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To: Dennis Roth who wrote (183756)5/6/2014 11:42:59 PM
From: isopatch  Respond to of 206178
 
Enormous NG demand infrastructure build out continues to attract strong LT capital commitments from overseas AWA domestically.

(excerpted from longer article):

<BASF plans record spend on U.S. plant, lured by shale gas

Fri May 2, 2014 6:50am EDT

By Ludwig Burger

FRANKFURT, May 2 (Reuters) - BASF, the world's No.1 chemicals company by sales, said it could spend more than 1 billion euros ($1.4 billion) to build a petrochemical plant in the United States, joining global peers attracted by cheap shale gas there.

Natural gas is about three times cheaper in the United States than in Europe, encouraging BASF to redirect investment away from its home region, which still accounts for more than half of group sales.

The planned plant on the U.S. Gulf Coast - which would be BASF's largest investment in a single facility - would convert natural gas into propylene, a key building block for advanced materials such as insulation foams, lubricants and superabsorbants for diapers.

BASF is seeking to curb its reliance on suppliers of propylene, and more in-house production will give it flexibility to make more advanced products that need propylene as input, finance chief Hans-Ulrich Engel said.>

<BASF said it was still in the early planning stages for the American plant, and gave no timeframe, but it has a track record of following through with big investments after going public with proposals.

"We are currently in a net buyer position for propylene. That's the key driver for considering an investment," Engel told analysts in a conference call.

Propylene has mainly been made from the oil distillate naphtha, but cheap shale gas from hydraulic fracturing, or fracking, is gaining importance as a feedstock.

PROJECTS

The company is not alone in looking to the United States. Lobby group the American Chemistry Council said in February that the value of planned chemical industry investment projects linked to shale gas had topped $100 billion, more than half of which is from firms based outside the United States.>

reuters.com



To: Dennis Roth who wrote (183756)5/15/2014 4:26:28 PM
From: Dennis Roth  Respond to of 206178
 
Collins Bus Announces Production of New CNG Type-A School Bus Set for Fall
stnonline.com

...Collins is partnering with Westport, which is providing the dedicated natural-gas Westport Wing Power System that is certified by the California Air Resources Board and the U.S. EPA. The CNG bus is also the "first-ever, Ford-recognized, Type-A school bus that runs on natural gas," said Paul Shaffer, Westport's vice president and managing director of North American Ford business...

Collins Bus Corporation Partners with Westport to Launch Dedicated Compressed Natural Gas (CNG) Type A School Bus
prnewswire.com

Sustainable energy model decreases greenhouse gas (GHG) emissions, reduces operating costs and is backed by Ford Factory engine and powertrain warranty



To: Dennis Roth who wrote (183756)6/13/2014 10:22:02 AM
From: Dennis Roth1 Recommendation

Recommended By
evestor

  Respond to of 206178
 
The road ahead still isn't clear for natural gas trucks
By Ryan Holeywell June 12, 2014 houstonchronicle.com

But converting fleets to run on natural gas hasn't been easy, and so far hasn't resulted in savings, said Bill Bliem, senior vice president of fleet services at NFI Industries, a New Jersey-based logistics company.

"There need to be some changes in the cost model," Bliem said.

Natural gas vehicle investments are for the long-term
By Rodney White | June 10, 2014 blogs.platts.com