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The Value Perspective with Doomberg

The Value Perspective

CHAPTER

Plastics Are a Luxury of the Byproduct Economics

The chemical industry leverages unwanted byproducts of the barrel of oil or natural gas liquids from the field. The reason why we don't use ethanol today to make ethylene is because one those things are probably better used as foodstuffs and two it just can't compete with an ethylene cracker that makes billions of pounds a year, he says. "It's just economics right now that dictates the the pathways that we've chosen we're coming"

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