ACC-Dow study: Shale to fuel major U.S. petrochemical investments

06/8/2011 | ICIS News (U.K.)

An analysis by Dow Chemical and the American Chemistry Council forecasts that the shale gas boom will result in up to $16 billion in additional U.S. petrochemical investments and a $32.8 billion boost to chemical output. The increases would be spurred by a 25% jump in ethane supply derived from U.S. shale gas, according to Seth Roberts, Dow's director of energy and climate change.

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