[CPEO-BIF] "Shell cracker plant spurs $7 million development loan for nearby site, " Beaver County, Pennsylvania

[Lenny Siegel <lsiegel@cpeo.org>]

Shell cracker plant spurs $7 million development loan for nearby site

By Daniel Moore 
Pittsburgh Post-Gazette (PA)
September 25, 2017

A regional site development fund has agreed to loan nearly $7 million to help an industrial park project in Beaver County get ready for possible distribution and manufacturing facilities.

And though it’s still clearing the 100-acre site and has yet to dig utility lines, the site’s developer has Royal Dutch Shell’s ethane cracker plant in mind.

Castlebrook Development Group, whose Turnpike Industrial Park property will be about 15 miles north of the cracker plant, is looking to get the site ready for construction, spurred on by the cracker development, said Pat Nardelli, founder and manager of the group.

…

For the entire article, see
http://www.post-gazette.com/business/development/2017/09/25/Shell-ethane-cracker-plant-Beaver-County-7-million-loan-Allegheny-Conference-Turnpike/stories/201709250114

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Lenny Siegel
Executive Director
Center for Public Environmental Oversight
a project of the Pacific Studies Center
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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