May 03, 2012 by NADCA in Industry News
Bloomberg News (4/25, Black) reports, "Honeywell International Inc. has discovered a one-step process to convert household natural gas into a plastics raw material." The new "technology in time could ease a glut of natural gas from US shale drilling; lower the cost of products ranging from soda bottles to paint; and give Honeywell a steady profit stream from licensing the technique in the $150 billion plastics raw-material industry." The one-step "process would allow companies to make ethylene -- the substance from which plastic and other materials are created -- from methane, commonly known as natural gas."