Plastic pellets boost new housing salesPlastic pellets boost new housing saleshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=190952018-02-13T06:00:00Z2018-02-13T23:00:00Z

​​Colorful plastic pellets, like the kind that would be produced from extracted ethane, and shipped to China to be made into consumer goods.BRAZORIA COUNTY – New home sales across the county reached 1,299 in 2017, up 88 percent from 2015, making the county one of the most active parts of Houston's regional housing market.

Entry-level housing, specifically, is in high demand.

The reason—plastic pellets.

Natural gas extracted from the Eagle Ford and South Texas region is exported to foreign power plants.

The ethane content in the gas is too high for international export standards, though, so new LNG terminals in Freeport and other coastal areas are removing the ethane and turning it into tiny plastic pellets.

"That trade actually fuels a lot of growth in our market," Scott Davis, senior vice president for Meyers Research, said. "It's creating tremendous demand in Brazoria County."
Houston Chronicle
Houston-The Woodlands-Sugar Land

​See also: Houston-The Woodlands-Sugar Land​ Housing Market Research.

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