IMPACTS OF PETROCHEMICAL

INDUSTRY
Petrochemical Engineering
ChE 543

PETROCHEMICAL INDUSTRY
The petrochemical industry has started to
develop in the second half of the 20th century
and has become one of the foundation stones of
the modern economy in the last fifty years due to
its extremely wide product range and application
field.

SOCIO-ECONOMIC BENEFIT
1.
2.
3.
4.
5.
6.

Employment
Contribution to Government Revenues
Foreign Exchange Reserve
Contribution to Energy Supply
Local Expenditure on Goods and Services
Contribution to Gross Domestic Product

Employment

Contribution to Government Revenues

The payment of substantial revenues to the
government is another aspect of petroleum
industries to the economy.

Foreign Exchange Reserve

Contribution to Energy Supply

Local Expenditure on Goods and Services

Contribution to Gross Domestic Product

ENVIRONMENTAL IMPACT
1.
2.
3.
4.

Spills and Seeps

Air Pollution
Global Warming/Climate Change
Waste Oil

Spills and Seeps

Air Pollution

Global Warming/Climate Change

Waste Oil