Page 25 - Cost_Competitiveness
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The Institute of Cost Accountants of India
were owned by the receiving company, are olefns (including ethylene, propylene
in most cases an electric utility. Because and butadiene) and aromatics (including
of the increasing level of competition of benzene toluene and xylenes). Chemical
LNG producing sites worldwide, however, products based on these base materials
major oil and gas frms now increasingly include polyethylenes (PE), polyvinyl
also hold an equity stake in the receiving chloride (PVC), styrene and polystyrene
facility to ensure an off-take for their LNG (PS) as well as polypropylene (PP), which
production. in turn are the basis for a wide range
of everyday products such as pipes
3.5 Petrochemicals and tubing, plastic bags and bottles,
telephones, coffee pots, electronic
Petrochemicals are chemicals made components and car tires.
from crude oil and natural gas and
account for approximately 40% of the The oil industry became involved in
worldâs chemical market. The two main petrochemicals from the 1920s, since
groups of primary or base petrochemicals naphtha (from refneries), natural gas
www.icmai.in
The Institute of Cost Accountants of India
were owned by the receiving company, are olefns (including ethylene, propylene
in most cases an electric utility. Because and butadiene) and aromatics (including
of the increasing level of competition of benzene toluene and xylenes). Chemical
LNG producing sites worldwide, however, products based on these base materials
major oil and gas frms now increasingly include polyethylenes (PE), polyvinyl
also hold an equity stake in the receiving chloride (PVC), styrene and polystyrene
facility to ensure an off-take for their LNG (PS) as well as polypropylene (PP), which
production. in turn are the basis for a wide range
of everyday products such as pipes
3.5 Petrochemicals and tubing, plastic bags and bottles,
telephones, coffee pots, electronic
Petrochemicals are chemicals made components and car tires.
from crude oil and natural gas and
account for approximately 40% of the The oil industry became involved in
worldâs chemical market. The two main petrochemicals from the 1920s, since
groups of primary or base petrochemicals naphtha (from refneries), natural gas
www.icmai.in
