Ethylene trade in Sri Lanka - Exporting Ethylene to Sri Lanka

  1. Anbar Asia
  2. Trade with Sri Lanka
  3. Sri Lanka's Petrochemicals market
  4. Ethylene trade in Sri Lanka
Ethylene
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.
Petrochemicals
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.
Ethylene trade in Sri Lanka
Sri Lanka's economy is primarily based on agriculture, services, and manufacturing, with significant contributions from tourism and remittances. The country has been transitioning towards a more diversified economy with a focus on modernizing its infrastructure and attracting foreign investment. The financial system in Sri Lanka is overseen by the Central Bank of Sri Lanka, which regulates monetary policy and financial institutions. The banking sector is well-developed, comprising both domestic and international banks, and plays a crucial role in facilitating trade and investment.

Directory of Ethylene suppliers in Sri Lanka