The United States shale gas boom will benefit the United States Plastic customers benefit
According to foreign media reports in Washington in September 4th, the United States Accenture David Jankovic and Paul Bujiasaike wrote in an article: as a result of the North American shale gas boom, a large number of new polymer production capacity will be put into operation, the output of most of the polymer will be exported. These three trends indicate that the United States's plastic customers will benefit from a wealth of low-cost raw materials and a wealth of domestic supply of resin.
The article said that in 2020 the United States will likely launch every about 23000000000 pounds of new polymer (including polyethylene, polyvinyl chloride, acrylonitrile, PET, polypropylene, polyethylene, EPS) production capacity, most of which use low cost polymer production capacity of shale gas. This will make the United States to become the world's second low cost areas such as polyethylene products. If all the polymer yields will be used internally, the results will mean that the United States will increase 2000 to 10 thousand new plastic processing lines. However, most of the output will be exported.
The article also suggested that the United States Plastic customers, namely Plastic Processors (buy plastic resin raw material into a variety of products, such as packaging materials, pipes, bottles and other products) will be able to benefit from the low cost of raw materials is rich and abundant supply of domestic resin.
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