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Natural gas breakthrough seen transforming plastics industry

from Bloomberg

Honeywell International Inc. has discovered a one-step process to convert household natural gas into a plastics raw material. The implications are far-reaching. The technology in time could ease a glut of natural gas from U.S. shale drilling; lower the cost of products ranging from soda bottles to paint; and give Honeywell a steady profit stream from licensing the technique in the $150 billion plastics raw-material industry. The process would allow companies to make ethylene from methane, commonly known as natural gas. more

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