Asian Chemical Connections
Many of the planned new US cracker projects are moving forward, and are on track for completion by around 2017, said companies and a major engineering and construction firm.
"We are optimistic that at least six, if not all seven announced new crackers will be built, generally within the 2017 timeframe as a goal," said Richard Meserole, vice president, construction, for Fluor's Energy & Chemicals Group.
INSIGHT: Opening the doors to global ethane trade
"Shipping firms want to capture business in this emerging market."
VIDEO: ICIS Special Report - US shale and ethane