A Petrochemical is any chemical substance obtained from crude oil or natural gas that includes ethane, propane, butane, and other hydrocarbons. Major Petrochemicals are acetylene, benzene, ethane, ethylene, methane, propane, and hydrogen, from which hundreds of other chemicals are derived.
Related Definitions in the Project: The Project; Engineering; Plant and Process Unit
Example Article of the Petrochemical:
Asian Refiners Pour Billions Into ‘Transition’ Petrochemicals (Source: Oil Price on 25 July 2023): By Irina Slav - The idea that the energy transition to an energy system dominated by wind and solar power appears to be at odds with the idea of an oil and gas refining industry. Yet this is a superficial contradiction: wind and solar cannot exist without oil and gas refining. Now, Chinese refiners are taking advantage of this fact. Reuters reported this week that petrochemicals producers in the Asian nation were investing tens of billions to expand their production capabilities for high-end products used in the wind and solar industries. Private and state-owned refiners alike were in a rush to position themselves as suppliers of things like carbon fiber for wind turbine blades, polyolefine elastomers for solar panels, and polyethylene for lithium-ion batteries. ...
