Tag Archives | ethane

Mardi Gras for US petrochemicals

Interesting comments from Wells Fargo analyst Frank Mitsch attending the IHS Global Petrochemicals Conference in Houston, Texas, which had record attendance of around 1,200. “The mood is rather jovial, with every other sentence containing shale gas and cheap ethane,” said Mitsch. “The Middle East, long thought to be advantaged, is having to shift its slate […]

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US ethylene and PE margins headed for a record in Q1

It’s going to be a bonanza in the first quarter for US ethylene and polyethylene producers using ethane/propane feedstock. Buoyed by abundant natural gas liquids (NGL) production from shale gas, margins are headed for record highs, even as spot ethylene prices come off a bit, noted Susquehanna International Group analyst Don Carson. “With increases in […]

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