Market outlook: Shale gas impacts bio-based chemicals

Study of technically recoverable shale gas in 32 countries

There are both positive and negative impacts on the bio-based chemical sector from shale gas development. However, the positive aspects outweigh the negative.

There has been a great deal of discussion on the impact of shale gas on bio-based commodity chemicals. While shale gas offers competitively priced feedstock for certain chemicals, it also opens up opportunities to develop bio-based chemicals. Less production of other chemicals resulting from shale gas feedstock leaves a gap for bio-based chemicals to fill. The latter are also driven by demand pull from consumer companies.

… Full text: www.icis.com/Articles/2013/06/07/9676331/market+outlook+shale+gas+impacts+bio-based+chemicals.html

Tags: CO2 reductions, biomass, C4s, bio-aromatic compounds, environmental sustainability, biofuels, market, Europe, China, US, PE, BDO, MEG

Source

ICIS, 2013-06-07.

Supplier

Archer Daniels Midland Company (ADM)
BASF SE
Braskem
Bunge Limited
Cargill, Inc.
Carrefour Group
Coca-Cola Co.
Danone GmbH
Dow Chemical Company
Flemish Institute for Technological Research (VITO)
Food and Agriculture Organization of the United Nations (FAO)
Geno (formerly Genomatica, Inc.)
Marks and Spencer Group plc
Mitsui & Co., Ltd.
National Geographic
Pöyry PLC
TNO
Toyota Tsusho Corp.
US Energy Information Administration (EIA)

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