The Cracker: Plans to upgrade Wilton site to US shale gas ‘will create hundreds of jobs’
Aug 14, 2014 17:11 By Kelley Price 0 Comments
SABIC UK will convert its massive plant to take US shale gas in a “very significant” investment :: £9m secured from Regional Growth Fund
Sabic has announced major upgrade of its Cracker Plant at Wilton
Major plans to upgrade Wilton’s Cracker will create many hundreds of construction jobs – and safeguard thousands more on Teesside.
SABIC UK will convert its massive plant to take US shale gas, in a “very significant” investment that will make it one of the most competitive facilities of its kind in Europe.
Bosses say the work, due to be finished in 2016, will secure the long-term future of the Teesside business.
A series of ‘future-proofing’ measures was announced by the company last year after it suffered a global drop in demand for products.
The 223-acre Cracker (Olefins 6) was built in 1979 and makes the essential chemical building blocks for everyday items from toothbrushes to TV and car parts – but sales have been hit by cheaper foreign manufacturers.
A ‘shale revolution’ in the States has made large supplies of competitively priced gas available.