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To: Dennis Roth who wrote (175191)12/23/2012 4:55:34 PM
From: DELT1970  Respond to of 206085
 
Is there an ETF or ETN for these specialty chemical firms who will benefit from the cheap NG in the USA? If there isn't yet, one is sure to be coming.



To: Dennis Roth who wrote (175191)12/23/2012 7:12:44 PM
From: golfer721 Recommendation  Respond to of 206085
 
Dont tell Obama. He will figure out a way to stop it.



To: Dennis Roth who wrote (175191)1/18/2013 8:51:32 AM
From: Dennis Roth1 Recommendation  Respond to of 206085
 
Japan chemical firms eye shale gas projects
Jiji Press
yomiuri.co.jp

Japanese chemical makers are striving to take advantage of the shale gas revolution in the United States to cut production costs, industry officials have said.

Domestic firms are racing to catch up with overseas rivals by stepping up efforts to develop technologies for utilizing the low-priced gas and increasing production of chemical materials in the United States, the officials said.

Industry leader Mitsubishi Chemical Holdings Corp. is expected to form a tie-up with a foreign chemical maker based on the use of shale gas. Dow Chemical Co. has been tipped as a potential partner.

Mitsubishi Chemical hopes to use U.S. shale gas to produce resin for automobile parts and liquid crystal display panels, informed sources said.

Kuraray Co. plans to build a resin plant for adhesives and LCD panels in Texas, a key center for shale gas development in the United States, in September 2014.

Mitsui Chemicals Inc. is also considering additional overseas investments. "A foreign company has invited us to join a shale gas project," President Toshikazu Tanaka said.

Asahi Kasei Corp. has developed technologies to produce materials for synthetic fibers and resin from natural gas, an achievement that will make production costs far lower than those incurred when making the same materials from oil.

The company is considering starting mass production of such materials from natural gas in the United States and Southeast Asia. "The use of shale gas would be an option," an informed source said.

U.S. and European players, such as Dow Chemical, have already made massive investments in shale gas projects, ahead of rivals in Japan.

Japanese players are struggling with the yen's prolonged strength and rising electricity charges. Shale gas is key to the revival of Japan's raw materials industry, said Yoshimitsu Kobayashi, president of Mitsubishi Chemical.


(Jan. 18, 2013)



To: Dennis Roth who wrote (175191)3/21/2013 1:27:43 PM
From: richardred  Read Replies (1) | Respond to of 206085
 
Dow Inks Deal with JV for New Plant
By Zacks Equity Research | Zacks – Wed, Mar 20, 2013 10:48 AM EDT


The Dow Chemical Company ( DOW) announced an initial agreement for a long-term off take agreement with a new joint venture (:JV) to be formed between Idemitsu Kosan Co., Ltd., and Mitsui & Co., Ltd. Idemitsu and Mitsui are Japanese companies and the joint venture pertains to the construction and operation of a Linear Alpha Olefins plant on the U.S. Gulf Coast.

The joint venture is in the Front End Engineering and Design ( FEED) phase, which will be completed in 2014. Dow expects the agreement with the joint venture to enable a long-term supply and purchase relationship for linear alpha olefins, which will enhance its performance plastics franchise.

Dow believes that the joint venture will utilize an integrated supply of ethylene from Dow's production grid on the U.S. Gulf Coast to produce linear alpha olefins used as comonomers throughout Dow's performance plastics franchise. The joint venture is also expected to contribute significant capital for these rights.

Dow stated that the agreement reflects its commitment to invest in projects that provide high returns and it is in line with Dow’s strategy to integrate cost-advantaged feedstocks to support profitable growth of the company’s high value Performance Plastics franchise. The deal also helps Dow build strategic relationships that enable it to derive economies of scale and improve capital efficiency.

Dow did not disclose the financial terms of the agreement and stated that the location options for the linear alpha olefins unit are currently being explored. Construction and start-up of the new unit is targeted for 2016.

Apart from this, Dow also announced that it plans to build a number of specialty material production plants on the U.S. Gulf coast to leverage feedstock advantage available from increasing supplies of shale gas in North America.

Dow expects to ramp up the Performance Plastics capacity along the U.S. Gulf coast and plans to construct new facilities along the Gulf Coast. These facilities will likely include a number of technologies that will manufacture materials for Dow’s fastest growing market segments including packaging, hygiene and medical, electrical and telecommunications, transportation, sports and leisure, and consumer durables.

finance.yahoo.com