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Tag Archives: Shale

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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“Man of Steel” in 2013? Think industry of steel – bigger, stronger, better than ever

In 2012, the shale gas revolution was credited for revitalizing the chemical industry and sparking talks about domestic energy security, according to a recent Bloomberg news report. The House Energy and Commerce Committee agreed with this rosy assessment in a recent blog post: In 2013, it’s the steel industry’s turn to emerge as the next [...]

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Happy New Year: Shale gas revolution propels chemical industry in 2012

2012 proved to be an outstanding year for the U.S. business of chemistry, which seized the competitive price advantages of natural gas from shale and announced more than $40 billion in U.S. chemical manufacturing investment projects. Insourcing, at least in the chemical industry, has replaced outsourcing. Late in the year, The Washington Post and the [...]

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No apparent political divide on the benefits of shale gas

Bipartisanship on domestic policy issues materializes about as often as a snow man in Washington, D.C.  But across the political spectrum and around the country, endorsements for shale gas as a driver for manufacturing growth are popping up like Christmas trees. From Gene Sperling… Start with Gene Sperling, the Obama administration’s point man on economics [...]

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Help wanted! The natural gas revival creates demand for skilled workers

Millions of Americans are looking for work in these difficult economic times, so news of a labor shortage might come off as a bit of a paradox. But that’s the reality for parts of America’s robust manufacturing sector, where the shale gas boom has created huge demand for workers, but, in some cases, not enough [...]

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Manufacturing is poised to remake our future, McKinsey study shows

Despite the Great Recession, manufacturing worldwide not only survives, but thrives, accounting for approximately 16 percent of global gross domestic product and 14 percent of employment. “Globally, manufacturing continues to grow,” sparking innovation and competitiveness, while driving research and development, exports, and productivity growth in the developed world, according to a new study by the [...]

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U.S. energy future depends on natural gas and energy efficiency, according to World Energy Outlook

The U.S. is in store for a bright energy future achieved by enhancing domestic energy security and boosting the competitiveness of America’s manufacturing sector through abundant, affordable supplies of natural gas from shale and increased energy efficiency, according to the International Energy Agency’s 2012 World Energy Outlook, which forecasts trends through 2035. The global energy [...]

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