Petrochemical Update Reports: US downstream expansion momentum continues with new project announcements

Petrochemical Update states that, “Since 2010, petrochemical producers have announced significant capacity expansion in the U.S., and the momentum is not yet over for the plastics sector with additional project announcements revealed.”


To date, 334 chemical and plastics projects cumulatively valued at $204 billion have been announced, with 53% of the investment completed or underway and 40% in the planning phase, according to the American Chemistry Council (ACC).




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