalachian Resins Inc. (AR) has decided to put its ethane “cracker” project in Monroe County, Ohio on hold, reports Rigzone. "Looking at the timing, we are not able to get ahead of the two other projects," AR President Bob Mifflin told the oil and gas news site, referring to ethane crackers proposed by PTT Global Chemical and Marubeni Corp. in Belmont County, Ohio, and Shell Chemical in Beaver County, Pennsylvania. Mifflin said those larger, multibillion-dollar projects are on track to reach critical development milestones before AR could with its smaller project. For more, read the full story.