Tag Archives: Manufacturing

Picturing the impact of EPA’s ozone regulations

Updated 2:00 PM EST, December 2, 2014 America’s chemical industry is undergoing a historic expansion, made possible by plentiful, affordable supplies of natural gas and NGLs from shale. But EPA’s upcoming ozone regulations could put the brakes on manufacturing growth in many parts of the country. Bright outlook for chemical industry investment Due to the [...]

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In Europe, hurrahs and hand-wringing over America’s shale gas advantage

Abundant, affordable, American supplies of natural gas from shale have transformed the nation’s economic landscape, driving investment, producing jobs, creating a manufacturing renaissance and increasing household incomes by $1,200 a year (and possibly up to $3,500 by 2025). Across the pond, European thought leaders and corporate executives are deciphering what America’s shale boom means, its impact [...]

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IHS report finds U.S. chemical industry jobs, output to multiply to 2025, thanks to shale gas

As a result of abundant, affordable shale gas, America’s chemical manufacturers enjoy a “profound and sustained” competitive advantage that will dramatically boost industry output and create almost 318,000 jobs by 2025, according to a new IHS report. The American Chemistry Council lauded the report’s findings that the U.S. chemical industry will be the “primary beneficiary” [...]

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U.S. chemical industry investment surging ahead, 117 projects and counting

“The resurgence of the U.S. chemical industry can be explained in two words: natural gas,” Bloomberg Businessweek reports, while scores of major chemical companies, including Chevron, Dow Chemical, and ExxonMobil Chemical Co., continue to move forward with investments of $100 billion to build or expand chemical plants in the U.S. That’s because the chemical industry [...]

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McKinsey report calls natural gas from shale a ‘catalyst’ for growth

The development of natural gas and petroleum from shale is one of five catalysts for dramatic growth in a U.S. economy still trapped in the downdraft of the Great Recession, according to a new report issued by the McKinsey Global Institute. Shale gas and oil, along with opportunities in trade, technology, infrastructure and talent development, [...]

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VIDEO: Chemistry and shale gas fueling a boom in the Buckeye State, Dooley says

Ohio is on the brink of an economic and manufacturing renaissance, powered by the growing production in natural gas from shale that is driving investment in the state’s chemical industry and industrial base, American Chemistry Council president and CEO Cal Dooley said in a March 29 address at the City Club of Cleveland. Dooley pointed [...]

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Marcellus to Manufacturing: Ethane fueling chemical industry in West Virginia

During a 2011 visit to the Mountain State, American Chemistry Council President and CEO Cal Dooley predicted “a golden age in chemical manufacturing in the United States,” with West Virginia sharing the bounty from affordable and abundant supplies of Marcellus shale gas. In an interview with the Charleston Daily Mail, Dooley reiterated his upbeat forecast: [...]

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Ohio shale gas can help bring pace of U.S. manufacturing to a full gallop

Ohio can serve as a model for the nation by leveraging its abundant and affordable supplies of shale gas to reduce energy costs and create a competitive advantage for the state’s manufacturers, ACC President and CEO Cal Dooley told members of the Ohio House of Representatives during a 21st Century Manufacturing Task Force hearing on [...]

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Natural gas boosts energy and energy drives economic growth

In recent years, the U.S. economy has faced headwinds of uncertainty. But a recent article in The Economist finds the gusts of change are propelling the economy forward. “Amid the gloom there are unexpected signs of boom, especially in energy,” states The Economist headline. One of the brightest “points of light” is natural gas from [...]

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Stable and plentiful supplies of shale gas to benefit diverse regional industries

Pennsylvania is at the epicenter of one of the largest shale-booms in the country. Natural gas from the Marcellus and Utica shales is driving economic growth for manufacturers and local businesses, from chemical companies to companies renting snow cone machines. On June 27, the SMC Business Council hosted  “Shale Gas & Manufacturing: Find Your Link [...]

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