All about Petrochemical Industry.


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Uploaded on Feb 14, 2020

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PPT on All about Petrochemical Industry.

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All about Petrochemical Industry.

ALL ABOUT PETROCHEMICAL INDUSTRY Petrochemical Industry • The petrochemical industry produces synthetics utilizing oil and natural gas as significant crude materials. • Oil and petroleum gas are made fundamentally out of hydrocarbons. Most petrochemicals contain hydrogen or carbon or both. Image source: Google image Types of Petrochemical Industry • The industry consists of 2 major divisions. – Primary petrochemical industry produces basic chemicals (ethylene, from oil or gas). – Secondary industries convert the basic petrochemicals into materials that may be directly used by other industries such as plastics, paints, rubber, fertilizers, detergents, dyes, textiles and solvents Image source: Google image Petrochemical Industry in India • The industry contributes largely to the economy, growth and development of the country. • Four major companies dominate the industry in India. – Reliance Industries Ltd (RIL) – Indian Petrochemicals Corporation Ltd. (IPCL) – Gas Authority of India Ltd. (GAIL) Image source: Google image – Haldia Petrochemicals Ltd. (HPL)  Characteristics of Indian Petrochemical I•nThde Peturochemical Industry in India is a cyclic industry.• India has sonte rof ythe most minimal per capita utilizations of petrochemical items in the world. Image source: Google image Facts about Petrochemical Industry in India Market size - US$700 million Growth Rare -15 percent • Major Player – Reliance Characteristics of Indian Petrochemical I•nThde Peturochemical Industry in India is a cyclic industry.• India has sonte rof ythe most minimal per capita utilizations of petrochemical items in the world. Image source: Google image Facts about Petrochemical Industry in India • The immediate effect of this development rate would bring about ventures of around $12 billion to $15 billion. • According to the Petroleum Ministry in India the refining limit of India will ascend from 135 million tons for every annum Key Segments in the Indian Petrochemical industry • Polymers • Polyester Intermediates (CAN, DMT, Caprolactum, MEG and PTA) • Aromatics (Paraxylene) • Benzene, Toluene, MX and OX Image source: Google image Key Issues and Challenges – India's creation of ethylene is far lesser than China's. As indicated by specialists the condition will remain so for at any rate the following 5-7 years. – The other significant difficulty for the Indian petrochemical industry is the cost of feedstock which is relatively higher in India when contrasted with China. THANK YOU