• Title/Summary/Keyword: Petrochemical industry

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Petrochemical Industry Overview

  • Won, Ho-Yeon
    • Proceedings of the Polymer Society of Korea Conference
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    • 2006.10a
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    • pp.141-141
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    • 2006
  • Petrochemicals contain a wide variety of monomers and their derivatives which are used in the production of plastics, fibers and synthetic rubber. Until now, petrochemicals have had a dramatic impact on our food, clothing, shelter and leisure because they are the least expensive, most readily available, and can be processed most easily into the end use products. Petrochemical industry, which is known as one of the typical cycle profitability businesses, is now moving downward. In order to overcome the anticipated loss of profit, petrochemical companies are making an effort to offer a value-added upgrading to conventional products. This lecture will discuss a few of issues on the current status and prospect of petrochemical industry.

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Importance of Clusters in Industry Development: A Case of Singapore's Petrochemical Industry

  • Pillai Jayarethanam
    • Journal of Technology Innovation
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    • v.14 no.2
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    • pp.1-27
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    • 2006
  • This paper rejuvenates the existing discussion on the importance of cluster approach to industry development strategies. Current evidences suggest that the shape of economic policy and practice is changing significantly around the world. Governments continually search for new tools and policy formulas to improve economic performance and create economic prosperity for all citizens. In this context a more proactive and strategic role for government in support of the cluster-based economic development model has emerged. This paper uses Singapore's petrochemical industry as an example to study the cluster approach to industry development. In doing so, there is much optimism to the importance of state and its institutions to play a significant role on industry development. Nevertheless, the study also raises doubts on whether the cluster-based strategy is due to the concept itself or due to other important factors.

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FIRE PROTECTION FOR PETROCHEMICAL PLANT

  • Suh, Jung-H.
    • Proceedings of the Korea Institute of Fire Science and Engineering Conference
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    • 1997.11a
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    • pp.244-251
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    • 1997
  • Since 1970s, The Petrochemical Industry in Korea has grown rapidly by the successful economic growth. While the process became larger and more complex, hazardous chemicals have been used in large quantity, Therefore, the risk of a major accident such as fire, explosion and toxic material release has been increased. Korea has been ranked the fifth in petrochemical product capacity worldwide, also required to meet international standards on process safety management. Fire Protection System integral part of safely management in Petrochemical Plants, will be reviewed.

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Future Strategy of the Korean Petrochemical Industry by Analysing Integrated Emerging Issues (한국 석유화학산업의 미래전략을 위한 융합적 이머징 이슈 분석)

  • Kim, Jong-Chul;Ko, Young-Hee
    • Journal of the Korea Convergence Society
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    • v.8 no.12
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    • pp.307-315
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    • 2017
  • This study aims to propose a methodology for future strategies of the Korean petrochemical industry. Instead of using static models or trade related statistical analysis, we derived emerging issues of the Korean petrochemical industry through survey in accordance with the STEPPER analysis. The participants of the survey were limited to leading experts of the field, such as businessmen, researchers and professors. Also, I observed whether the current driving forces are suitable in analyzing the future. Furthermore, emerging trends and emerging issues as far as 2040 were also extracted through horizon scanning and expert interviews. Through this study, three factors, which are the global oil prices, economic prospects, and core material development, have been confirmed. In the future, I believe that not only petrochemical industry, but also other industries such as steel, autos, shipbuilding and so on, can be studied for future scenarios and strategies as well.

Influence of Shale Gas in US on Petrochemical Industry (미국의 셰일가스 개발과 석유화학 산업의 영향)

  • Hong, Yeon Ki
    • Journal of Institute of Convergence Technology
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    • v.6 no.1
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    • pp.31-35
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    • 2016
  • In this paper, the present status of shale gas development was briefly introduced and intended the growing importance and shale gas as a source of chemicals. The large amounts of shale are expected to be produced thereby, a wealth of methane and ethane will be provided as a raw material of ethylene. This manuscript also focus on the influence of potential volumes of shale gas on petrochemical industry, especially domestic one based on naphtha cracking because ethane cracking can offer cost effective ways to convert methane to higher value chemicals.

The importance of plant location decision-making in the petrochemical industry (석유화학업체의 플랜트 입지 선정의 중요성에 대한 연구)

  • Jung, Yoon-Jung;Woo, Su-Han;Park, Keun-Sik
    • Journal of Korea Port Economic Association
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    • v.31 no.1
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    • pp.127-145
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    • 2015
  • Plant location selection is a decision which requires huge investment and entails a significant impact in a longer-term. The petrochemical industry, in particular, is so capital- and technology-intensive that the firms in the industry pursue enhancing competitiveness through collaboration and integration among entities in their supply chains. Even though the logistics factor such as logistics costs and connectivity have, as a result, gained its importance in plant location decision making, this has rarely studies in empirical studies. Therefore, this study aims to examine the relative importance of the logistics factor in plant location decision making in the petrochemical industry using the multi-criteria decision-making approach. In addition the three representative petrochemical industrial complexes are evaluated by the factors used in this study. This study is able to provide the useful implication in both practical and policy-making aspects. Firms are required to consider the logistics factors with priority compared to other factors in plant location decision making. In addition, when federal or local governments build industrial sites and attract the petrochemical firm, logistics infrastructure should also be considered to provide better transportation connectivity and lower logistics costs in turn.

Assessment of Best Available Technology of Wastewater Treatment Facilities in Petrochemical Basic Compound Manufacturing and Plastics and Synthetic Resins Manufacturing (석유화학계 기초화합물 제조시설과 합성수지 및 기타 플라스틱물질 제조시설의 폐수처리시설 BAT평가)

  • Kim, Youngnoh;Lim, Byungjin;Kwon, Osang
    • Journal of Korean Society on Water Environment
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    • v.22 no.1
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    • pp.59-65
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    • 2006
  • The effluent limitations for individual industry based on the best available technology economically achievable (BAT) have been required to achieve effective regulation. BAT assessment criteria that are suitable for the circumstances of Korean industry were developed in the previous study. The criteria were applied to determine the BAT for petrochemical basic compound manufacturing (PBCM) and plastics and synthetic resins manufacturing (PSRM) industry. Wastewater discharged from the each category contains high concentration of COD and toluene. Eighteen sites were surveyed and wastewater qualities were analyzed. Six and two different technologies were applied to the PBCM and PSRM industry for the end-of-pipe treatment process, respectively. The technology candidates were evaluated in terms of environmental impacts, economically achievability, treatment performance and economical reasonability. As the result, the technology options: typical activated-sludge process + sand filtration + activated carbon adsorption (PBCM) and wet oxidation + chemical precipitation + typical activated-sludge process + chemical precipitation (PSRM) were selected as the BAT for each industry.

The Impact of Job Stress and Job Satisfaction on Workforce Productivity in an Iranian Petrochemical Industry

  • Hoboubi, Naser;Choobineh, Alireza;Ghanavati, Fatemeh Kamari;Keshavarzi, Sareh;Hosseini, Ali Akbar
    • Safety and Health at Work
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    • v.8 no.1
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    • pp.67-71
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    • 2017
  • Background: Job stress and job satisfaction are important factors affecting workforce productivity. This study was carried out to investigate the job stress, job satisfaction, and workforce productivity levels, to examine the effects of job stress and job satisfaction on workforce productivity, and to identify factors associated with productivity decrement among employees of an Iranian petrochemical industry. Methods: In this study, 125 randomly selected employees of an Iranian petrochemical company participated. The data were collected using the demographic questionnaire, Osipow occupational stress questionnaire to investigate the level of job stress, Job Descriptive Index to examine job satisfaction, and Hersey and Goldsmith questionnaire to investigate productivity in the study population. Results: The levels of employees' perceived job stress and job satisfaction were moderate-high and moderate, respectively. Also, their productivity was evaluated as moderate. Although the relationship between job stress and productivity indices was not statistically significant, the positive correlation between job satisfaction and productivity indices was statistically significant. The regression modeling demonstrated that productivity was significantly associated with shift schedule, the second and the third dimensions of job stress (role insufficiency and role ambiguity), and the second dimension of job satisfaction (supervision). Conclusion: Corrective measures are necessary to improve the shift work system. "Role insufficiency" and "role ambiguity" should be improved and supervisor support must be increased to reduce job stress and increase job satisfaction and productivity.

The Characteristics of Korean Petroleum and Petrochemical Industries and Change of Participation in Global Value Chains (한국 석유화학산업의 특성과 글로벌가치사슬 참여 구조 변화)

  • Ko, Nayoung;Kim, Seonghun
    • Journal of the Economic Geographical Society of Korea
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    • v.23 no.3
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    • pp.349-368
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    • 2020
  • The aim of this study is to examine the relationship between the characteristics of Korean petroleum and petrochemical industries and the change of participation in global value chains. Since 1960s, Korean petroleum and petrochemical industries have been developed under government's industrial policies. In 1980s Korean petroleum and petrochemical industries served as a key export-oriented industry) of Korea's national economic development. Based on the expansion of large-scale production facilities led by the private sectors from the end of 1980s, Korea became as a major country in the global petroleum and petrochemical industries. Under Korean domestic scale, it shows considerable spatial concentration, in Ulsan Metropolitan City, Yeosu City and Seosan City. However, the degree of spatial concentration is differentiated along the each sectors within the petroleum and petrochemical industry. To improve regional industry competitiveness, each region has adopted different strategies and shifted to structural upgrading and producting high value-added products. Changes in the structure within petroleum and the petrochemical industries at the national level caused a change in the structure of Korea's participation in GVC, but the domestic value-added is lower than that of its major competitors.

Research on Risk-Based Piping Inspection Guideline System in the Petrochemical Industry

  • Tien, Shiaw-Wen;Hwang, Wen-Tsung;Tsai, Chih-Hung
    • International Journal of Quality Innovation
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    • v.7 no.2
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    • pp.97-124
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    • 2006
  • The purpose of this research is to create an expert risk-based piping system inspection model. The proposed system includes a risk-based piping inspection system and a piping inspection guideline system. The research procedure consists of three parts: the risk-based inspection model, the risk-based piping inspection model, and the piping inspection guideline system model. In this research procedure, a field plant visit is conducted to collect the related domestic information (Taiwan) and foreign standards and regulations for creating a strategic risk-based piping inspection and analysis system in accordance with the piping damage characteristics in the petrochemical industry. In accordance with various piping damage models and damage positions, petrochemical plants provide the optimal piping inspection planning tool for efficient piping risk prediction for enhancing plant operation safety.