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North Dakota Primed for PetChem Development, Analyst Says

In an industry in which low-cost feedstock is key, North Dakota’s wealth of natural gas liquids (NGL) makes the state a natural candidate for the development of downstream opportunities in the chemicals industry and all of its offshoots, a researcher/consultant said Wednesday at the Williston Basin Petroleum Conference in Bismarck, ND. Ultimately, the model is to do what Alberta, Canada did two decades ago and bring in global partners already in the chemical business.

May 27, 2014