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Damascus Petrochemicals Suppliers And Traders

SYRIA PETROCHEMICALS MARKET

Petrochemicals Prices in Syria

Syria is located in West Asia, north of the Arabian Peninsula in the Middle East‎. The Middle East is one of the most important hubs in the petrochemical industry. The Syrian government grants temporary imports of goods to other countries without paying taxes in the following cases. Petrochemical polymers and plastics offer a wide range of properties and can be tailored to meet specific requirements

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Syria earns millions of dollars annually through its ports on the Mediterranean Sea. our petrochemical industry has many phases of production of crude oil products. The banking system in Syria is under the control of the Syrian government, and all Syrian banks operate under the Ministry of Economy and Trade. Petrochemical products serve as vital raw materials for numerous industries

Petrochemical Polymer and Plastic Products
Petrochemical Polymer and Plastic Products

Therefore, with a closer look at this issue, it can be understood that the production of polymers and granules in our petrochemical is very important. Currently, the largest imports of petrochemical industries are in the form of granules, because these products are not found naturally and must be produced. 

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In what industries is polypropylene used?
In what industries is polypropylene used?

Polypropylene has been able to replace engineering polymers and even metal parts in industrial applications due to its easy acceptance of high amounts of various fillers and reinforcements, and as a result, a wide market has been opened for it. In addition, alloying with other polymers has diversified the grades and applications of this polymer. polypropylene is used in:

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What is the difference between styrene butadiene rubber and natural rubber?
What is the difference between styrene butadiene rubber and natural rubber?

In general, the presence of the following properties makes styrene butadiene rubber superior to other similar materials.

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Syria Geography
Syria Geography

Syria's highest point is Mount Jabal al-Sheikh, 2,814 meters (9,232 feet) on the Lebanese border. Semi-arid steppe zones, nestled between the wet shores of the Mediterranean on one side and the desert on the other, cover about three-quarters of the country. These steppe zones host hot, dry winds blowing through the desert.

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Products made from petrochemicals are growing in popularity. Syria holds 8. Syria has proven reserves equivalent to 64. Petrochemicals are the building blocks that are essential to making the goods that make modern life possible — from paints to plastics, space suits to solar panels, medicines to mobile phones. Natural gas liquids and naphtha that is created from crude oil during the refining process are used as feedstocks to manufacture a wide variety of These six petrochemicals can be made into plastics, nylons, polyesters, etc. Petrochemicals and the specialty chemicals created from them have special properties that simply make the products we use better. Beyond proxy wars in Yemen and Syria, competition could also stretch into the economic realm as Iran comes out from under sanctions and Saudi Arabia takes on more economic reforms. The two countries will compete economically in the global petrochemicals market even though the Organization of Petroleum Producing Countries (OPEC) reached an agreement to freeze oil output at current levels. Sanctions relief and decreased feedstock prices have allowed Iran, the Middle East’s second-largest petrochemicals producer, to engage with its archrival Saudi Arabia, the Middle East’s largest low-cost producer, in a bigger competition over petrochemicals and polymers markets. other polymers that are made out of extensive uses that range from the production of cars and electric insulators to fibers and an array of consumer goods. The development of the petrochemicals industry will enable them to produce more value-added products that can help other domestic as cosmetics, and need specialty chemicals. Emerging markets in South Asia, such as India, are more promising for the Gulf region’s petrochemicals producers. With the steep fall in oil prices since mid-2014, the of European and Asian petrochemicals increased Gulf producers due to the decreasing price of naphtha feedstock. However, since the sanctions relief, Tehran has begun planning mega-projects in its petrochemicals industry, which it considers vital to its economic schemes, especially following the global oil price slump. The trouble for Iran is that there may not be as much demand for petrochemicals by the time its market is ready to compete with Saudi To ramp up its production significantly, Iran needs investment and expertise in its petrochemicals because the legal framework is still opaque, this will take time and Iran’s petrochemicals production will increase just when the market starts getting saturated. Over the last decade, petrochemicals (excluding condensates) expanded from approximately 23 percent of the value of Iran’s non-oil exports in the Persian year of 1386 to 30 percent in 1391 averaging 34 percent growth during this period. After two years of sanctions, the value share of petrochemicals grew to 39. 1 Despite relative improvements in the industry, the lack of investments and lagging output after sanctions will turn Iran into an importer of a number of petrochemical products in the near future so it can revitalize several industries and non-oil export sectors. the promising outlook, Iran’s ability to expand in the global petrochemicals market depends on many factors. Therefore, over-relying on petrochemicals for export revenue might hurt Iran’s non-oil export growth if it does not achieve wider in the long term.
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https://www.worldometers.info/gas/syria-natural-gas/
https://www.shaalaa.com/question-bank-solutions/give-geographical-reasons-following-petrochemical-products-are-gaining-popularity-modern-times-petro-chemical-electronics_21785
https://www.companiess.com/syrian_petrochemicals_info1842228.html