SOURCE: Industrial Info Resources

Industrial Info Resources

July 20, 2012 06:30 ET

Weak Domestic Market and Shaky Export Market Darken Outlook for U.S. Natural Gas Liquids Business, an Industrial Info News Alert

DENVER, CO--(Marketwire - Jul 20, 2012) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The specter of China, India and Europe hung over a conference here this week on U.S. natural gas liquids. One speaker, Peter Fasullo, principal of En*Vantage, Incorporated, said, "We really need China's economy to be growing at 9.5%." But he acknowledged the fading prospects for that: China's economy, the world's second-largest behind the U.S., is slowing, though the rate of deceleration remains under debate. Another speaker told conference attendees that about 50% of global waterborne liquid petroleum gases shipments go to China, Japan and India -- all economies that are either in the doldrums (Japan) or are slowing from their recent breakneck pace (China and India).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau