YOUNGSTOWN, Ohio — PTT Global Chemical has selected the former Dilles Bottom coal-fired power plant in Belmont County as the site for the $5.7 billion ethane cracker plant the company is considering whether to build in Ohio. The site was disclosed in an investor presentation that the Thai-owned company made May 15. JobsOhio announced April […]
News & Blog
Angel group formed to help economy in Tri-State
ASHLAND – The Tri-State Angel Investment Group, formed earlier this year, has made an initial $100,000 investment to help local businesses start up or expand and bring more jobs to the area. The group of investors has raised $1.2 million to help Tri-State businesses grow, said Nick Fosson, director of the Kentucky Innovation Network office […]
America’s oil boom sputtering back to life one rig at a time
The oil boom isn’t dead after all. For the first time in five months, a rig in the Williston Basin, where North Dakota’s Bakken shale formation lies, sputtered back to life and resumed drilling for crude. And then one returned to the Permian Basin, the nation’s biggest oil play, field services contractor Baker Hughes Inc. […]
Bellisio dishes out donation to JCEDB
As a part of the company’s ongoing community support, Bellisio Foods has made a generous donation to the Jackson County Economic Development Board. On Wednesday, company officials Mike Evans, Ryan Wright, and Larry Sprague presented a check for $5,000 to the JCEDB and its leaders, Executive Director Jennifer Jacobs and Assistant Director Sam Brady when […]
Oil, gas industry has positive impact in Carrollton schools
Why it matters: Thanks to new revenue generated by the oil and gas boom and grants from the state, the Carrollton Exempted Village Schools District has been able to build a new training center for students and is making plans to build a new K-12 building. School and local officials attribute the growth to the […]
Fluor awards $50,000 to Rural King
Fluor-B&W Portsmouth has given a $50,000 grant to Rural King. Last summer Fluor was approached about an unnamed business, code-named “Project Helicopter,” wanting to purchase part of the former Masco cabinet plant and create more than 100 jobs. Fluor-B&W officials said they were immediately interested in the request, which came from Pike County officials along […]
New life coming to former Merillat facility
The incentives approved by the Tax Credit Authority in the state capital was another step forward in the pivotal movement of Speyside Bourbon Cooperage, Inc. (SBCI) locating a new cooperage at the former Merillat Cabinet facility on East Main Street in Jackson. The announcement of the action by the Tax Credit Authority was issued by […]
OU Researcher gets $3M To Test Fracking Wastewater Treatment
A mechanical engineering professor at Ohio University’s Russ College of Engineering and Technology has received a $2.9 million award to test his novel hydraulic fracturing wastewater treatment method on a commercial scale. Supported by funds from Ohio Third Frontier, Ohio University, and partner companies RF Advanced Technologies Group and Babcock & Wilcox, Associate Professor of […]
Economic impact of oil and gas boom a positive for eastern Ohio
WALNUT CREEK – An Ohio State economics professor believes Ohio should use the economic windfall from the oil and gas boom to create a legacy of prosperity for the region. “We’ve got to hold our policy makers accountable for using these windfalls responsibly,” Matthew Roberts told those in attendance Friday at the Eastern Ohio Development […]
Ohio moves step closer to landing natural gas cracker plant
April 22–One proposal to build an ethane cracker in Appalachia took a step forward this week while another hit a delay as companies mull the economics behind spending billions of dollars to convert shale gas to chemicals. Ohio Gov. John Kasich announced Wednesday that PTT Global Chemical, Thailand’s largest integrated petrochemical and refining company, along […]
