16 April 2010 18:10 [Source: ICIS news]
By Stefan Baumgarten
TORONTO (ICIS news)--Natural gas liquids (NGLs) from the US Marcellus shale gas basin could be a “great opportunity” for chemical producers at Canada’s Sarnia petrochemicals hub in southern Ontario, a Canadian industry official said on Friday.
Podruzny was commenting on plans by NOVA Chemicals and
The NGLs would feed NOVA's petrochemicals complex at Corunna, near Sarnia, but could also supply other chemicals producers there.NOVA has capacities for over 6.5bn pounds/year (2.9m tonnes/year) of basic petrochemicals and 3bn pounds/year of refinery and energy products at Corunna, according to its website.
Meanwhile, Canadian energy firm Enbridge has said it may build a potentially rival NGL pipeline to ship NGLs from Marcellus to markets in the
In related news,
The move - the first big investment by Reliance in the
However, estimates for available gas and NGLs from Marcellus still vary widely because not enough wells have yet been drilled to narrow the range, analysts said.
($1 = €0.74)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections