Investigation and Analysis on the development of C

2022-08-21
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The shale gas revolution in North America has been a great success, but Canadian ethylene producers are still in the dilemma of raw material supply shortage. Although the shale gas revolution in North America has been a great success, Canadian ethylene producers are still in the dilemma of raw material supply shortage

this may sound incredible, but it is true. Insiders said that for the Canadian Petrochemical experimental curve and real-time display of experimental data, although the shale gas revolution effect has lagged behind, it is coming

the abundant natural gas supply brought about by the shale gas revolution has significantly lowered the natural gas price in North America, but the impact of the price reduction on the United States and Canada is very different. American ethylene producers have ushered in the spring of the shale gas revolution, and many cracking units have realized full load operation, and they plan to build new cracking units one after another; However, Canadian ethylene producers are still suffering from the shortage of ethane raw materials

in the United States, the success of the shale gas revolution means having cheap raw materials to separate methane, ethane and butane from shale gas. These new advantages have made the American chemical industry the focus of global investment. IHS chemical said that in the next 20 years, the chemical investment related to shale resources in the United States will exceed $100billion

however, for Canada, the shale gas revolution means losing its largest export market share. It is noted that the main exporter of natural gas from Canada is the United States. However, with the improvement of technology level in the United States, it is also necessary to pay attention to the continuous and substantial increase in shale gas production in the following points. The natural gas volume exported from Canada to the United States has decreased significantly from the peak in 2007. As a result, Canadian natural gas producers have significantly reduced production and liquefied natural gas production, which has brought challenges of raw material supply shortages to ethylene producers

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