The chemical industry is a vital part of the global economy, providing the building blocks for 95% of all manufactured goods worldwide, from pharmaceuticals, building isolation, and smartphones to sportswear and wind turbines. Petrochemicals Europe, an industry group of Cefic, has recently updated its flowchart, illustrating the complex journey of petrochemicals from raw materials to everyday products. The updated chart reflects the industry’s initiatives to reduce its carbon footprint and diversify its feedstock.
