Asian Chemical Connections
At the APLA annual meeting in Rio, the buzz was on how to compete in a new world with cheap US shale gas
US shale gas is causing a major shift in Latin America's petrochemical sector as it re-evaluates its competitiveness. Large-scale projects in the region will be gas-based, while others will be scaled back or cancelled.
Petrochemical chiefs at the APLA forum called for greater efficiency
INSIGHT: Ukraine awakens US to using LNG exports as diplomatic tool
"In the past, the petchems industry refuted the economic arguments made by proponents of LNG exports. Now they must fight geopolitical ones."
VIDEO: ICIS Special Report on Turkish polymers