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December 27th, 2011:

Shale Spurs U.S. States to Vie for Chemical Projects, WSJ Says

By Joe Carroll

Dec. 27 (Bloomberg) — A surge in U.S. natural-gas production from shale rock is spurring states to compete for companies to produce chemicals from the fuel, the Wall Street Journal reported.

Pennsylvania, Ohio and West Virginia are vying to attract a plant that will turn gas into ethylene proposed by Royal Dutch Shell Plc, the Journal reported today. Shell intends to announce a site early next year, the newspaper said. Ethylene is a building block of plastics and other materials used to make pipes, paint and antifreeze. read more

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