U.S. Site Chosen For Major Refinery
PITTSBURGH (AP) – Shell Oil Co. says it has chosen a site near Pittsburgh for a major new petrochemical refinery that could provide a huge economic boost to the region.
Dan Carlson, Shell's General Manager of New Business Development, said Thursday that the energy company signed a land option agreement with Horsehead Corp. to evaluate a site near Monaca. That's about 35 miles (56 kilometers) northwest of Pittsburgh.
Shell says it could spend several billion dollars to build an ethylene cracker plant that converts natural gas liquids to products including plastics, tires and antifreeze.