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GPCA: ExxonMobil will continue to seek opportunities in the Mideast

12:16 PM MST | November 20, 2013 | Natasha Alperowicz in Dubai

In his keynote address at this year's GPCA forum, Stephen Pryor, president of ExxonMobil Chemical talked about feedstock innovation and its impact on the global chemical industry. “Feedstock is the lifeblood of our industry and we had an unexpected transfusion in the US in the form of shale gas,” he said. Because of shale, North America is likely to be as significant as the Mideast in petrochemicals. But although shale is a game-changer in the US, with sufficient quantities to cover gas demand in the US for 100 years and for export, it has to be...

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