April 2013

Special Report: Petrochemical Developments

Shale energy resources driving resurgence for ethylene industry

The abundant supply of North American shale energy resources is proving to be not only a boon for exploration and production (E&P) companies and energy consumers, but it is also changing the profitabi..

Eramo, M., IHS Markit

The abundant supply of North American shale energy resources is proving to be not only a boon for exploration and production (E&P) companies and energy consumers, but it is also changing the profitability landscape for the continent’s ethylene producers. According to a recently published report, these shale energy resources are driving chemical industry job growth, low-cost ethylene production, significant profitability, and a competitive resurgence for the continent’s producers of ethylene, one of the most essential building-block chemicals in the petrochemical industry.1 Renaissance for North American producers In the US, due to the forecasted low-cost feedstock scenario prov

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