The U.S. development of shale gas continues to look bright. According to a recently published study by industry consultants Applied Market Information Ltd (AMI Consulting), among the factors that will significantly impact the growth of PE film usage as well as the level of global trade in finished film will be shale gas development in the U.S. This will lead to major reduction in the cost of PE resin in addition to reducing the energy cost of subsequent film production.
AMI Consulting claims that it is highly probable that North America will have a polymer cost base on a par with that in the Middle East, leading to PE film exports from North America overtaking those of the Middle East. Looking beyond 2018, this projected cost advantage, when combined with the technological expertise of U.S. polyethylene film producers, will ensure North American PE film producers become truly global players.