|05 / 2004|
Worth more than crude
Some experts estimate the annual surge in demand for petrochemistry production at a level of 5–6% up to 2020, compared with only a 1.7% average annual rise in demand for crude oil. The expansion of the global petrochemical market presents Russian companies with a viable opportunity for raising export shipments — investing in the industry, the companies discover that selling petrochemicals could well be more profitable than selling crude.
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