20 February 2014
Details
WASHINGTON
The American Chemistry Council (ACC)
announced today that
potential U.S. chemical industry investment
linked to plentiful and affordable
natural gas and natural gas liquids
from shale formations has topped $100 billion.
As of this month,
148 projects valued at $100.2 billion
have been announced.
These projects—
* new factories,
* expansions and
* process changes to increase capacity—
could lead to
* $81 billion per year
in new chemical industry output and
* 637,000 permanent new jobs by 2023.
More than half of the investment is
by firms based outside the United States.
ABOUT CHEMICAL INVESTMENTS RELATED TO SHALE GAS
WWW.CHEMWINFO.COM BY KHUN PHICHAI
