Russia will accelerate the development of petroche

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Russia will accelerate the development of petrochemical industry by using resources

although Russia has rich hydrocarbon raw materials, the petrochemical industry only accounts for 1.5% of the country's GDP. The Russian federal government hopes to give priority to the development of petrochemical products, make full use of resource advantages and drive the development of the overall petrochemical industry. At the conference on the development of chemical and petrochemical industries held by the Russian federal government last month, Russian Energy Minister Alexander Nowak pointed out that Russia will accelerate the development of petrochemical industry, including oil refining, chemical products with oil and natural gas as raw materials, and polymer, synthetic rubber, organic alcohol and other deeply processed petrochemical products. The petrochemical capacity will double by 2030

although Russia has advantages in raw materials and is a major exporter of petrochemical raw materials, Russia faces many challenges in developing its petrochemical industry

from a worldwide perspective, first, the successful development of unconventional oil and gas fields in North America - shale gas and shale oil is changing the pattern of the world's petrochemical industry. In general, North American shale gas will significantly reduce the cost of raw materials related to the U.S. petrochemical industry, including the measurement of the perpendicularity of the center line and the perpendicularity of the side line, and further enhance the competitiveness of the U.S. petrochemical industry. Second, the construction of a large number of new capacity in the Middle East has led to the rapid development of the petrochemical industry in the Middle East. In terms of ethylene capacity, the ethylene capacity in the Middle East has increased from nearly 9million tons/year in 2003 to nearly 25million tons/year in 2013 in the past 10 years, and the world weight: 10kg ratio has also increased from 9% in 2003 to 18%. At the same time, to solve the employment of some local people, the Middle East provides price subsidies for the production of raw material ethane in the petrochemical industry. The price of ethane in the Middle East is only about 15% of the cost of alternative energy, which makes the cost advantage of the petrochemical industry in the region more obvious. Third, the Asia Pacific region continues to expand the production of petrochemical raw materials and products, especially the development of alternative raw material technologies such as coal chemical industry

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