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Cheap shale gas means record US chemical industry growth

from Bloomberg

Aug. 17, 2011 issue: Dow Chemical spent a decade moving chemical production to the Middle East and Asia. Now it's leading the biggest expansion ever seen back home in the U.S. as shale gas revives the industry's economics. Dow is among companies planning to build crackers, industrial plants typically costing $1.5 billion apiece that process hydrocarbons into ethylene and other synthetic materials. more


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