China's PetroChina, Others Bet on Strategy of 'Less Fuel, More Chemicals'
China's PetroChina, Others Bet on Strategy of 'Less Fuel, More Chemicals'
BEIJING--June 10, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Many refineries are embracing a philosophy of "less fuel, more chemicals" as the demand for fossil fuels shrinks. Upgrades can enable refineries to produce products such as olefins or aromatics.
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