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Unconventional Gas Lifts Fortunes for Petrochemical Makers, ExxonMobil Says

1:58 PM MST | March 11, 2011 | —LINDSEY BEWLEY

Pryor: Industry benefitting from unconventional gas. Greater availability of natural gas liquids (NGLs), the result of a surge in petrochemical feedstock from unconventional gas production, presents an opportunity for petrochemical producers in North America, Steve Pryor, president of ExxonMobil Chemical, told attendees at the IHS CERA Week meeting held last week in Houston. “For petrochemicals, the dimensions of this global opportunity will be shaped over decades to come, just as today’s feedstocks have evolved since the birth of modern petrochemical...

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