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Strategies for success in the US petchem industry

Chemical companies, Economic growth
By Paul Hodges on 20-Mar-2010

YouTube Mar10.pngMajor changes are underway in the US petchem and polymer market:

• Middle East/Asian production will likely eliminate the US Gulf’s historical position as ‘exporter to the world’
• The arrival of cheaper gas, and the impact of shale gas, is changing cracker feedstock slates quite dramatically
• The continuing decline in domestic gasoline demand creates potential problems, but also opportunities

I look at these issues in an article published this week in ICB, to coincide with the NPRA meeting in San Antonio, Texas. I also summaries the key points in the above video interview with Will Beacham. Please click here if you would like a copy of the article.