Abstract
Recently the price of crude oil and various petroleum fractions has been increased by about 20 times, beyond all expectations. The availability of oil and other petroleum fractions has also become very uncertain. The shortage of oil has led to the severe competition between fuel for energy and feedstock for petrochemicals. Although the entire petrochemicals including fertilizers and synthetic polymers consume less than 10% of the supply of crude oil, the demand for fuel for energy makes the prospect of assured supply of feedstock for petrochemicals at a reasonable price increasingly gloomier. The cost advantage of polymer material in general over other coventional materials such as metals and alloys, glass and ceramics etc. has already been eroded considerably by the price raise of curde oil. Never before have plastics been faced with such a tough competition from conventional materials. Oil as a feedstock is also not renewable and one day, sooner or later, it will dry out.
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Maiti, S., Das, S., Maiti, M., Ray, A. (1983). Renewable Resources from Forest Products for High Temperature Resistant Polymers. In: Carraher, C.E., Sperling, L.H. (eds) Polymer Applications of Renewable-Resource Materials. Polymer Science and Technology, vol 17. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3503-0_10
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DOI: https://doi.org/10.1007/978-1-4613-3503-0_10
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