More than $200 billion is expected to be invested in U.S. petrochemicals as the region becomes an energy exporter, and this unprecedented growth has created a new set of core challenges for...
As the U.S. economic expansion nears the longest in history, other countries' economies are slowing and trade battles are expected to hit the hardest just as major new U.S. capacity is starting up.
Cheap and abundant feedstocks, a booming economy, tax breaks and improved investment capital have led to even more investment in the U.S. petrochemical market. While the growth is spectacular for corporate earnings and regional market dependence, the need to...
The $11bn worth of tariffs on U.S. chemical and plastics exports enacted by China put almost $18bn in U.S. economic activity at risk along with nearly 55,000 US jobs, the American Chemistry Council (ACC) said.
Enterprise plans to develop an offshore crude oil export terminal off the Texas Gulf Coast, which will be capable of fully loading supertankers, or Very Large Crude Carriers (VLCC), signaling the next phase in the U.S. journey to becoming a major energy...
While US petrochemical companies prepare to export more chemicals than ever before, a new report found that supply chain budgets are surging as the industry catches up to the profound downstream growth.
Land-locked oil producers are running out of options to get key feedstock to market as pipeline and rail capacity fills up and the truck driving shortage intensifies.
