IHS WPC 2012: North American Shale Developments Reshaping Global Ethylene Markets

A significant premium in crude oil prices relative to natural gas has made ethane-to-ethylene economics in North America very profitable once again. Midstream energy and petrochemical companies are making significant investments in the North American market to leverage low-cost natural gas and natural gas liquids (NGL) feedstocks, Mark Eramo, v.p./research and analysis at IHS Chemical told attendees at the IHS World Petrochemical Conference currently being held in Houston....

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