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March 26, 2020

Asian firms ink economic development deal for multibillion-dollar Ohio ethane plant

  • Thousands of workers would be needed to build the plant in southeast Ohio.
    Associated Press

    CLEVELAND — A partnership of two Asia-based companies proposing to build an ethane “cracker” plant along the Ohio River announced Wednesday it had reached economic development agreements that would pay a school district and a township more than $47 million in coming years.

    In return, the companies would receive a 15-year property tax exemption for the plant through a state enterprise zone program.

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