Petrochemicals: An Overview of the Chemical Industry's Backbone
Petrochemicals, often called the backbone of the chemical industry, are organic compounds derived from petroleum or natural gas. These compounds are the building blocks for many products, including plastics, synthetic fibers, rubber, fertilizers, etc. As such, petrochemicals play a significant role in the global economy, with the industry projected to grow even more in the coming years.
The petrochemical industry produces various products through various processes, including cracking, distillation, and reforming. The processes aim to separate crude oil into its constituent parts, such as ethylene, propylene, and butadiene, which are then used as feedstocks for producing other chemicals. In addition to crude oil, natural gas is also an essential feedstock for the petrochemical industry, with methane being converted into methanol, a key building block for many chemicals.
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