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Petrochemical Company To Explore New Plant In Wood County
By: Associated Press
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Gov. Earl Ray Tomblin says petrochemical giant Odebrecht has chosen a site in Wood County to explore the possible location of an ethane cracker plant and three polyethlene plants.
Tomblin joined Odebrecht officials for the announcement Thursday at the Caperton Center for Applied Technology in Parkersburg.
The estimated cost and timetable of the potential project haven't been disclosed, although officials say there is a purchase option on the Parkersburg site.
Tomblin says he feels very confident that the petrochemical complex will be built.
According to its website, Odebrecht has provided services to the Brazilian oil industry for more than 50 years. Its U.S. operations are based in Coral Gables, Fla.