Issue Date: June 9, 2014
Crunch Time Nears For Chemical Plant Builders
Low energy prices made for high spirits last week at the annual meeting of the American Chemistry Council, the U.S. chemical industry’s main trade association. But as cheap energy from shale gas spurs an unprecedented wave of investment, some attendees cautioned about construction and logistical roadblocks that lie ahead.
ACC’s economists calculate that $113 billion worth of new U.S. chemical facilities have been announced to take advantage of inexpensive natural gas. . . .
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