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ExxonMobil Chemical Says Unconventional Gas Lifts Fortunes for Petchem Producers

11:20 AM MST | March 10, 2011 | Lindsey Bewley

The growing availability of unconventional natural gas liquids (NGLs) as a petrochemical feedstock presents an opportunity for both petrochemical and energy producers in North America, Steve Pryor, president of ExxonMobil Chemical told attendees at IHS's CERA Week currently being held in Houston. “For petrochemicals, the dimensions of this global opportunity will be shaped over decades to come, just as today's feedstocks have evolved since the birth of modern petrochemical industry nearly a century ago,” Pryor says.   Over the past 10 years...

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