The chemical industry consists of the companies that produce industrial chemicals. This industry utilizes chemical processes such as chemical reactions and refining methods to convert raw materials—such as oil, natural gas, air, water, metals, and minerals—into more than 70,000 different products. These products include petrochemicals, agrochemicals, ceramics, polymers and rubber (elastomers), oleochemicals (oils, fats, and waxes), explosives, fragrances, and flavors. The chemical industry is, thus, central to the modern world economy. The chemical industry is of strategic importance to the sustainable development of national economies.
What does the chemical industry produce?
The products of the chemical industry can be divided into three categories:
- Basic chemicals
- Specialty chemicals
- Consumer chemicals
Several other categorizations are used but this one is simple and helpful in this context. Outputs range widely with basic chemicals produced in huge quantities and some specialty chemicals produced in modest kilograms quantities but with very high value.
LIMULT is a leading specialty chemicals company. The core business of LIMULT in the chemical Industry is development, manufacturing and marketing of chemical intermediates, specialty chemicals and plastics.
Contact us today at +2347052446249 for more information on our redefining industry development services or visit our store at www.limult.com/shop to see more products that we make available for the people.