Appalachian Resins, Inc. completed talks this week with the Monroe County Port Authority to lease approximately 50 acres for the plant in Clarington. Company officials say the petrochemical plant will produce 600 million pounds of ethylene and polyethylene plastics each year.
CEO James Cutler said that the has focused on southeastern Ohio because of its proximity to both the Utica and Marcellus shales, which will provide the natural gas liquids needed for production.
Cutler said that Appalachian Resins will hire around 200 local employees by the time the complex goes online in early 2019. The company says it will work with local technical schools to make sure everyone has the proper training to do their jobs.
News of the petrochemical plant comes about a month after the county's largest employer, the now-defunct Ormet Corporation facility, laid off its last remaining employees. Monroe County had 12.2 percent unemployment in July, the highest jobless rate in the state.