U.S. liquefied natural gas (LNG) projects, that in 2022 saw strong interest from buyers abroad willing to lock themselves into long-term contracts, this year face a more reluctant buy side...
With the introduction of ten ethane cracker projects in the US over the next 5 years, around 90% of output from these projects would need to be exported to make them commercially viable. While the cost advantage ethane crackers enjoy over naphtha may have...
Endowed with abundant natural resources, a highly skilled workforce and a competitive tax system, Canada is making the most of North America’s petrochemical renaissance.
Driven by low feedstock costs, the petrochemical renaissance is reshaping North America’s industrial landscape. However, the ongoing high levels of industrial activity are increasing the complexity of new projects, sometimes fuelling a sense of disconnect...
Although some upstream oil operators have posted results that have missed expectations, their derivative segments and other petrochemical businesses are seeing the upside of the oil price erosion.
Sasol's recent announcement to build a brand new ethane cracker has been seen as a signal that the industry is looking to the future with renewed optimism.
