Developers postpone planned plastics manufacturing facility in Ohio

first_imgDevelopers postpone planned plastics manufacturing facility in Ohio FacebookTwitterLinkedInEmailPrint分享Inside Climate News:The developers of a proposed plastics manufacturing plant in Ohio on Friday indefinitely delayed a final decision on whether to proceed, citing economic uncertainties around the coronavirus pandemic.Their announcement was a blow to the Trump administration and local economic development officials, who envision a petrochemical hub along the Ohio River in Ohio, Pennsylvania and West Virginia.Environmental activists have opposed what they say would be heavily polluting installations and say bringing the petrochemical industry to this part of Appalachia is the wrong move for a region befouled for years by coal and steel.Thailand’s PTT Global Chemical America and South Korea’s Daelim Industrial have been planning major investments in the $5.7 billion plant, 60 miles southwest of Pittsburgh, for several years.On the site of a former coal-fired power plant, the facility would have turned abundant ethane from fracking in the Marcellus and Utica shale regions into ethylene and polyethylene, which are basic building blocks for all sorts of plastic products.In March, financial analysts with IHS Markit, a global information and data company, and the Institute for Energy Economics and Financial Analysis (IEEFA), a nonprofit think tank, agreed the project was in trouble even before the coronavirus began to shrink the global economy.  A global backlash against plastics, low prices and an oversupply of polyethylene, were all signs of troubling economic headwinds before Covid-19 sent world oil prices tumbling, disrupting the petrochemicals industry.[James Bruggers]More: Developers put a plastics plant in Ohio on indefinite hold, citing the Covid-19 pandemiclast_img read more

Jamaica poised to become regions Top Cruise Destination

first_img Related Items:#magneticmedianews Recommended for you The Luxury of Grace Bay in Down Town Provo Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppMontego Bay, Jamaica, February 8, 2017 – Minister of Tourism, Hon. Edmund Bartlett, says Jamaica’s hosting of the six largest ships in the world is proof that the island is poised to become the region’s number one cruise destination.Mr. Bartlett, who recently returned from a five-day trip to Nassau, Bahamas, where he attended an important meeting of the Caribbean Tourism Organization’s (CTO) Council of Tourism Ministers and Commissioners, said having the world’s largest cruise vessels simultaneously calling on a single destination is a rarity and something of which Jamaicans should be proud.“This speaks of the unwavering support the cruise lines have for Jamaica and our tourism product,” he told JIS News.  “We have to remember that we are in a very competitive region where these ships can go anywhere. There is nothing in the rule book that says they have to come to Jamaica. The fact that we have these large and expensive mega liners calling at our ports should tell us that we have come a long way and should continue to build on our tourism offerings,” he noted further.Currently, the Port of Falmouth is hosting the three largest cruise ships in the world – Harmony of the Seas, Allure of the Seas, and Oasis of the Seas, which are all Royal Caribbean Cruise Lines (RCCL) vessels.  Ocho Rios is hosting the Norwegian Epic, the Norwegian Pearl and the Carnival Vista.  A fourth ship in the RCCL’s Oasis luxury fleet, which is under construction and set to replace Harmony of the Seas as the biggest ship in the world, could be added to Jamaica’s itinerary in November 2018.Mr. Bartlett pointed out that the Falmouth Port, which is easily the largest in the region, has the capacity to accommodate all the Oasis class vessels.  “Popular destinations like the Cayman Islands, where at best the ships would have to be tendered, can make no such claim.  The onus is now on us to create the kind of environment where we can fully capitalize on having these large vessels calling on our ports,” he pointed out.The Tourism Minister said the beautification work being carried out in Falmouth is very important, adding that “we have to ensure that the people of Falmouth also benefit from what is happening in the town.  We also have to ensure that when the visitors get off the ships their expectations of a day in Jamaica are fully realized,” he added.  “We want to see them walking the streets and interacting freely. It is very important that we make their stay as enjoyable as possible where they can become future stopover visitors,” he said.The work in Falmouth, being carried out by the Port Authority of Jamaica (PAJ), includes cleaning, landscaping, planting of flowers, social and community outreach, and the enforcement of public-order statutes.  Minister Bartlett noted the recent meeting with cruise line owners in Miami, led by Prime Minister, the Most Hon. Andrew Holness, was “a turning point” for the island’s cruise sector.“That was the meeting where Mickey Arison, the owner of Carnival Cruises, the biggest cruise line in the world, made the point that it was the first time he could recall having a Jamaican Prime Minister attending one of their meetings and also the importance of having discussions at that level,” Mr. Bartlett explained.   “I personally left that meeting knowing that the onus is now on us to deliver and not to disappoint,” he added. ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDTlast_img read more