08152018Wed
Last updateTue, 14 Aug 2018 7pm

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End-User News

Shale Boom Creates New Petrochemical Hub

According to analysts and key figures in the industry, “record-setting natural gas production in the United States is benefiting not only consumers. The shale-growth-driven natural gas output is expected to bring benefits to the petrochemical industry as well, as manufacturers will continue to enjoy low-cost feedstock for plants in and close to areas where shale gas and natural gas plant liquids (NGPL) production is abundant,” Oilprice.com reports.

“The shale gas production boom provides a low-cost resource for petrochemicals plants, with the Gulf Coast and the Ohio-Pennsylvania-West Virginia region the prime spots for construction of new petrochemical capacity.” 

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