Chemical Week Magazine :: Business & Finance :: United States/Americas
IHS WPC 2012: Shale Reshapes Ethylene Markets
5:50 AM MDT | April 6, 2012 | —Lindsey Bewley in Houston
A significant premium on crude oil prices relative to natural gas has made ethane-to-ethylene economics in North America very profitable 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 recent IHS World Petrochemical Conference in Houston. “There is no doubt that the shale developments in North America will influence global petrochemical and...
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