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Surging US chemical investments cast positive outlook for industry

Demand for ethylene and access to low-cost feedstocks continue to drive chemical investments in the US, as seen by new projects in the pipeline from Chevron Phillips Chemical and Qatar Petroleum; Exxon Mobil and SABIC; and Ineos, writes Marissa Luck. Some analysts say ample feedstocks will help the US Gulf Coast avoid the demand and pricing slump seen in other parts of the world.

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