Shell plans to complete construction at Pennsylvania petchem project by 2022: CEO
PETROCHEMICALS: 04 Feb 2021 | 21:06 UTC: New York
- AuthorJacquelyn Melinek
- EditorDerek Sands
New York — Shell Chemical announced that construction at its $6 billion petrochemical complex in Pennsylvania is expected to be completed in 2022, Shell CEO Ben Van Beurden said during an earnings call Feb. 4.
Shell previously expected the Pennsylvania project to start up in the first half of 2021 after suspending work in mid-March 2020 due to coronavirus pandemic concerns.
The project includes a 1.6 million mt/year cracker and three polyethylene plants with a combined capacity of 1.6 million mt/year.
The Pennsylvania project has had its challenges last year, Van Beurden said during the call.
“We are back to almost full complement on site. It will be probably impossible to catch up the delays that we’ve had, but nevertheless, I think it is going very, very well at the moment. And the timeline, think of 2022,” he said.
Shell reported a $4.478 billion loss in Q4 2020, down from a $871 million profit in the year-ago quarter. For the year, the company reported a $19.9 billion loss, compared to a $15.27 billion profit in 2019. Shell’s chemical segment reported $367 million in earnings for the quarter, up from a $79 million loss in the year-ago period. Annual chemical earnings reached $808 million, up 69% from $479 million in 2019, reflecting higher prices in the fourth quarter on lower volumes in the COVID-19 pandemic environment.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
