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Coal to Chemicals

12:33 PM MDT | July 30, 2007 | Peck Hwee Sim

High crude oil and natural gas prices are pushing coal to the forefront as a lower-cost alternative energy and feedstock source. An increasing number of companies in the U.S. could start to turn to coal in a bid to secure a more reliable domestic source of energy and feedstock as well, analysts say. The successful development of coal as a feedstock source could revitalize the North American petrochemical industry, which has been losing competitiveness against low-cost regions including the Mideast and Latin America, says Mark Costa, senior v.p./corporate strategy...

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