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Could Bio-Based Chemicals Replace Petrochemicals in the UK Chemical Industry?
UK chemical industry research budget at a seven year high
Is green chemistry the answer to reducing carbon emissions?
Petrochemicals growth predicted to rise through to 2050
As the UK has invested in cutting pollution and carbon emission, other countries are investing in more petrochemical opportunities. There has been rapid growth from India and China propelling the demand for petrochemical products. Oil companies such as Exxon Mobil and Royal Dutch Shell are planning to invest in petrochemical plants as the demand for plastics continues to increase in emerging economies.