Hundreds of Teesside chemicals jobs secured as Sabic joins shale gas revolution (From The Northern Echo)

Hundreds of Teesside chemicals jobs secured as Sabic joins shale gas revolution

4:34pm Thursday 14th August 2014 in Business News By Andy Richardson

Sabic (Saudi Basic Industries Corporation) on Teesside

HUNDREDS of North-East chemicals jobs have been secured following a major investment to join the shale gas revolution.

Sabic on Teesside is converting its famous cracker plant so it is capable of running on ethane that will be imported from the US.

The move will cut the plant’s costs significantly and help to safeguard the long term future of Sabic in the region.

The company employs 600 people directly on Teesside and more than 400 contractors. In addition, it is estimated to support 4,000 jobs across the North-East supply chain.

via Hundreds of Teesside chemicals jobs secured as Sabic joins shale gas revolution (From The Northern Echo).