The governor of North Dakota just announced that a $4 billion dollar cracker plant will be built in North Dakota by Badlands NGL’s, LLC. With all the gas buying burned off in the Bakken, it made sense that someone would eventually make an investment to capture all that Nat Gas.
The company intends to market the majority of the polyethylene products to U.S. markets, which are closer to North Dakota than a Gulf Coast PE facility, but product will also find its way to global markets, including Southeast Asia.
Joseph Barone
President
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