Unconventional Petrochemicals

Industry gathers for NPRA’s International Petrochemical Meeting later this month on solid footing after a year of strong recovery. U.S. petrochemical makers are especially upbeat. Swelling supplies of natural gas liquids (NGLs)—stemming from surging production of unconventional natural gas—has made U.S. chemical makers very profitable and globally competitive. Capacity additions in Asia and the Mideast will challenge higher-cost producers in Europe and Asia, but the overall outlook is favorable. Global petrochemical growth has resumed with...

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