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French Total mulls new US cracker to take advantage of shale gas
HOUSTON (ICIS)--Total may build a new ethane cracker at Port Arthur, Texas, to take advantage of cheap feedstock from shale gas, the France-based energy and petrochemicals major said on Thursday.
Patrick Pouyanne, president of Total Refining & Chemical, said that in light of the impact of the US shale gas revolution on the global petrochemical industry, Total is examining a project to build a new ethane steam cracker that would be tied to the existing 1m tonne/year BASF Total joint venture cracker at Port Arthur to capture synergies while leveraging cost-advantaged shale gas-based feedstock.
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