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US chemicals production set to accelerate on shale benefit

4:27 PM MST | December 11, 2013 | Robert Westervelt

US chemical makers are firmly “back in the game” thanks to the cost advantage enabled by low-cost shale feedstocks, according to ACC’s year-end review and outlook. US chemical production was up 1.6% in 2013 and is expected to rise 2.5% in 2014 and 3.5% in 2015, says Kevin Swift, ACC chief economist and managing director. “Following a decade of lost competitiveness, American chemistry is reemerging as a growth industry,” Swift says....

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