Ethylene Exports to Come From Shale Development

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From the Akron Beacon Journal:
A natural gas liquids boom stemming from development of U.S. shale plays will result in the bulk of petrochemical products from natural gas liquids being exported with most going to Latin American, Energy Security Analysis Inc. says in recent report.
With U.S. demand for ethylene derivatives growing modestly, expanding petrochemical capacity will be export-oriented.
ESAI expects the US surplus of ethylene derivatives to expand to over 4 million tonnes/year (tpy) by 2016, a 40% increase from 2011.
The U.S. is seeing considerable activity, almost all of which is based on the frenetic pace of shale gas exploration and production and the prospects for cheap, large volumes of natural gas as potential feedstock.
Read the rest of the brief article here.

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