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Shale gas shakes up PE market
TAMPA, FLA. (Feb. 23, 2:15 p.m. ET) — The shale gas boom has turned the North American market for polyolefins upside-down. And, according to market analyst Nick Vafiadis, it doesn’t appear to be flipping back anytime soon. Vafiadis, polyolefins and PVC business director with IHS Chemical in Houston, described the impact of newfound discoveries of shale gas on the North American polyethylene market as "wholly unexpected."