Upside of Low Gas Price: Petchem Manufacturers 'Flocking' Into US

摘要

The upstream industry's bust is one downstream industry's boom — at least for now. With natural gas prices at multi-year lows, petrochemical companies that use gas as a feedstock are "flocking" to the US, investing tens of billions of dollars in dozens of new facilities and expansion projects, Owen Kean, senior director of energy policy at the American Chemistry Council (ACC), said last week.