With the Obama administration on Wednesday approving a fourth company’s plans to sell natural gas overseas, some lawmakers and manufacturers said it’s time for the federal government to reassess the economic risks of those export approvals.
Widening the rift over exports of U.S. natural gas, Huntsman Corp. has joined a coalition campaigning against more foreign sales of the fossil fuel. The move follows Dow Chemical’s decision to break ties with the National Association of Manufacturers over the dispute.
Some of the nation’s largest chemical makers and manufacturers on Thursday united as a new coalition to lobby against a wholesale rush to export America’s new natural gas bounty, which they say threatens some $80 billion in planned investments in new U.S. plants and assembly lines.
Dallas-based Celanese plans to expand the ethanol production capacity at its Nanjing facility by 200,000 tons by mid-2013. The chemical manufacturer also will expand its Clear Lake campus for R&D, adding 50 technical jobs.
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