The Charleston Area Alliance is pleased with today’s announcement that a petrochemical complex, which would include an ethane cracker, is being evaluated for West Virginia. We commend the governor, his economic development team, as well as biopolymers producer Braskem, for this commitment to our great state.
For several years, the Alliance has worked closely with Braskem as part of our ongoing support of energy and chemical-related economic development sectors. A team was assembled, which included our partners at MATRIC, the West Virginia Oil and Natural Gas Association (WVONGA), the Chemical Alliance Zone (CAZ) and many others in both the private and governmental sectors, to provide expert assistance to the company and facilitate other efforts and activities to help bring about this great announcement for West Virginia.
We are pleased that plans to construct an ethane cracker in our region aremoving forward. With its proximity to chemical companies located in the Kanawha Valley, the downstream benefits for our region will be material. This strategic announcement, in tandem with the WV Technology Park facilities, the Chemical Alliance Zone’s Incubator, MATRIC’s unique capabilities, and the chemical operator training program at Kanawha Valley (now Bridge Valley) Community andTechnical College, are part of the ecosystem that will drive the chemical industry of tomorrow.
This is a key component of the Alliance’s Vision 2030 economic roadmap, a systems approach to diversifying our economy. Changing an economy takes time, but today’s announcement is helping us take a giant leap Forward to the Future.