Royal Dutch Shell Plc  .com Rotating Header Image

Shell defends Pennsylvania project as outside report questions its viability

BY FRANK ESPOSITO: JAN 5, 2020

Shell Chemical says the development of a major plastics and petrochemicals complex under construction near Pittsburg remains “important”  to its overall global effort, despite a report that questioned its viability. 

In an email to Plastics News, Michael Marr, Shell business integration lead, responded by saying that Shell’s chemicals business at Monaca, PA., “enjoys strong fundamentals” and that the Pennsylvania project “is an important part of our global effort to build-out new business models that will allow Shell to participate and thrive in the energy transition.”

He added that the project is particularly advantaged given its…

FULL ARTICLE (SUBJECT TO SUBSCRIPTION)

RELATED FT ARTICLE PUBLISHED 7 JUNE 2020

Plastic demand to tumble despite its importance in Covid-19 battle

The downturn heightens the risks of an oversupply of plastics, following massive investments over the past decade into new petrochemical complexes.

In the US, more than $200bn has been promised by companies including Dow, Royal Dutch Shell and ExxonMobil for huge facilities fed with cheap raw materials from shale extraction.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.