Contact name:Sandy Lin

Whatsapp/skype/Phone number:86-18020776786

Email:unity@mvme.cn

During World War II, the demand for synthetic materials to replace costly and sometimes less efficient products caused the petrochemical industry to develop into a major player in modern economy and society. Before then, it was a tentative, experimental sector, starting with basic materials: • Synthetic rubbers in the 1900s • Bakelite, the first petrochemical-derived plastic, in 1907 • First petrochemical solvents in the 1920s • Polystyrene in the 1930s And it then moved to an incredible variety of areas: • Household goods (kitchen appliances, textiles, furniture) • Medicine (heart pacemakers, transfusion bags) • Leisure (running shoes, computers...) • Highly specialized fields like archaeology and crime detection With oil prices of $100 a barrel or more, even more difficult-to-access sources have become economically viable. Such sources include tar sands in Venezuela and Canada, shale oil and gas in the US (and developing elsewhere), coal bed methane and synthetic diesel (syndiesel) from natural gas, and biodiesel and bioethanol from biological sources have seen a dramatic increase over the last ten years. These sources may eventually more than triple the potential reserves of hydrocarbon fuels. Beyond that, there are even more exotic sources, such as methane hydrates, that some experts claim can double available resources once more.

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