Recent US shale gas discoveries are boosting the US petrochemical industry, and are set to contribute further to its growth by making ethane supplies from these reserves cheaper. Production from shalee formations has driven the US natural gas production in the last five years and now these are turning out to be an alternative source for ethane production, as per GlobalData.
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Thursday, March 22, 2012
Shale from Marcellus providing impetus to the US petrochemical industry
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