Volume 92 Issue 23 | p. 10 | News of The Week
Issue Date: June 9, 2014

Crunch Time Nears For Chemical Plant Builders

Petrochemicals: Attendees at industry meeting are warned about coming resource shortages
Department: Business
Keywords: shale gas, construction, exports, shipping

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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