27 May 2011 08:39 [Source: ICIS news]
FUKUOKA, Japan (ICIS)--Shell Chemicals is studying the expansion of its ethylene capacity in North America based on low-cost ethane feedstock via shale gas, said Iain Lo, the company’s vice president, business development and ventures, on Friday.
Lo, who was speaking on the sidelines of the Asia Petrochemical Industry Conference (APIC), said: “We have 700,000 acres of shale gas assets in the US and Canada and so we feel we are in a good position.”
The first priority was examining how Shell might be able to expand its installed capacity in the region, which included cracker and derivatives operations in Louisiana and Texas, he added.
When asked whether evaluation of a greenfield cracker complex is a possibility, Sven Royall, vice president of global intermediates at Shell Chemicals, said: “Everything is on the table.”
Shell’s comments come after a raft of announcements over the last few months of studies into new crackers and debottleneckings of existing facilities by other US majors, such as Dow Chemical, ChevronPhillips Chemicals and LyondellBasell.
APIC is being held in Fukuoka on 26-27 May.
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