petrochemical

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petrochemical,

any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons. Originally considered waste products suitable only for use as illuminants and fuels, the gases today are manufactured into petrochemical substances widely employed in industry. Important petrochemical compounds are alcohols and aldehydes, butylene, butadiene, ethylene, propylene, toluene, styrene, acetylene, benzene, ethylene oxide, ethylene glycol, acrylonitrile, acetone, acetic acid, acetic anhydride, and ammonia. Materials made from the gases include carbon black, synthetic rubber, polystyrene, polypropylene, and polyethylene. Petrochemicals are widely used in agriculture, in the manufacture of plastics, synthetic fibers, and explosives, and in the aircraft and automobile industries.

petrochemical

1. any substance, such as acetone or ethanol, obtained from petroleum or natural gas

2. of, concerned with, or obtained from petrochemicals or related to petrochemistry

References in periodicals archive ?

Iran's petrochemical output rose by 10 million tonnes per year (mtpy) under President Rouhani in his first term in office, reaching 50.

Petchem hubs on the anvil

Yangzi Petrochemical attaches great importance to the competition, the organizing committee set up a special division and division office, coordinate the promotion of the preparatory work of the Division.

China : Opening of the China Petrochemical 2016 paraxylene plant operator vocational skills competition

The report referred to falling petrochemical output in the years of sanction and said the output started following upward growth.

7.8% Growth in Petchem Output This Year

In an interview with The Wall Street Journal last week, Mohammad-Hossein Peyvandi, deputy head of Iran's state-controlled National Petrochemical Co.

SANCTIONS ON 14 IRANIAN PETROCHEMICAL COS TO GO

By launching these projects it is expected at least 3600 jobs will be created and production capacity of petrochemical products will increase by more than 8 million tons.

Iran's Petrochemical Production Capacity on the rise

It also spent $144 million for a stake in a nearly completed $1 billion petrochemical complex in Rio de Janeiro state, called Rio Polimeros.

Plastic fantastic: Petrobras wants to control its products from well to tank to table, and it has the cash to do so

DSM Petrochemical, which includes DSM Polyethylenes and DSM Polypropylenes sells about 5.

SABIC to buy DSM's polyolefins. (Your Business in Brief)

This trend is likely to also shake up the global petrochemical industry with emergence of National Chemicals and Oil Companies as global players and established western companies having to exit or shrink unless they realign by moving eastwards through partnerships or strategic alliances to be near the consumption centers to catch up with Asia Petrochemical boom.

Research and Markets: Analyzing the Global Petrochemical Industry 2013

Part of the development plan of Marvdasht Petrochemical Plant was launched in the presence of senior Iranian officials.

Marvdasht Petchem Plant on Path to Evolution

The official also noted that, The Iranian Oil Ministry's policy of developing new petrochemical hubs to avoid excessive reliance on Iran's current petrochemical powerhouse, Asalouyeh.

Iran Islamic Republic of : IRAN intends to create New Petrochem Hub

According to Bayat, Iran currently ranks first in the Middle East in terms of annual production of petrochemical products, thanks to its rich raw materials base and favorable geographical location.

RUSSIAN PETROCHEMICAL GIANT TO HELP IRANIAN PROJECTS

Ironically, the government expects state oil giant Petrobras to drive new mergers by buying back into the sector, even though Petrobras created conditions for the original set of mergers that led to Braskem--mergers still facing antitrust review--by selling off some of its own petrochemical assets.

Petrochem powerhouse: Brazil's Braskem is set to grow, but its clients--and the government--want competition