Shell CEO Admits Monaca Cracker Plant Won’t Be Fully Operational Until 2025/26

Posted by John Donovan 6 Aug 2024

Well, folks, brace yourselves for some groundbreaking news from our favourite environmental hero, Shell. During the recent second-quarter update call, Shell’s illustrious CEO, Wael Sawan, dropped a bombshell: the mighty Monaca ethane cracker in Beaver County, PA, will only be “fully operational” by 2025 or 2026. Yes, you heard that right – this masterpiece of petrochemical wizardry is still limping along.

In an awe-inspiring display of corporate spin, Sawan gushed over the “progress” at the plant. Oh, the thrill of stable polyethylene production! It’s a marvel how Shell manages to turn extracting and polluting into such a noble cause. The Monaca plant, which opened in 2022, is Shell’s pride and joy, especially since it’s the first major U.S. resin operation built outside of Texas or Louisiana in over 40 years. Bravo, Shell, for proving that environmental destruction can happen anywhere!

During the Aug. 1 earnings call, Sawan waxed lyrical about the plant achieving “stable production” and refining its “high grade product slate.” He even promised they were certifying other products. Stable production, you say? How reassuring. It’s like hearing the Titanic is now steadily sinking.

In a moment of sheer genius, Sawan revealed that Shell is diligently working on its cost structure and striving to cut overheads. Because if there’s anything the planet needs, it’s Shell finding more ways to squeeze every last drop of profit from our dwindling natural resources.

Meanwhile, Shell’s polymers general manager, Laura Chamorro, couldn’t resist chiming in. She boasted about the North American polyethylene producers’ feedstock advantage thanks to natural gas. Chamorro proudly highlighted that Shell’s portfolio includes linear low and high-density polyethylene, with a focus on the North American market. So, rest easy, America. Shell’s got your back, filling the landfills with high-grade plastic.

Let’s all raise a glass to Shell for their relentless pursuit of profit and pollution, and for giving us something to look forward to – like a fully operational polyethylene plant… eventually.

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