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PITTSBURGH — Shell Oil Co. has chosen a site near Pittsburgh for a multi-billion dollar petrochemical plant that will convert natural gas liquids into other chemicals such as ethylene, the Daily Journal reported.
The company signed a land option agreement with Horsehead Corp. to evaluate a site near Monaca, about 35 miles northwest of Pittsburgh, according to the report.
Ohio, West Virginia and Pennsylvania had all sought the plant and offered Shell major tax incentives.
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