Aither Chemicals received $250,000 from the West Virginia Jobs Investment Trust to produce petrochemicals from natural gas liquids in the Marcellus Shale. The company says it has technology that can process NGL without building cracking plants, which can cost as much as $2 billion to build. "Aither's approach to convert ethane into petrochemicals will enhance our capability to develop this resource, retaining and creating jobs in the state," said WVJIT Chairman Keith Burdette.

Related Summaries