Shell Chemicals' Vice President, Strategy & Portfolio Mr. Allen Kirkley presented a speech on Ethylene 2008 2028: Feedstock Scenarios; 'Shell Chemicals' at New Orleans in April, 2008. The speech is to gauge the extent to which ethylene capacity expansion is currently being driven by the availability of advantaged feedstock. While the massive and rapid expansion of low-cost ethane-based ethylene production in the Middle East and the hold steady approach in North America and Europe would appear to support this view, the truth is a little more complex.

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