Low US Gas Prices Prompt $72 Billion Investment in Chemical Projects

A new study released by the American Chemistry Council (ACC) has said that due to the large number of chemical and plastics projects that have been announced in order to take advantage of the incredibly low natural gas prices, the US chemical industry is set to see the creation of as many as 46,000 permanent jobs.

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Nova Chemicals clearing obstacles to expansion

Nova Chemicals Corp. continues to knock off items on its “to do” list ahead of a major polyethylene expansion anticipated to begin this spring.

Rick Van Hemmen, Nova’s Joffre site leader, was before Lacombe County council on Thursday to request the closure of a road allowance that would be sandwiched between the petrochemical plant’s existing rail yard and a planned addition that would handle another 450 rail cars.

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