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Appalachian Resins leases land in Ohio for $1-billion project

8:49 AM MDT | August 28, 2014 | Natasha Alperowicz

Start up company Appalachian Resins (Houston) is leasing land in Salem Township, OH for a proposed $1-billion ethylene and polyethylene (PE) production facility. Appalachian Resins had considered building a petchems complex in West Virginia, which would have utilized natural gas liquids from the Marcellus and Utica shale formations. The company has signed a land lease letter of intent with Monroe County (Ohio) Port Authority for 50 acres of land for the 600 million lb/year project. The complex in West Virginia site would only have had space for a smaller...

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