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Energy and Chemicals

Ohio: The Center of American Energy Transformation

Low-cost feedstock accessed through breakthrough technology, unrivaled proximity to markets, and over $90 billion in investment places Ohio among America’s new energy leaders

For years, the numbers were clear: The Gulf Coast was the prime location in North America for energy development investment. Today, energy investors are recognizing the greater profit potential of Ohio’s shale plays and energy infrastructure.

Ohio sits on top of much of the Utica and Marcellus shale formations, the geological structures beneath Ohio, West Virginia, and Pennsylvania that have accounted for 85 percent of U.S. shale gas production growth since the start of 2011. These shale plays contain large amounts of natural gas, natural gas liquids, and crude oils. In fact, by 2030, they are expected to account for more than 40 percent of the nation’s natural gas production.

Quick processes and supply chains

Permit issuance by the Ohio EPA within 180 days of receipt of a completed application

Ohio is #1 in polymer and plastics output

#1 in polymer and plastics output and the #1 consumer of polyolefin in the Midwest

The only thing better than having the lowest natural gas prices in the developed world is having them in proximity to customers. Ohio resides within a day’s drive of 50 percent of America’s high-demand markets and 70 percent of polyethylene demand. Not only is Ohio close to end markets, but it is also far removed from the damaging and costly effects of repeated storms and dramatic flooding.

Both Ohio’s access to plentiful, low-cost feedstocks and its location near end markets make the state a highly favorable option for midstream and downstream investments. In Ohio, producers can:

  • Take advantage of a rapidly growing energy industry that has attracted over $90.6 billion in investments along the entire value chain, including upstream and midstream developments that have resulted in downstream expansion and new construction.
  • Benefit from an efficient, start-to-finish construction process thanks to state law that requires the Ohio EPA to issue permits within 180 days. Producers will also have access to a highly trained construction workforce known for completing projects swiftly, within budget, and with minimal lost time.
  • Prosper in a vibrant market consisting of multi-modal transportation capabilities, a growing business population seeking low-cost energy, and a deregulated power market offering unique and customized plans as well as a robust electrical grid.

Many companies along the energy supply chain are located in Ohio, including Marathon Petroleum Corporation, Columbia Gas of Ohio, DuPont, Encino Energy, PPG, and Nutrien. The shale formations are adding to Ohio’s proven place as an energy leader, but Ohio’s energy leadership doesn’t stop there: the state is No. 1 in polymer and plastics output and the No. 1 consumer of polyolefin in the Midwest. Now, with one cracker plant under construction in the tri-state region and another in development, Ohio is fast becoming a new regional ethylene market.

In order to power the world, an environment with the right mix of resources is needed. Look no further than Ohio.

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Ohio's Energy Infrastructure Infographic

Ohio’s Shale Success

Team

Matt Cybulski
Matt Cybulski
Managing Director
Energy and Chemicals
+1 614 300 1370
News

Crozier Welding Grows in Ohio to Support Nearby Oil and Gas Industry

A JobsOhio Grant will help the company expand and improve logistical efficiencies
July 9, 2020

Crozier Welding LLC, a significant supplier of equipment to the oil and gas industry, plans to invest $2.5 million to move to a new facility in order to improve logistical efficiencies and allow for company expansion.

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ALTIVIA Expands for a Second Time at Ohio Facility

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ALTIVIA, the third-largest merchant supplier of phenol and acetone in the Americas, is upgrading its Haverhill, Ohio, plant for a second time since the facility was acquired in 2015. Ohio’s location and infrastructure is valuable, and the company will continue to capitalize on those advantages.

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Pipeline Project Spurs Manufacturing Investment and Job Growth

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JobsOhio’s strategic investment and crucial regulatory coordination and support for the construction of a much-needed pipeline result in early wins for economic development. The new supply of abundant, domestic energy helped the state compete and win the construction of a new manufacturing plant for high-purity nodular pig iron.

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The Shale Crescent’s Time Has Come
Blog

The Shale Crescent’s Time Has Come

Midwest shale formations are rewriting the time-honored economics in the petrochemical industry.
Wally Kandel, board member, Shale Crescent USA, senior vice president and site manager, Solvay Specialty Polymers USA
February 1, 2019

The oil and gas finds in the Marcellus and Utica shale formations located underneath Ohio, Pennsylvania and West Virginia have forever changed the outlook for petrochemical investment in the United States. Going forward, companies would do well to give this region, Shale Crescent USA, a close look before determining where in the United States to commit capital.

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