Pennsylvania Shell Ethylene Cracker Plant
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Pennsylvania Shell Ethylene Cracker Plant
The Shell Pennsylvania Petrochemicals Complex is an under-construction ethylene Cracking (chemistry), cracker chemical plant, plant located in Potter Township, Beaver County, Pennsylvania, Potter Township, Pennsylvania, United States, owned and operated by Shell Oil Company, the American subsidiary of Big Oil, supermajor oil company Royal Dutch Shell. The plant is near the interchange of Interstate 376 and Pennsylvania Route 18, about from Pittsburgh. It is expected to begin operating in the early 2020s, producing over a million tons per year of plastic pellets. Due to the impacts of COVID-19, Shell suspended work causing project completion to be delayed past an earlier target of first half of 2020. In February 2021, Shell projected plant completion in 2022. Site history The location of the plant has had a long history as an industrial site. Both Horsehead Corporation and Koppers had plants on the site; Koppers unofficially incorporated the area as Kobuta, Pennsylvania, Kobuta. B ...
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Ohio River
The Ohio River is a long river in the United States. It is located at the boundary of the Midwestern and Southern United States, flowing southwesterly from western Pennsylvania to its mouth on the Mississippi River at the southern tip of Illinois. It is the third largest river by discharge volume in the United States and the largest tributary by volume of the north-south flowing Mississippi River that divides the eastern from western United States. It is also the 6th oldest river on the North American continent. The river flows through or along the border of six states, and its drainage basin includes parts of 14 states. Through its largest tributary, the Tennessee River, the basin includes several states of the southeastern U.S. It is the source of drinking water for five million people. The lower Ohio River just below Louisville is obstructed by rapids known as the Falls of the Ohio where the elevation falls in restricting larger commercial navigation, although in the 18th ...
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Koppers
Koppers is a global chemical and materials company based in Pittsburgh, Pennsylvania, United States in an art-deco 1920s skyscraper, the Koppers Tower. Structure Koppers is an integrated global producer of carbon compounds, chemicals, and treated wood products for the aluminum, railroad, specialty chemical, utility, rubber, steel, residential lumber, and agriculture industries. It serves customers through a comprehensive global manufacturing and distribution network with facilities located in North America, South America, Australasia, China, and Europe. Koppers operates three principal businesses: Performance Chemicals, Railroad and Utility Products and Services, and Carbon Materials and Chemicals. History In 1912 immigrant German engineer Heinrich Koppers founded Koppers Company in Chicago, Illinois. In 1915 the organization moved to Pittsburgh, Pennsylvania. The company founder's interest in the company was bought out by Pittsburgh financier Andrew Mellon, who became a large ...
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Beaver County, Pennsylvania
Beaver County is a county in the Commonwealth of Pennsylvania. As of the 2020 census, the population was 168,215. Its county seat is Beaver. The county was created on March 12, 1800, from parts of Allegheny and Washington counties. It took its name from the Beaver River. Beaver County is part of the Pittsburgh, PA Metropolitan Statistical Area. History The original townships at the date of the erection of Beaver County (1800) were North Beaver, east and west of the Big Beaver Creek; South Beaver, west of the Big Beaver; and Sewickley, east of the Big Beaver—all north of the Ohio River; and Hanover, First Moon, and Second Moon, south of the Ohio. Geography According to the U.S. Census Bureau, the county has a total area of , of which is land and (2.1%) is water. It has a humid continental climate (''Dfa''/''Dfb'') and average monthly temperatures in the Beaver/Rochester vicinity range from 29.4 °F in January to 73.2 °F in July. Bodies of water * The Ohio ...
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Pittsburgh Business Times
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering and ...
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Marcellus Shale
Marcellus may refer to: * Marcellus (name) * Marcus Claudius Marcellus, Roman commander Places * Marcellus, Lot-et-Garonne, France * Marcellus Township, Michigan ** Marcellus, Michigan, a village in Marcellus Township ** Marcellus Community Schools ** Marcellus High School (Michigan) ** ''Marcellus News'', a newspaper * Marcellus, New York ** Marcellus Central School District ** Marcellus High School ** Marcellus (village), New York Other uses * ''Marcellus'' (1811 ship) * Marcellus Formation, a mapped bedrock unit in eastern North America * '' Protographium marcellus'', a butterfly * '' Pseudorhabdosynochus marcellus'', a fish parasite * , a collier in service with the United States Navy from 1898 to 1910 See also * * Marsalis (other), a family of American musicians * Marcello * Marcelo Marcelo is a given name, the Spanish and Portuguese form of Marcellus. The Italian version of the name is Marcello, differing in having an additional "l". Marcelo may refer to: * ...
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Marcellus Natural Gas Trend
The Marcellus natural gas trend is a large and prolific area of shale gas extraction from the Marcellus Shale or Marcellus Formation of Devonian age in the eastern United States. The shale play encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into eastern Ohio and western New York. In 2012, it was the largest source of natural gas in the United States, and production was still growing rapidly in 2013. The natural gas is trapped in low-permeability shale, and requires the well completion method of hydraulic fracturing to allow the gas to flow to the well bore. The surge in drilling activity in the Marcellus Shale since 2008 has generated both economic benefits and considerable controversy. Although before 2008 the Marcellus Shale was considered to have inconsequential natural gas potential, it is now believed to hold the largest volume of recoverable natural gas in the United States. In 2011, the U.S. Geological Survey estimated that the Mar ...
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Pittsburgh Post-Gazette
The ''Pittsburgh Post-Gazette'', also known simply as the PG, is the largest newspaper serving metropolitan Pittsburgh, Pennsylvania. Descended from the ''Pittsburgh Gazette'', established in 1786 as the first newspaper published west of the Allegheny Mountains, the paper formed under its present title in 1927 from the consolidation of the ''Pittsburgh Gazette Times'' and ''The Pittsburgh Post''. The ''Post-Gazette'' ended daily print publication in 2018 and has cut down to two print editions per week (Sunday and Thursday), going online-only the rest of the week. In the 2010s, the editorial tone of the paper shifted from liberal to conservative, particularly after the editorial pages of the paper were consolidated in 2018 with '' The Blade'' of Toledo, Ohio. After the consolidation, Keith Burris, the pro-Trump editorial page editor of '' The Blade'', directed the editorial pages of both papers. Early history ''Gazette'' The ''Post-Gazette'' began its history as a four-page w ...
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Zinc
Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic table. In some respects, zinc is chemically similar to magnesium: both elements exhibit only one normal oxidation state (+2), and the Zn2+ and Mg2+ ions are of similar size.The elements are from different metal groups. See periodic table. Zinc is the 24th most abundant element in Earth's crust and has five stable isotopes. The most common zinc ore is sphalerite (zinc blende), a zinc sulfide mineral. The largest workable lodes are in Australia, Asia, and the United States. Zinc is refined by froth flotation of the ore, roasting, and final extraction using electricity ( electrowinning). Zinc is an essential trace element for humans, animals, plants and for microorganisms and is necessary for prenatal and postnatal development. It ...
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Site Selection
The award-winning ''Site Selection'' magazine, published by Conway Data, Inc., is the official publication of thIndustrial Asset Management Council(IAMC). The magazine delivers expansion planning information to over 44,000 readers including corporate executives, site selection consultants, and real estate professionals. ''Site Selection'' is available in a bimonthly print magazine, or on their web site. The magazine is headquartered in Norcross, Georgia. Staff Publication staff includes Adam Jones-Kelley, President; Sean Laughlin, Chief Operating Officer; Ron Starner, Senior Vice President; Mark Arend, Editor-in-Chief; Adam Bruns, Managing Editor; Gary Daughters, Senior Editor History ''Site Selection'' dates back to 1883, with the ''Manufacturers Record'' of Baltimore. It was the top business journal of its day, with information about new plants and business expansions well into the 20th century. During the 1950sMcKinley Conway purchased ''Manufacturers Record'' from the foun ...
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Pittsburgh Tribune-Review
The ''Pittsburgh Tribune-Review'', also known as "the Trib," is the second largest daily newspaper serving metropolitan Pittsburgh, Pennsylvania, in the United States. Although it transitioned to an all-digital format on December 1, 2016, it remains the second largest daily in the state, with nearly one million unique page views a month. Founded on August 22, 1811, as the ''Greensburg Gazette'' and in 1889 consolidated with several papers into the ''Greensburg Tribune-Review'', the paper circulated only in the eastern suburban counties of Westmoreland and parts of Indiana and Fayette until May 1992, when it began serving all of the Pittsburgh metropolitan area after a strike at the two Pittsburgh dailies, the ''Pittsburgh Post-Gazette'' and ''Pittsburgh Press'', deprived the city of a newspaper for several months. The Tribune-Review Publishing Company was owned by Richard Mellon Scaife, an heir to the Mellon banking, oil, and aluminum fortune, until his death in July 2014. Sca ...
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Tax Incentive
A tax incentive is an aspect of a government's taxation policy designed to incentivize or encourage a particular economic activity by reducing tax payments. Tax incentives can have both positive and negative impacts on an economy. Among the positive benefits, if implemented and designed properly, tax incentives can attract investment to a country. Other benefits of tax incentives include increased employment, higher number of capital transfers, research and technology development, and also improvement to less developed areas. Though it is difficult to estimate the effects of tax incentives, they can, if done properly, raise the overall economic welfare through increasing economic growth and government tax revenue (after the expiration of the tax holiday/incentive period). However, tax incentive can cause negative effects on a government's financial condition, among other negative effects, if they are not properly designed and implemented. There are four typical costs to tax incen ...
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Tax Competition
Tax competition, a form of regulatory competition, exists when governments use reductions in fiscal burdens to encourage the inflow of productive resources or to discourage the exodus of those resources. Often, this means a governmental strategy of attracting foreign direct investment, foreign indirect investment (financial investment), and high value human resources by minimizing the overall taxation level and/or special tax preferences, creating a comparative advantage. Scholars generally consider economic development incentives to be inefficient, economically costly, and distortionary. History From the mid 1900s governments had more freedom in setting their taxes, as the barriers to free movement of capital and people were high. The gradual process of globalization is lowering these barriers and results in rising capital flows and greater manpower mobility. Impact According to a 2020 study, tax competition "primarily reduces taxes for mobile firms and is unlikely to substanti ...
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