$80 billion in U.S. petrochem investments planned, official says

08/22/2012 | Platts · Houston Chronicle

The shale natural gas boom is an opportunity for the U.S. to change its energy and manufacturing landscapes, according to participants at the North American Prospect Expo in Houston. "Manufacturing is back, make no mistake about that, and it's mostly due to shale gas," said Ken Bromfield, commercial director at Dow Chemical's North American unit. The manufacturing industry expects about $80 billion in petrochemical investments over the next five years, Bromfield added.

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Platts · Houston Chronicle

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