Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia
Since the beginning of 90s of last century both the petroleum industry and petrochemical industry have operated in difficult circumstances. In particularly, margins of petroleum and petrochemical industry were exacerbated during global economic crisis in 2008-2009 years. At that time, as...
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| Format: | Article |
| Language: | English |
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Association of Chemical Engineers of Serbia
2016-01-01
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| Series: | Hemijska Industrija |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/0367-598X/2016/0367-598X1500037P.pdf |
| _version_ | 1818049408391970816 |
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| author | Popović Zoran M. Souček Ivan Ostrovskii Nickolay M. Ocić Ozren J. |
| author_facet | Popović Zoran M. Souček Ivan Ostrovskii Nickolay M. Ocić Ozren J. |
| author_sort | Popović Zoran M. |
| collection | DOAJ |
| description | Since the beginning of 90s of last century both the petroleum industry and
petrochemical industry have operated in difficult circumstances. In
particularly, margins of petroleum and petrochemical industry were
exacerbated during global economic crisis in 2008-2009 years. At that time,
as one option that could be the solution, the global analysts had started to
more intense investigate the benefits of Refining-Petrochemical Integration.
Shortly afterwards, more and more petroleum refineries and petrochemical
manufacturers began to see the future in this kind of operational,
managerial, marketing and commercial connection. This paper evaluates, in
particular, the achieved level of integration of refinery and petrochemical
businesses in Central and South-Eastern Europe. And specifically, the paper
identifies current capabilities and future chances of linking this kind of
integration between Serbian refining and petrochemical players. The viability
of integration between possible actors and benefits of every single
refining-petrochemical interface in Serbia depend on many factors, and
therefore each integrated system is unique and requires prior serious Cost
Benefit Analysis. |
| first_indexed | 2024-12-10T10:37:06Z |
| format | Article |
| id | doaj.art-2c8dd307e2e34bdaa03cc73d793210cf |
| institution | Directory Open Access Journal |
| issn | 0367-598X 2217-7426 |
| language | English |
| last_indexed | 2024-12-10T10:37:06Z |
| publishDate | 2016-01-01 |
| publisher | Association of Chemical Engineers of Serbia |
| record_format | Article |
| series | Hemijska Industrija |
| spelling | doaj.art-2c8dd307e2e34bdaa03cc73d793210cf2022-12-22T01:52:24ZengAssociation of Chemical Engineers of SerbiaHemijska Industrija0367-598X2217-74262016-01-0170330731810.2298/HEMIND150122037P0367-598X1500037PWhether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in SerbiaPopović Zoran M.0Souček Ivan1Ostrovskii Nickolay M.2Ocić Ozren J.3Institute of Chemistry, Technology and Metallurgy, BelgradeUniversity of Chemistry and Technology (UCT), Prague, Czech RepublicHIPOL a.d., OdžaciInstitute of Chemistry, Technology and Metallurgy, BelgradeSince the beginning of 90s of last century both the petroleum industry and petrochemical industry have operated in difficult circumstances. In particularly, margins of petroleum and petrochemical industry were exacerbated during global economic crisis in 2008-2009 years. At that time, as one option that could be the solution, the global analysts had started to more intense investigate the benefits of Refining-Petrochemical Integration. Shortly afterwards, more and more petroleum refineries and petrochemical manufacturers began to see the future in this kind of operational, managerial, marketing and commercial connection. This paper evaluates, in particular, the achieved level of integration of refinery and petrochemical businesses in Central and South-Eastern Europe. And specifically, the paper identifies current capabilities and future chances of linking this kind of integration between Serbian refining and petrochemical players. The viability of integration between possible actors and benefits of every single refining-petrochemical interface in Serbia depend on many factors, and therefore each integrated system is unique and requires prior serious Cost Benefit Analysis.http://www.doiserbia.nb.rs/img/doi/0367-598X/2016/0367-598X1500037P.pdfRefining-Petrochemical IntegrationSerbian PetrochemistryDevelopment goalsCost-Benefit Analysis |
| spellingShingle | Popović Zoran M. Souček Ivan Ostrovskii Nickolay M. Ocić Ozren J. Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia Hemijska Industrija Refining-Petrochemical Integration Serbian Petrochemistry Development goals Cost-Benefit Analysis |
| title | Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia |
| title_full | Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia |
| title_fullStr | Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia |
| title_full_unstemmed | Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia |
| title_short | Whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in Serbia |
| title_sort | whether integrating refining and petrochemical business can provide opportunities for development of petrochemical industry in serbia |
| topic | Refining-Petrochemical Integration Serbian Petrochemistry Development goals Cost-Benefit Analysis |
| url | http://www.doiserbia.nb.rs/img/doi/0367-598X/2016/0367-598X1500037P.pdf |
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