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Ethylene trade in Ethiopia - Exporting Ethylene to Ethiopia
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Trade with Ethiopia
Ethiopia's Petrochemicals market
Ethylene trade in Ethiopia
Ethylene is a naturally occurring hydrocarbon gas composed of two carbon atoms and four hydrogen atoms, with the chemical formula C2H4. The discovery of ethylene can be traced back to the 17th century when naturalists and scientists made observations regarding the effects of certain gases on plant and fruit physiology. One of the primary uses of ethylene is as a feedstock for the production of plastics. West Asia, specifically countries like Saudi Arabia, Qatar, and Iran, plays a significant role in the global petrochemical industry.
Petrochemical products in this region are produced from hydrocarbons derived from crude oil and natural gas, which are abundant resources in many countries within West Asia. West Asia has abundant reserves of crude oil, and countries like Saudi Arabia, Iraq, Iran, Kuwait, and the United Arab Emirates are among the largest producers in the world. Petrochemical polymers and plastics offer a wide range of properties and can be tailored to meet specific requirements. Petrochemical products serve as vital raw materials for numerous industries.
Ethiopia is recognized as one of Africa's fastest-growing economies. With a population exceeding 115 million, it offers a large and promising market for trade and investment. Traditionally, Ethiopia's economy has been based on agriculture, but in recent years, the government has been striving to shift the economy towards industrialization and services. The country has initiated numerous projects to develop infrastructure and improve the investment climate, including transportation networks, energy, and communications.
Directory of Ethylene suppliers in Ethiopia