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Which has more prospects, the chemical industry or the oil refining industry (considering the national context, technological development, and current situation)?

2007-12-18View Original

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I heard that in recent years several large ethylene plants have been built, so the chemical industry has been very prosperous these past few years! Recently, it’s said that many places across the country plan to build large oil refineries. Which sector will emerge as the more dominant one, oil refining or the chemical industry? This post was last edited by Koushi on 2007-12-22 at 14:17
Reply #22007-12-18
Personally, I think it’s the chemical industry, as it covers a wide range of areas; petroleum products are just one part of that
Reply #32007-12-19
In my opinion, the chemical industry offers many opportunities, but it also presents many challenges; Refining technology is relatively mature, but how to manage refining companies in a refined manner will be the next focus for China’s refining industry. The prospects for the chemical industry are uncertain: it is said that the chemical industry in the Middle East is highly developed there, with very low costs. It seems that China does not have many advanced petrochemical technologies, and it still relies on foreign countries. It is hoped that breakthroughs can be achieved thanks to efforts in innovation, but in my opinion, given the current impulsive societal atmosphere, this is difficult. Prospects for the refining industry: As different crude oils arrive in China, various management concepts are also introduced there. The future development of refineries will depend not only on technical aspects but also on management practices. It is advisable to learn from companies like Zhenhai Refining and Dalian Xitai University*. If refineries can reach such a level of efficiency, it will lead to improved energy savings and reduced emissions. Therefore, development cannot be discussed solely from the perspective of the refining and petrochemical industry; it is necessary to consider specific technologies, facilities, and plants. The petroleum refining and chemical industry is the lifeblood of China’s economy; as long as the economy remains strong, this industry must ensure a steady supply of resources.
Reply #42007-12-22
The discussions on the third floor were very insightful. I personally believe that most of the chemical industry in our country relies on imported technologies. What’s the problem then? Is it a lack of research, insufficiently developed technologies that remain confined to the laboratory and cannot be put into practical use? Or does it mean that we simply don’t possess any own technologies at all?
Reply #52007-12-22
In the long run, the chemical industry is better than the oil refining industry; what the chemical industry needs to focus on now is a circular economy and zero emissions.
Reply #62007-12-22
The chemical industry covers a wide range of areas and involves long-term comparisons. Oil will eventually run out one day. Developed countries **have already started storing resources**
Reply #72007-12-22
Chemicals are still the better choice; oil might run out one day. The field of chemistry is very broad
Reply #82007-12-22
Are the chemical and refining industries currently moving toward two extremes, with oil being refined into increasingly heavier forms, such as vacuum residue? The chemical industry is becoming increasingly lightweight; methane reserves are worth paying attention to, and there is still a large market for miscellaneous oils that need to be processed.
Reply #92007-12-22
I think the best opportunity arises when oil is about to run out but has not yet run out. Moreover, will our generation see oil run out? Take a look at the world’s oil resources – it is those global resources that are used to develop economies these days; we shouldn’t limit ourselves to just domestic resources.
Reply #102007-12-22
Oil certainly won’t be exhausted in our generation, but the golden age of oil refining probably won’t last long either. As for personal career development, it might be a good idea to pay more attention to the chemical industry
Reply #112007-12-22
The last three words are simply a dream under the current national conditions~~~~ Moreover, oil refining is also part of the chemical industry~~~~~
Reply #122007-12-22
The lower the global oil reserves, the higher the prices of petroleum products. Refineries will be more profitable, and those working in the refining industry may need to put in less effort while reaping higher returns.
Reply #132007-12-22
Without oil, where would chemicals come from? I don’t think there’s much real potential in biochemical engineering and coal chemical engineering. Even if alternative materials emerge in the future, they won’t be these two. And who will develop and produce the new alternative energy sources and raw materials? Of course, it’s still the same people from the oil refining industry who come back, so those working in oil refining won’t become obsolete.
Reply #142007-12-23
These two are closely related; most chemical raw materials these days are products of oil refining. Since oil refining has no future, I believe most chemical companies will also face difficulties. Moreover, current oil reserves will last much longer than the estimated time of use, and new oil fields are constantly being discovered. These are not issues that people here need to worry about.
Reply #152007-12-23
I decided on refining oil, because oil can trigger wars, not to mention anything else
Reply #162008-01-23
The pollution caused by oil refining is indeed severe; in Huizhou’s 1,000MW oil refining project, 10 smokestacks have already been built by Everbright... That’s quite a number... There are only 2 smokestacks for the ethylene plant nearby, and just 1 for the LNG power plant. While localizing oil refining technology is important, management needs to be improved as well! ! ! :L
Reply #172008-01-23
Refining technology falls under the category of large-scale chemical engineering, and it’s a mature technology! It’s better to work in the field of small-scale chemical engineering!!:victory:
Reply #182008-01-24
In terms of project scale: refining has a large scale (ranging from millions to tens of millions). In terms of project profitability: the chemical industry has higher profitability (refining deals with upstream raw materials, while the chemical industry operates in the more sophisticated downstream sector). In terms of investment risk: the chemical industry presents higher risks (small production volumes, intense competition, and rapid technological changes):lol :lol
Reply #192008-01-24
Oil refining is not a sustainable practice~~ Oil prices keep rising without limit~~ The development of the chemical industry in China started much later; it will be quite difficult to reach the level of foreign countries at present. After all, those countries have been working in this field for a long time, and the gap exists and must be acknowledged. Currently, chemical design in China relies mainly on copying, with new technical approaches and key equipment still being imported. Moreover, the experimental infrastructure in China is truly too weak. The people of this country need to work hard~~
Reply #202008-01-24
International crude oil prices are becoming more volatile, and I am more optimistic about the chemical industry.
Reply #212008-01-24
There should still be some good times ahead, with high salaries. This year, I think the oil industry is the better choice; in the long run, the chemical industry has greater potential for development

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