May 22, 2018 - 7:30 AM EDT
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Low Feedstock Costs Boost North American Chemical Processors' Investment Plans, an Industrial Info News Alert

SUGAR LAND, Texas, May 22, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Oil & Gas producers continue to be vexed by low prices for natural gas and natural gas liquids (NGLs), but chemical processors are welcoming the abundance of low-cost feedstocks for their products. Flat and stable prices for natural gas and NGLs are giving U.S. and Canadian chemical processors a competitive advantage over rivals who use naphtha for their feedstock. At current prices of about $70 per barrel, crude oil is about 24 times the price of natural gas on a BTU-equivalent basis.

Industrial Info Resources (PRNewsfoto/Industrial Info Resources, Inc.)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Brian Ford

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SOURCE Industrial Info Resources, Inc.

Source: PR Newswire (May 22, 2018 - 7:30 AM EDT)

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