Ethylene Prices in Armenia
Armenia is a landlocked country located in the South Caucasus region of Eurasia. Ethylene can be used in the industries of polymerization, synthetic fibers, softening, solvents, antifreeze and alcohol. Armenia's most important trading partners in terms of exports are Russia, Switzerland, Bulgaria, Iraq, the Netherlands, China (4.50%) and Iran. One of the primary uses of ethylene is as a feedstock for the production of plastics
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Armenia in industry, tourism, services, agriculture experienced great prosperity. The first synthesis of ethylene gas compounds (dichlor and ethane) was performed in 1795 by a Dutch chemist. Russia is Armenia's primary trading partner and a major source of imports. West Asia, specifically countries like Saudi Arabia, Qatar, and Iran, plays a significant role in the global petrochemical industry