Shell Oil recently announced a land-option agreement with Horsehead Corporation to evaluate a Beaver County site for a potential petrochemical complex, including an ethane cracker facility, according to a news release issued by Pa. Gov. Tom Corbett’s office.
Corbett said in the release that the Shell plant, if constructed, has the potential to be “the single largest industrial investment in the region in at least a generation.”
A study by the American Chemistry Council estimated that more than 10,000 new permanent jobs would be created as a result of the facility locating to the region and Shell expects 10,000 construction jobs will result from site development.