The Future of Petrochemicals in Australia

Truly launched during the 1939-45 war, b¬,osted since by huge increases in demand for food, shelter and manufactures of ill kinds, petrochemicals have rocketed into prominence' all'oVer''th'e world and are accelerating to even greater heights.Manipulation of the hydrocarbons in petroleum or natural gas provides raw materials for a wid.e'variety of plastics, resins, detergents, rubbers, chemical intermediates, fibres and fertilisers. These in. turn.. go into a host of products essential to our way of life.A5 a source of chemicals, petroleum has achieved a high place. because of its abundance, relative.eheapness acid ease "f transport and because it can,be' economically processed.'If a nation's industrial' progress is measured by ' the ' modern yardstick of petrochemical production,'Australia has reasonto be proud, for it now has 1S petrochemical plants worth'156 million, either in operation or under construction.At several locations near Sydney and Melbourne, these plants produce petroleum ethylene, propylene, butadiene and benzene, or convert these building blocks into the three major thermoplastics (polyethylene; polyvinylchloride and polystyrene)-a.nd"S.B.R.synthetic" rubber. "A number bf other imr-ortant petrochemicals, including carbon black, and ammonia, also are made, or-planned...Most petrochemicals find application. in seven principal industries - rubber, fibres, detergents, surface coatings, automotive, agriculture and plastics. They play a .part in many other industries, including mining and metallurgy.In Australia, population growth,.an -incr.easing standard of living, greater industrial activity and the replacement of older materials all should considerably expand the markets for established petrochemical plants and lead to the introduction of new manufactures.Unless thwarted, these positive forces should propel petro-chemicals into a future glittering with promise;' ò 'However, some help for the infant industry seems needed if petrochemicals, while growing with the nation, are to contribute as they can to our national development.