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Crude-to-Chemicals Market Demand Drivers, Regional Growth Patterns and Future Outlook
The global petrochemical industry is witnessing a paradigm shift with the adoption of Crude-to-chemicals (CTC) technologies. Unlike conventional refining, which separates fuels and chemicals sequentially, CTC directly converts crude oil into chemical feedstocks with minimal intermediate processing. This approach not only improves yield efficiency but also reduces operational costs and carbon...
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