Petrochemicals are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other f...
Petrochemicals are chemical products
derived from petroleum. Some chemical compounds made from petroleum are also
obtained from other fossil fuels, such as coal or natural gas, or renewable
sources such as corn or sugar cane.
Two petrochemical classes are olefins including ethylene and propylene, and
aromatics including benzene, toluene, and xylene isomers. Oil refineries
produce olefins and aromatics by fluid catalytic cracking of petroleum
fractions. Chemical plants produce olefins by steam cracking of natural gas
liquids like ethane and propane. Aromatics are produced by catalytic reforming
of naphtha. Olefins and aromatics are the building-blocks for a wide range of
materials such as solvents, detergents, and adhesives. Olefins are the basis
for polymers and oligomers used in plastics, resins, fibers, elastomers,
lubricants, and gels.
The products cover:
1. Construction/Erection Policy
2. Operational Risk Policy
3. Liability Policy
4. Tailor Made Policy
