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America’s chemicals industry is booming. But politics may get in its way

It is one of America’s largest export sectors, but it will suffer in a trade war

“THIS is what $3bn looks like.” So beams a manager at Chevron Phillips Chemical (CPC), a petrochemical company jointly owned by Chevron and Phillips 66, both American oil firms. She throws open her arms in a figurative embrace of a giant cracker (pictured) built by the firm in Baytown, a gritty part of Houston. The new plant turns vast quantities of ethane, which is derived from natural gas, into ethylene, an important building block in plastic. Another nearby facility, which the firm has recently expanded, converts the ethylene into plastic resin that is sold worldwide. All told, CPC has spent some $6bn expanding its chemicals-production infrastructure around Houston.

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Texas Gulf Ports Preparing to Handle Still Greater Volumes of Diverse Cargo

Reprinted courtesy of American Journal of Transportation

Military cargo activity is on the rise at the Port of Port Arthur, including maneuvers entailing movement of more than 1,400 pieces of U.S. Army equipment plus more than 600 soldiers from Hawaii to Fort Polk, in Vernon Parish, Louisiana, to be followed by return transport after exercises are completed. While port officials look to continue to benefit from project cargo arriving for numerous nearby refinery expansion undertakings, forest products remain a staple at the Port of Port Arthur, with dimensional lumber imports from Europe joining such longtime cargos as wood pulp imports from Brazil and Kraft linerboard exports to Europe.

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March Matters! Go Vote on March 6th!

By Hector L. Rivero, President & CEO, Texas Chemical Council and the Association of Chemical Industry of Texas.

In Texas, general elections don’t matter much these days, but Primaries do! So voting in March will impact who represents you more than you think. There are few contested general election races of consequence, but there are numerous contested primary election races, and significant philosophical differences between candidates running in primaries today. With every statewide office in Texas held by a Republican, many people think there’s no reason to vote in a primary, or that their vote won’t make a difference. However, for businesses, industries, and homeowners, the differences between candidates in party primaries can have a significant impact on your pocketbook, and your job. There’s no question that Republicans currently dominate Texas politics with 25 of the 36 Congressional seats, 20 of the 31 State Senatorial seats, and 95 of the 150 State House seats. But we shouldn’t assume that all Republican candidates think alike. Many Republicans holding office today prioritize social conservatism over business conservatism. While they may support less government regulation, it also means they do not support government economic development incentives that attract new industry investment and job growth. This can impact the ability for our industry to expand and add new jobs.

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Upcoming Events

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HSC Pasadena Livestock Show & Rodeo BBQ Cook-Off

September 13-15, 2018

Pasadena Convention Center

Gulf Coast Industry Forum

September 19-20, 2018

Pasadena Convention Center

19th Annual Mid Coast Chapter Golf Tournament

September 21, 2018

The Wilderness Golf Course / Lake Jackson

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