Learning from petrochemical history: Strategies to the year 2000

Journal Article · Fri Jul 01 04:00:00 EDT 1988 · Chem. Eng. Prog.; (United States)

OSTI ID:7121273

Stobaugh, R; Gagne, J

The constant appearance of new products and processes has marked the petrochemical industry as a leader in innovation. Furthermore, the industry is global in scope and of major importance in the world economy. In 1988, the output of the U.S. petrochemical industry is expected to reach $90 billion, and world output will approximate $300 to $350 billion. Thus, the outlook for this industry is important for companies and governments. A review of some of the historical patterns of the petrochemical industry is necessary for a discussion of the industry's future prospects. These prospects, in turn, have strong implications for company strategies and government policies. But first, a look at the state of the petrochemical industry today.

• Research Organization: Harvard Business School, Boston, MA (US)
• OSTI ID: 7121273
• Journal Information: Chem. Eng. Prog.; (United States), Journal Name: Chem. Eng. Prog.; (United States) Vol. 84:7; ISSN CEPRA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020500* -- Petroleum-- Products & By-Products
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002 -- Energy Planning & Policy-- Petroleum
CHEMICAL PLANTS
ECONOMIC DEVELOPMENT
FORECASTING
INDUSTRIAL PLANTS
INDUSTRY
PETROCHEMICAL PLANTS
PETROCHEMICALS
PETROLEUM INDUSTRY
PETROLEUM PRODUCTS
PLANNING
PRODUCTION