Originally posted on AOL Energy
The US petrochemical industry appears on the verge of a resurgence powered by the market-shifting abundance of cheap feedstock associated with the North American natural gas production renaissance.
Petrochemical companies are beginning to move their operations back onto domestic soil, thanks to the large volumes of liquids being produced from the wet portions of prolific unconventional natural gas deposits. A major step in this direction came earlier this year when Shell announced plans to build a petrochemical facility in Pennsylvania that would utilize NGLs being produced from the Marcellus Shale play.
