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Petrochemical refers to any chemical product derived from petroleum or natural gas. These chemicals are typically obtained through a refining process, which involves transforming crude oil or natural gas into various intermediate products, such as ethylene, propylene, benzene, and xylene. Petrochemicals serve as essential building blocks for a wide range of products, including plastics, polymers, synthetic fibers, solvents, detergents, fertilizers, and pharmaceuticals. With numerous applications across industries such as automotive, construction, agriculture, healthcare, and consumer goods, petrochemicals play a vital role in modern society.


1. American Fuel & Petrochemical Manufacturers (AFPM) – Petrochemicals:
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– Description: The AFPM, a leading trade association representing the petroleum refining and petrochemical manufacturing industries, provides an overview of petrochemicals on their website. This resource offers detailed explanations, examples, and applications of various petrochemicals.

2. International Petrochemicals Group (IPG):
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– Description: The IPG is a global network of companies involved in the petrochemical industry. Their website provides comprehensive information on petrochemicals, including their production processes, classifications, applications, industry news, and market updates. This source offers valuable insights into the petrochemical sector.

This A.I.-generated glossary is intended to provide a convenient means to understand terminology used on this website in the context of physical commodities trading. Some terms may have alternative and/or expanded definitions that may not be relevant here and thus not included. Sources provided are for reference and not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.