Petrochemical value chain

1. Products of IVL

1.1. 1. Polyethylene terephthalate (PET)

1.2. 2. Polyester fiber and yarn

1.3. 3. Purified terephthalic acid (PTA)

1.4. 4. Wool

2. What are Petrochemicals?

2.1. Chemical products derived from petroleum

2.1.1. Olefins (to make plastics or synthetic rubbers)

2.1.1.1. Ethylene

2.1.1.2. Propylene

2.1.1.3. Butadiene

2.1.2. Aromatics (to make plastics, synthetic rubbers, fiber, dyes, or detergents)

2.1.2.1. Benzene

2.1.2.2. Toluene

2.1.2.3. Xylenes

2.1.3. Synthetic gases (to make fertilizer or chemical intermediate)

2.1.3.1. Ammonia

2.1.3.2. Metanol

2.2. Main suppliers are firms in energy sector

2.2.1. Crude oil

2.2.2. Natural gas

2.3. Main customers are companies producing consumer staples

2.3.1. Bottles and other packaging of beverages

2.3.2. Packaging of food and medicines

2.3.3. Clothing and furnishing