American Plastics News Network News, The Dow Chemical Company executives said, thanks to shale gas in North America to bring the advantages of raw material supply, the U.S. petrochemical market is being ushered in four wave of investment wave.
Dow Jim Fitterling at IHS World Petrochemical Conference, held March 26 in Houston, said: “Investing tide may be much larger than we expected.”, Former U.S. announced at least 120 energy-related chemical expansion project an investment of over 100 billion U.S. dollars.
Petrochemical companies in the United States have announced new production of ethylene cracker reached 10, including a unit of Dow’s Freeport, Texas in the United States. Fitterling estimated that 6 will be completed as scheduled. He added that this investment demonstrates the range of investment theory investors. Dow’s Freeport project will add a lot of polyethylene capacity.(chemicals offer)
