Chlorine is a chemical element with the symbol Cl and atomic number 17. Chlorine is widely used to disinfect drinking water and wastewater. Chlorine is most commonly encountered as a gas. The region is rich in natural resources, particularly hydrocarbons such as natural gas and crude oil. The availability and cost of feedstocks, particularly natural gas, play a significant role in determining the price of chlorine. Chemicals are substances that have a distinct molecular composition and are typically produced through various chemical processes. Chemicals can be grouped based on their molecular composition and structural characteristics. The Middle East is home to large-scale petrochemical complexes that produce a wide range of petrochemicals, including ethylene, propylene, polyethylene, polypropylene, methanol, ammonia, and more. The chemical industry refers to the sector of the economy that is involved in the production, manufacturing, and distribution of chemicals and chemical products. Hungary, located in Central Europe, has a diversified and increasingly modern economy. Over the years, it has transformed from a post-socialist economy to a more market-driven system, with a focus on sectors like automotive manufacturing, pharmaceuticals, IT, and electronics. Hungary is part of the European Union (EU) and thus benefits from the trade agreements and frameworks set by the EU, which has boosted its integration into the global economy. The country’s stable economic environment, strategic location, and well-developed infrastructure make it an attractive trade partner in Europe, especially for countries in the Middle East and West Asia looking to access the broader EU market.
