In early June, Shell joined Dow Chemical in announcing a new US ethylene cracker to be built in coming years. Many other firms, including LyondellBasell and Chevron Phillips Chemical, are also considering such plans given recent shale gas discoveries. By 2020, how many new crackers will be built in North America?

  • 23%
  • 46%
  • 18%
  • 13%

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As low oil prices make naphtha cracking margins in Europe and Asia more competitive, are investments in new, ethane-based petrochemicals capacity in the US and Middle East becoming less attractive?




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