A group backed by Chinese investors is considering developing a large methanol production and export facility at Shoal Point in Texas City, TX, in Galveston County.
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Louisiana has landed a methanol manufacturing complex thanks to its proximity to inexpensive natural gas.
ExxonMobil Chemical Co. has begun construction of an ethane cracker at its Baytown, TX, complex as well as associated product facilities at Mont Belvieu, TX.
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.
The bio-based chemical market has joined the army of sectors to benefit from the North American natural gas boom, an analysis by IHS Inc. has found.
Baker Hughes Inc. said it plans to disclose 100% of the chemical ingredients it uses in hydraulic fracturing (fracking) fluids by providing “complete lists” of the products used, but there could be exemptions.
Independence Oilfield Chemicals LLC (IOC) said it has developed a fluid for use in hydraulic fracturing (fracking) operations that has a lower chemical content.
The availability of cheap and plentiful natural gas and natural gas liquids (NGL) from shale formations in the United States has led to more than $100 billion of investment in the nation’s chemical industry, the American Chemistry Council (ACC) said Thursday.
Operators in North Carolina — should oil and gas drilling eventually be allowed in the state — will not be required to disclose all of the chemical additives used in hydraulic fracturing (fracking), but they will be required to prove certain chemicals should be deemed trade secrets.
The U.S. shale gas and natural gas liquids (NGL) revolution has launched 136 domestic chemical industry projects worth a combined $91.2 billion, with 54% of that investment coming from foreign entities, according to the American Chemistry Council’s (ACC) late December tally. The unprecedented growth is far from over, industry experts say.