IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

ACC report tallies benefits of announced chemical investments

9:45 AM MDT | May 31, 2013 | —Clay Boswell

By 2020, planned chemical and plastics capital projects drawn by inexpensive shale-based natural gas could yield more than 530,000 permanent new jobs in the United States, according to a new report issued by ACC. Entitled Shale Gas, Competitiveness, and New US Chemical Industry Investment—An Analysis Based on Announced Projects, the report examines 97 chemical and plastics projects publicly announced through the end of March 2013. By 2020, the report concludes that these projects, totaling $71.7 billion in potential investment, could lead to the creation of...

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