Tag Archives: IHS

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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Shale gas multiplier: Benefits abound for plastics makers

The plastics industry will harvest an abundance of economic advantages from robust and inexpensive supplies of shale gas, including a reduced dependence on foreign energy and a manufacturing resurgence in the United States. These were just several of the upbeat messages from speakers at the inaugural SPI/IHS Global Plastics Summit recently held in Chicago. “One […]

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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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More signs of chemical industry growth from an abundance of natural gas and oil

It is a truth becoming universally acknowledged, that surging shale gas and oil production is generating jobs and driving growth. A PwC energy expert is the latest to punctuate the point. Andrew Lyon, a principal in PwC’s National Economics and Statistics group, hailed the doubling of direct jobs tied to oil and shale gas extraction […]

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A chemical industry economic revival, on the Bayou and beyond, thanks to shale gas

Robust and affordable supplies of natural gas from shale are providing enormous economic benefits for Louisiana that will endure for decades, Martha Moore, ACC senior director of policy and economics, said in a recent interview with New Orleans radio station WWL. Moore highlighted the findings in a recent IHS report, which projected a shift in […]

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Cal Dooley describes enduring benefits of shale gas for U.S. chemical industry (E&ETV)

American Chemistry Council President and CEO Cal Dooley discussed the enormous advantages that shale gas has bestowed on the U.S. chemical industry and America’s manufacturing sector in a wide-ranging interview with E&ETV, a cutting-edge webcast featuring analysis from energy policy leaders. Asked about the projections for economic growth and new investment in a recent IHS […]

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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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Natural gas projections herald long-term gains for American chemistry

When IHS Global Insight expert Gary Adams raved just a couple of months ago that domestic supplies of relatively low-priced natural gas promised the U.S. chemical industry and manufacturers “the opportunities of multiple lifetimes,” a skeptic might have questioned the rosy outlook. Instead, the latest batch of reports about natural gas reveals there is plenty […]

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