Oil and gas drilling have loomed large in the Texas economy for decades. Now the production of low-priced natural gas from shale is transforming the state’s petrochemical industry and creating a surge in the exports of ethylene and plastics. Here’s what a recent report by Jesse Thompson of the Federal Reserve Bank of Dallas concluded: […]
Tag Archives: Exports
ACC publishes 2012 Guide to the Business of Chemistry, a $760 billion enterprise
America’s chemical industry has grown to a $760 billion enterprise, according to the 2012 edition of the Guide to the Business of Chemistry, published earlier this week. Prepared by ACC’s Economics and Statistics Department, the guide divides the $760 billion business into five types of production, while highlighting chemistry’s contributions to the U.S. and world economies. […]
Dooley visits Port of New Orleans, explores promising new chapter in Louisiana shale gas story
The real story of the promise of natural gas for American manufacturing is just beginning to be told. On Thursday, ACC President Cal Dooley visited the Port of New Orleans to explore a potential new chapter in Louisiana’s shale gas story: a $5.4 billion investment in expanded ethylene production capacity. According to an ACC report […]
