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US natural gas fueling plastics manufacturing around the world

A surging supply of ethane available as a result of the American natural gas boom has been a boon to the global plastics and petrochemical industries, reducing feedstock costs and fueling growth in China, India and Europe. Increased access to US shale gas helped chemicals company INEOS reopen a petrochemical plant in Grangemouth, Scotland, and revitalize its business.

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