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Plastics Industry Enjoying A Big Boost From Growth In Shale Extraction

Plastics are used in wide range of applications from packaging to employee identification cards. For most companies, the plastic card printer is an ideal and cost effective solution for the creation of corporate cards, membership cards, loyalty cards and tags, events and visitor passes and student IC cards. Aside from cost reduction, logoshave more consistent design, colour and quality.

The sector for plastic manufacturing is enjoying a big boost from the growth of shale gas extraction across the United States. Shale has a by-product called ethane which is used as the building block for many plastic products. Due to the growth in the ethane supply, the US has become an attractive source for those that need plastic resin.

According to the Plastic Industry Association’s 2016 Size and Impact Report, availability of large quantities of natural gas is turning the plastics industry of the United States from one of the highest to the lowest-cost producers all over the world. Bill Carteaux, president and CEO of plastics association said that the plastics industry will become a significant part of the nation’s efforts for job growth in manufacturing. He further said that plastics industry is now the third largest in the manufacturing sector behind gas and oil extraction and the automobile industry.

The manufacturing industry is very optimistic right now because of the strong growth in investment for plastic processing in Ohio, Michigan, Indiana, Wisconsin and Texas. There are many new investments in plastic manufacturing because they want to take advantage of lower cost materials.

Shell Chemical Co is now constructing a petrochemical plant in Pittsburg with the capability to produce more than 3 billion pounds per year of PE. Other chemical companies are also investing billions for the construction of ethane cracker facilities in other states like Louisiana.

Different organizations use plastics because they can be used for different purposes. Companies with plastic card printer offer efficient and cost effective printing with consistent quality in logos and design. There is ready made selection of templates to choose from; however, design can also be customized to ensure the personalization of the plastic cards.

Plastics Industry Enjoying A Big Boost From Growth In Shale Extraction

Plastics are used in wide range of applications from packaging to employee identification cards. For most companies, the plastic card printer is an ideal and cost effective solution for the creation of corporate cards, membership cards, loyalty cards and tags, events and visitor passes and student IC cards. Aside from cost reduction, logoshave more consistent design, colour and quality.

The sector for plastic manufacturing is enjoying a big boost from the growth of shale gas extraction across the United States. Shale has a by-product called ethane which is used as the building block for many plastic products. Due to the growth in the ethane supply, the US has become an attractive source for those that need plastic resin.

According to the Plastic Industry Association’s 2016 Size and Impact Report, availability of large quantities of natural gas is turning the plastics industry of the United States from one of the highest to the lowest-cost producers all over the world. Bill Carteaux, president and CEO of plastics association said that the plastics industry will become a significant part of the nation’s efforts for job growth in manufacturing. He further said that plastics industry is now the third largest in the manufacturing sector behind gas and oil extraction and the automobile industry.

The manufacturing industry is very optimistic right now because of the strong growth in investment for plastic processing in Ohio, Michigan, Indiana, Wisconsin and Texas. There are many new investments in plastic manufacturing because they want to take advantage of lower cost materials.

Shell Chemical Co is now constructing a petrochemical plant in Pittsburg with the capability to produce more than 3 billion pounds per year of PE. Other chemical companies are also investing billions for the construction of ethane cracker facilities in other states like Louisiana.

Different organizations use plastics because they can be used for different purposes. Companies with plastic card printer offer efficient and cost effective printing with consistent quality in logos and design. There is ready made selection of templates to choose from; however, design can also be customized to ensure the personalization of the plastic cards.