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Release the Cracker! After Shell's Historic Announcement, Will Appalachia Become the Next Petrochemical Hub?
Shell’s multi-billion dollar ethane cracker in Western Pennsylvania is an important development for anyone operating in the oil/natural gas, chemicals and plastics markets and their suppliers.
It will mark the first time in more than 20 years that such a facility has been built in the United States outside of the Gulf Coast, which will create a number of wide-ranging issues and opportunities.
Several similar projects have been announced for the region by global heavyweights. What's next for those projects? Can a revived petrochemical industry in the Appalachian Basin actually compete with the more established juggernaut on the Gulf Coast? Will this spark development of a chemical and plastics hub? And what does Shell's new facility mean for ethane prices, gas producers and a growing marketplace in the Northeast?
This 12-page report includes fresh details, including additional insights about Shell's project from one of its leading executives, Ate Visser, vice president of Appalachia petrochemicals at Shell Chemical LP.
Referenced in the Report:
American Chemistry Council | Blue Racer Midstream | BofA Merrill Lynch | Braskem
BTU Analytics | Consol Energy | Dreadnought Solutions LLC | ExxonMobil
Marcellus Shale Coalition | PTT Global Chemical | Raymond James | Royal Dutch Shell
Sanford C. Bernstein | Sunoco Logistics Partners