Dooley: $25 billion in U.S. chemical-facility investment is possible

04/29/2012 | Platts Energy Week

With the chemical industry considering about 30 new or expanded U.S. facilities, the industry could invest up to $25 billion in capital, says American Chemistry Council President and CEO Cal Dooley. The benefits consumers could see from the shale-gas boom are tremendous, he notes, because natural gas is "a fundamental building block of almost every manufacturing item a consumer touches every day."

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