Bulletin Updates
Oil to petrochemicals moving to green and recycled sources: Is it still lip service? – 7 Jun 2021
Jun 07, 2021
Today roughly 80% of every barrel of oil is used to make gasoline, diesel and jet fuel, with the rest going into petrochemical products. As demand for petroleum fuels gradually declines, the amount of oil used for that "other" share will grow.
Unless green petrochemicals step in or there is more recyling
But will that happen fast enough?
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