U.S. petrochemical industry sees shale as long-term benefit

03/26/2012 | Chemical Week (subscription required)

U.S. petrochemical producers expect to continue investing and hiring in response to the shale-gas boom. "We believe that the historic new supplies of natural gas liquids will provide abundant, affordable feedstocks and form a lasting platform not only for chemicals but also for economic recovery in North America," said Don Condon, a senior vice president at Westlake Chemical. "We believe this trend is sustainable and it will continue."

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