US shale revolution opens up global ethane trade

 

The shale revolution has transformed the US energy and industrial landscape and with it chemicals. Planned new investment in the chemical industry has topped $160bn: the sector has been revitalised. The following recent ICIS news coverage pinpoints the opportunities and challenges for natural gas and for ethane.

US shale revolution opens up global ethane trade

The stories span the Atlantic and the Americas and reach out to China and Algeria. The first INEOS ‘Dragon’ ship carrying ethane from the US arrived at Grangemouth in Scotland this week. And as that ‘virtual pipeline’ across the Atlantic fills so do opportunities for more regional and global ethane trade.

In the UK, the company is trying to convince the public and politicians that fracking shale is a good idea. The ICIS news coverage shows that the challenges for fracking differ in different countries. The impact of the shale revolution in the US will be felt more directly in the coming years. The changes wrought will be significant.


Latest headlines from ICIS

Europe top stories: weekly summary

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 6 July. Europe PE producers seek margin recovery for July... Mon, 09 Jul 2018

US ethylene length to continue through 2018

HOUSTON (ICIS)--Length in the US ethylene market is likely to continue through the second half of 2018 as more crackers start up, but increasing... Thu, 05 Jul 2018

INSIGHT: INEOS expansions, new cracker and PDH all good news for Europe, but there could be casualti...

LONDON (ICIS)—First reactions from market players in Europe to the latest INEOS ethylene and propylene announcement have so far been very positive.... Thu, 05 Jul 2018

Spot, costs push up US June ethylene contracts after four-month drop

HOUSTON (ICIS)--US ethylene contracts for June settled higher for the first time since January, pushed up by increased production costs and spot... Tue, 03 Jul 2018

INEOS to build €2.7bn ethane cracker/PDH unit in northern Europe

LONDON (ICIS)--INEOS will invest €2.7bn in an ethane cracker and propane dehydrogenation (PDH) plant in northern Europe, the company said on... Tue, 03 Jul 2018

Europe PE producers seek margin recovery for July contracts

LONDON (ICIS)--European polyethylene (PE) producers are seeking margin recovery for July, with concerns throughout the year over the erosion between... Mon, 02 Jul 2018

US June PE contracts rollover on higher oil, hurricane fears

HOUSTON (ICIS)--US June contracts for polyethylene (PE) were assessed at a rollover from May as higher crude-oil costs and supply concerns during the... Fri, 29 Jun 2018

US ethylene margins narrow, heavier feed cracking to ensue

The recent spike in ethane costs has pushed spot ethylene margins to record lows, opening up economics of cracking heavy natural gas liquids... Thu, 28 Jun 2018

US June PP contracts settle higher along with rising monomer costs

HOUSTON (ICIS)--US June polypropylene (PP) contracts were assessed 8 cents/lb ($176/tonne) higher from May, tracking an equivalent rise in June... Thu, 28 Jun 2018

US June propylene contracts settle up 8 cents/lb on snug supply

HOUSTON (ICIS)--US June propylene contracts settled for a majority of the market at an 8 cent/lb increase from the prior month  amid snug... Wed, 27 Jun 2018

Make sure you keep on top of the latest developments - sign up for a free trial of ICIS news today.   Request a free trial of ICIS news
Request a free trial of ICIS news

Want to ensure you gain the latest market-moving news as it happens?

ICIS news brings you all of the following:

  • Real-time news, round the clock - for every key sector of the global chemical industry allowing you to stay ahead of the competition and make faster, well-informed decisions.
  • Reporting on the latest price movements and market trends.
  • Analysis articles - from experts assessing key trends and offering a deeper market insight
  • Plant and project news - including capacity, outputs and shutdowns.
  • A searchable archive of over 900,000 articles from the past 10 years.
  • Plus customisable options allowing you to view only the content you want to see.
Request a free trial of ICIS news