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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

IHS WPC 2012: Ethane Supply Provides Boost to U.S. Petrochemical Producers, Westlake Says

1:10 PM MDT | March 30, 2012 | Lindsey Bewley in Houston

Revolutionary changes for the North American petrochemical industry are occurring due to new shale gas resources, Skip Teel, v.p./olefins at Westlake Chemical, told attendees at IHS Chemical’s World Petrochemical Conference currently being held in Houston. “Mixed NGL production from gas plants has expanded from 1.7 million bbl/day in 2005 to 2.2 million bbl/day in 2011, with significant further growth to come,” Teel says.   Ethane production has also grown substantially, increasing from an annual average of 650,000 bbl/day in 2005 to...

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