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ACC: Appalachia has potential to be 2nd petchem center in US

by ChemOrbis Editorial Team -
  • 26/05/2017 (14:24)
According to media reports, American Chemistry Council (ACC) released an economic report in which it stated that the Appalachian region could become a second petrochemical and plastic resin manufacturing in the US, after Gulf Coast, due to its proximity to a supply of raw materials and to the manufacturing markets of the Midwest and East Coast.

In its report, ACC presented a hypothetical scenario which includes a storage hub for natural gas liquids and chemicals (ethylene, propylene) as well as a petrochemical, plastics and other infrastructure and manufacturing area consisting of West Virginia, Pennsylvania, Ohio and Kentucky.

The Council’s report also estimates an investment of $32.4 billion in petrochemicals and derivatives and $3.4 billion in plastic products by constructing five ethane crackers and two PDH facilities. However, uncertainty in terms of financing is considered as an important barrier in the development of energy infrastructure in the region.
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