19 April 2012 18:06 [Source: ICIS news]
FREEPORT, Texas (ICIS)--Dow Chemical's complex in Freeport, Texas, will gain a large cost advantage from the cracker and propane dehydrogenation (PDH) units the company plans to build there, an executive said on Thursday.
Both new units will rely on low-cost natural gas liquids (NGLs), made available from the advent of shale gas in the US.
Those cost advantages should secure about 20 years of good growth for the complex, said Jim Fitterling, Dow executive vice president and president of feedstocks & energy and corporate development.
Fitterling made his comments on the sidelines of a Dow presentation, where the company announced its plans to build an ethane cracker at its Freeport complex.
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|