SAN ANTONIO—The petrochemical renaissance involves five areas: the growing U.S. feedstock and fuel supply; advantaged U.S. infrastructure; “recompetitive” U.S. petrochemical capacity; U.S. exports to global petrochemical markets; and the risks to the renaissance, according to Greg Haas, director of integrated oil and gas research for Stratas Advisors. Haas discussed the infrastructure for the petrochemical renaissance at Hart Energy’s Midstream Texas conference in late October.
Stratas Advisors, a global research and consulting advisory firm, covers all sectors of the energy industry. For the midstream sector, it reviews capacities and constraints in midstream as well as farther down the value chain into the downstream, refining, petrochemical and other industries in North America and worldwide. The company also examines imports and exports, which leads to its pricing forecast.