March 2014

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HP Petrochemicals: Rail safety becoming key issue for US, Canadian producers

The first five years of the modern shale revolution have been a boon for petrochemical producers throughout North America. While proposed energy exporters must go through lengthy approval processes an..

DuBose, Ben, Hydrocarbon Processing Staff

The first five years of the modern shale revolution have been a boon for petrochemical producers throughout North America. While proposed energy exporters must go through lengthy approval processes and build new facilities, petrochemical producers simply had to plug new and cheaper shale-derived feedstocks into their existing plants. In other words, they had no lag time. That gave the downstream North American industry a huge advantage in margins, relative to the rest of the world. LNG exports change the game Starting in 2015, things may change in a hurry. That is the year the proposed wave of LNG export projects is slated to actually begin operations, starting with Cheniere Energy’s

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