New Polyethylene Capacity Coming Online in Texas
New Polyethylene Capacity Coming Online in Texas
SUGAR LAND--June 20, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--A buildout in U.S. polyethylene> capacity is occurring, with a few projects nearing completion, while others remain in the planning stages. Industrial Info is tracking billions of pounds of polyethylene capacity that could be built in the U.S., with a significant amount of this planned to come online through the first half of next year. The impetus for this buildout in capacity is low-cost natural gas being brought to market in the U.S. from shale formations.
Within this article: Details of near-term Texas polyethylene projects
Companies featured: Chevron Corporation (NYSE:CVX), Phillips 66 (NYSE:PSX), Dow Chemical Company (NYSE:DOW), Exxon Mobil Incorporated (NYSE:XOM)
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