Petrochemicals and Petroleum Derivatives
At the heart of the global economy lies the petrochemical industry, which converts crude oil and natural gas into a wide range of essential products. From plastics and synthetic fibers to solvents and fertilizers, petrochemicals are integral to everyday life. The expansion of petroleum derivatives production—including gasoline, diesel, jet fuel, and asphalt—supports transportation, construction, and consumer goods sectors. Modernization efforts focus on increasing yield, improving environmental performance, and producing feedstocks for advanced materials and green chemistry applications.