The global petrochemical industry is facing a severe “cycle low,” raising doubts about the viability of new development and the profitability of Shell’s new Pennsylvania ethane cracker.
Kathy Hipple and Anne Keller
Poor Economics for Virgin Plastics: Petrochemicals Will Not Provide Sustainable Business Opportunities in Appalachia
A convergence of market forces casts a dark shadow over the financial outlook of petrochemical development in Appalachia.
As a recent article in Forbes noted, the ‘dam has broken’ in West Virginia for solar power. While solar energy comprises less than 0.2 percent of electricity production in the state today, the market for solar energy is marching forward. Despite not having a renewable...