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SOUTH CHARLESTON, W.Va. — Aither Chemicals LLC has signed a Memorandum of Understanding (MOU) to launch an “Open Season” for ethylene from a potential catalytic ethane cracker in the Kanawha Valley region of West Virginia.
Aither’s agreement with Bayer MaterialScience LLC includes a non-binding Open Season to determine market interest for chemicals and plastics that would be produced by such a cracker. This could include ethylene, acetic acid, carbon dioxide and carbon monoxide for sale at competitive market pricing or use in making downstream derivatives and other products such as ethylene oxide (EO). As part of the agreement Bayer would assist in the effort to evaluate third party interest in the chemicals stated above. Several ethane suppliers have expressed interest in supplying ethane to the project.
The Open Season will run from June 22 through July 20, 2012.