U.S. liquefied natural gas (LNG) projects, that in 2022 saw strong interest from buyers abroad willing to lock themselves into long-term contracts, this year face a more reluctant buy side...
Nine out of 10 petrochemical players believe there will be a second wave of investment in downstream projects, but most believe it will be smaller and slower than the first wave, according to a Petrochemical Update poll.
The U.S. is in place to be the most competitive global manufacturer of chemicals as a result of hydraulic fracturing and natural gas, and the wave of investments is far from over, the American Chemistry Council (ACC) told Petrochemical Update.
Rapidly growing U.S. ethylene production and investment in new polyethylene (PE) capacity will increase North American PE production to more than 54 billion pounds by 2020, up from about 44 billion pounds in 2015 as supply grows faster than domestic demand,...
The shale boom has boosted natural gas liquid (NGL) supply and accessibility to these feedstocks will be a key driver of future petrochemical plant investments, analysts told Petrochemical Update.
The U.S. Gulf Coast will see the first wave of petrochemical projects begin operations in 2017 and learnings on areas such as feedstock availability and operating margins are spurring strategic decisions on a second wave of construction, analysts told...
