Tag Archives: Shale Gas

Fueling Export Growth (Part 2 of 2): Why the expected surge in U.S. chemicals exports will depend on our country’s ability to deliver on its ambitious trade agenda

The release yesterday of ACC’s latest exports report, “Fueling Export Growth: U.S. Net Export Trade Forecast for Key Chemistries to 2030,” painted a bright picture for exports of chemicals linked to the shale gas revolution. But what stood out to me even more than the numbers themselves was that our industry’s massive growth potential largely [...]

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Fueling Export Growth (Part 1 of 2): U.S. chemical exports linked to natural gas could double by 2030; plastics products leading the surge

On the heels of a wave of new chemical industry investment projects expected to come online over the next few years, gross exports of chemical products linked to natural gas, including plastics, could reach $123 billion by 2030 – more than double what chemical manufacturers exported in 2014, according to a new report from Nexant, [...]

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New studies show vast benefits of offshore energy development

America is forfeiting hundreds of thousands of new jobs and tens of billions in GDP each year by maintaining governmental restrictions on energy development in the Eastern Gulf of Mexico and the Pacific Outer Continental Shelf (OCS). That’s according to two studies conducted by Quest Offshore Resources, Inc. and released this week by the National [...]

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U.S. manufacturing exports surging due to shale gas

Exports of manufactured products have risen 6 percent since the start of America’s shale gas production boom, according to a new report by the International Monetary Fund (IMF). It’s a sign that plentiful, affordable natural gas – already a strong catalyst for chemical industry export growth – is benefiting U.S. manufacturing. A reversal in U.S. [...]

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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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Dow and Preferred Sands win 2014 Polyurethane Innovation Award for TERAFORCE™ technology

“Innovation” in the 21st century can come from many industries and have a measurable impact on our way of life: social, environmental, economic or technological. But for American chemistry, innovation applies to “all of the above”: chemical companies are making real, tangible products that are helping to create a healthier, cleaner, stronger and more sustainable [...]

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American chemistry: Growing the U.S. economy, providing jobs, enhancing safety

Have you used your cell phone today? Laptop? Drunk from a coffee mug, or worn a bicycle helmet? If so, you, along with millions of consumers around the world, have touched a product of chemistry. 96 percent of all manufactured goods are directly touched by the business of chemistry. From life-saving medical devices to airbags [...]

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ExxonMobil on leading edge of shale-driven industrial renaissance, one step away from multi-billion dollar expansion at Baytown, TX

ExxonMobil is an early mover in America’s industrial renaissance fueled by abundant and affordable supplies of natural gas from shale and associated natural gas liquids. The company is awaiting the green light to begin construction on an exciting, multi-billion dollar expansion to its chemical facilities in Baytown, Texas — already one of the largest and [...]

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Media roundup: Who’s talking about the $100B manufacturing investment milestone

The American Chemistry Council recently announced that potential new U.S. chemical industry investment spurred by shale gas has surpassed $100 billion. The nearly 150 projects that have been reported – restarts, expansions, and brand new facilities – could create an estimated $81 billion per year in new chemical industry output and 637,000 permanent jobs by [...]

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Such great heights: Chemical industry investment surpasses $100 billion

The United States continues to reign as the place to manufacture chemicals now, as potential U.S. chemical industry investment has now topped $100 billion. As of this month, the number of publicly-announced chemical and plastics projects stands at 148, with the tally continuing to grow (ACC’s first report analyzed 97 projects valued at $71.7 billion [...]

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