IHS Chemical Week

Services :: Financial

Petrochemical Companies' Credit Ratings Improve from Low Natural Gas Prices

3:16 PM MDT | June 1, 2012 | Lindsay Frost

The drop in natural gas prices due to new shale-related drilling and extraction will be a positive factor for the credit ratings of U.S. petrochemical companies, according to a recent report by Standard and Poors (S&P). Chemical makers in the U.S. use more natural gas liquids (NGLs) than competitors in Europe and Asia who primarily use oil-based naphtha. The natural gas and NGLs price drop has moved North America down the global cost curve, making them have the second lowest production costs after the Middle East, S&P says. This has spurred a wave of...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa