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Shale gas crackers will shake up industry: ExxonMobil chief

More competition seen for Singapore's petrochemicals industry
Friday, January 10, 2014 - 06:00

[SINGAPORE] The emergence of shale gas-advantaged petrochemical crackers in North America will see the global refining/ petrochemicals industry, including Singapore's, enter a period of competition "not seen for quite some time", warned ExxonMobil (EM) chairman and CEO Rex Tillerson. "It's going