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Chemical Week Magazine :: Cover Story

Petrochemicals: Falling crude prices complicate capital plans

6:36 AM MDT | March 20, 2015 | —Clay Boswell

North America’s natural gas and natural gas liquids (NGLs) remain cost advantaged, but with oil prices at half their previous level, the returns expected for some projects may not be as compelling or reliable as once thought. Add to these considerations the ongoing resource crunch created by so much construction, and incentive is growing to postpone final investment decisions or even cancel projects....

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