09.04.2014 • NewsAntero ResourcesBraskemDede Willams

Antero to Supply Ethane to Ascent Project in West Virginia

Brazilian oil and petrochemicals group Braskem has secured an agreement with U.S. oil and gas producer Antero Resources for supply of ethane feedstock to the Ascent (Appalachian Shale Cracker Enterprise) project at Parkerburg in the U.S. state of West Virginia.

The facilities planned, including a cracker and three polyethylene plants, would be officially built by Brazilian construction giant Odebrecht, Braskem's largest shareholder, with Braskem handling commercialization. A multi-year feasibility analysis is currently in progress.

Antero, a Denver, Colorado-based independent exploration and unconventional gas production company, would provide 30,000 barrels/d of ethane, nearly half the cracker' total daily requirement.

The company holds more than 352,000 net acres in the southwestern core of the Marcellus Basin shale area in the state of Pennsylvania and over 107,000 net acres in the core of the Utica shale area in upstate New York.

Free Virtual Event

Vaccine Manufacturing
Bioprocess Forum

Vaccine Manufacturing

Join global experts and innovators for a two-day virtual event exploring the latest breakthroughs and best practices in vaccine manufacturing. Discover how new technologies and process innovations are shaping the future of vaccine production, safety, and scalability.

Virtual Event

Digitalization in the Chemical Industry
CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.