IHS Chemical Week

WPC: Shale will drive benzene derivatives in North America

10:49 AM MDT | March 22, 2013

Although shale gas has cut into North American benzene supply and raised prices, it has simultaneously advantaged the production of benzene derivatives, said Peter Feng, director/aromatics at IHS Chemical. “It seems like derivatives are going to happen,” he said. Feng spoke Thursday at IHS Chemical’s 2013 World Petrochemical Conference, at Houston. “North America [will continue] to be short on benzene, but the derivatives are going to be doing fine,” Feng said. Ethylene crackers in the region have shifted from costly naphtha feedslates to...

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