Agence France-PresseJune 11, 2013 13:32
The US petrochemical industry, in trouble just a few years ago, is making a spectacular comeback thanks to the boom in shale gas, shaking up the industry worldwide and spreading some discomfort through Asia and Europe.
"It's pretty simple, there's just so much feedstock that needs to find a home," Chuck Carr, a petrochemical analyst at IHS, said in Texas, the capital of the US industry.
"So everybody's saying: hurry up to build something, because at that natural gas price, it's just pure value."
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