Tag: Plastics
Shale gas spurring plastics manufacturing growth – report
Looking ahead, the outlook for US manufacturing is even brighter, thanks to shale gas By Seth Whitehead, EnergyInDepth EID has highlighted several times in recent months how the shale gas revolution has spearheaded a manufacturing renaissance in the United States. The latest evidence of this trend was released this week in the Plastics Industry Association’s […]
Plastics reduce environmental costs by 4x compared to alternatives – study
Replacing plastics with alternatives would have environmental costs from $139 billion to $533 billion annually – Trucost A new study by Trucost finds the environmental cost of using plastics in consumer goods and packaging is nearly four times less than it would be if plastics were replaced with alternative materials, according to the American Chemistry Council. […]
Pembina Pipeline Corp. assessing new Alberta petrochemical plant
Pembina Pipeline partners with Kuwait Petroleum Corp. in feasibility study CALGARY _ Pembina Pipeline Corp. is looking to build a large-scale petrochemical processing plant in Alberta that could benefit from a new subsidy program. The company announced Monday that it is partnering with a subsidiary of the Kuwait Petroleum Corp. on a feasibility study. The […]
Refinery runs may boost products oversupply – Platts
Unplanned issues at Gulf Coast refinery could provide some support to spot product prices if supply is curtailed significantly With U.S. refinery runs eyeing the 17-million-barrel-per-day (b/d) threshold this week, any resulting drop in the country’s crude inventories will likely be converted into product stock builds, exacerbating the persistent oversupply that has weighed on oil markets, […]
American plastics industry: Big growth thanks to shale gas
American plastics industry ‘re-shoring’ jobs to the United States The American plastics industry is experiencing a renaissance and expecting significant growth over the next decade, all due to abundant supplies of natural gas from shale production. According to the American Chemistry Council, plentiful and affordable natural gas and natural gas liquids from shale formations will help boost U.S. […]
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