A new technology could dramatically reduce the costs and carbon emissions in the manufacturing of the world's plastics supplies, according to researchers from Exxon Mobil and the Georgia Institute of Technology.
The United States has enough shale gas to supply the surge of recently announced petrochemical expansions and, despite anemic prices, producers have no plans to stop pumping as long as demand exists, a Southwestern Energy executive said Thursday.
The U.S. petrochemical resurgence is being closely watched in Europe where companies are wondering whether the deluge of North American shale gas will sap away their competitive advantage.
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