Target Audience
- Investors
- Traders
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products.
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The scale of chemical manufacturing tends to be organized from largest in volume (petrochemicals and commodity chemicals), to specialty chemicals, and the smallest, fine chemicals.
The petrochemical and commodity chemical manufacturing units are on the whole single product continuous
Specialty chemicals are a category of relatively high valued, rapidly growing chemicals with diverse end product markets. Typical growth rates are one to three times GDP with prices over a dollar per pound.
"Polymers and plastics, especially polyethylene, polypropylene, polyvinyl chloride, polyethylene terephthalate, polystyrene and polycarbonate comprise about 80% of the industry’s output worldwide".
The scale of chemical manufacturing tends to be organized from largest in volume (petrochemicals and commodity chemicals), to specialty chemicals, and the smallest, fine chemicals.
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