Tag Archives: Shale Gas

Shale gas lures armada of overseas chemical companies to U.S. shores

The prospect of a long-term supply of abundant and affordable natural gas from shale continues to attract foreign-based chemical manufacturers to American shores. In fact, of the total number of domestic and foreign companies that have announced investments in the U.S., roughly half are from overseas. Bloomberg has reported that Japanese companies Idemitsu Kosan Co. […]

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3 opportunities to transform New York’s energy future; shale gas is one of them

Political and business leaders met in Albany, NY on Tuesday to explore ways to “Transform New York’s Energy Future” through innovative energy efficiency technologies and diverse domestic energy resources such as energy recovery, and by leveraging abundant and affordable supplies of natural gas from shale to drive a manufacturing renaissance across the Empire State. New […]

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Rising tide of natural gas makes the U.S. a ‘magnet’ for chemical industry investment

Plentiful, affordable and long-lasting supplies of natural gas from shale have created a decisive competitive advantage for America’s chemical manufacturers that is attracting billions in potential new investment to the United States, increasing exports of manufactured goods and creating jobs, American Chemistry Council (ACC) President and CEO Cal Dooley said Tuesday on Capitol Hill. The […]

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Shale gas calling: Could New York follow Pennsylvania’s lead?

If New York emulated Pennsylvania by using hydraulic fracturing to gain access to vast sources of natural gas from shale, it would galvanize economic growth in the Empire State and add $8 billion in income for upstate New Yorkers, according to a new study by the Empire Center for New York State Policy, a project […]

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In Ohio, a second wave of sustainable jobs for all talents and skills

The continued growth in production of abundant and affordable natural gas in the Utica Shale region of Ohio is transforming the state into a rich breeding ground for both “blue-collar” and increasingly, “white-collar” jobs. For years, the manufacturing and logistics sectors have dominated the growing employment numbers, creating thousands of jobs for hard-working laborers throughout […]

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“Natural gas is boosting the economy,” national business leader says

Virtually every day, it seems, more public officials, consultants, business leaders and economists agree that abundant and affordable supplies of natural gas are transforming America’s manufacturing sector, and the chemistry industry is a big part of why it’s making a comeback. Harry C. Alford, co-founder, president and CEO of the National Black Chamber of Commerce, […]

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When it comes to chemical manufacturing jobs, Ohio is having seconds

Bill Hagstrand, a senior consultant for NorTech, an Ohio-based economic development organization, is a vocal proponent of the benefits shale gas could bring to the Buckeye State’s manufacturing sector — beginning with American Chemistry. “Several industries up and down the shale supply chain are gearing up to take advantage” of abundant and affordable supplies of […]

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More gas, more glory for U.S. chemical manufacturing

As more and more data gushers in about production of natural gas, the better the prospects become that these abundant and affordable supplies are not just a short-term benefit but a long-term bonanza for the United States — capable of fueling a manufacturing revival. The latest batch of good news comes from the Potential Gas […]

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Affordable natural gas sparks global manufacturers’ investment in America

What do Austria’s Voestalpine, Egypt’s Orascom Construction Industries, Germany’s Wacker Chemie, Japan’s Idemitsu Kosan, Taiwan’s Formosa Plastics and South Africa’s Sasol have in common? According to Michael Birnbaum’s front page story in The Washington Post, the answer is each of these companies plans massive investments in the United States, whether it’s a $7 billion ethane […]

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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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