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Change in Raw Material Base in the Chemical Industry
Author(s) -
Vogel G. H.
Publication year - 2008
Publication title -
chemical engineering and technology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.403
H-Index - 81
eISSN - 1521-4125
pISSN - 0930-7516
DOI - 10.1002/ceat.200800062
Subject(s) - raw material , boom , chemical industry , sustainability , population , order (exchange) , technological change , natural resource economics , nothing , business , economics , commerce , engineering , chemistry , environmental engineering , philosophy , epistemology , ecology , demography , macroeconomics , organic chemistry , finance , sociology , biology
The change in raw material base is nothing new to the chemical industry, it has always generated a wave of innovation and an economic boom. A prerequisite for this is the early development of scientific and technological bases for a renewed raw material change. Even the chemical industry, being well acquainted with the laws of nature, should not aim for future growth but for sustainability in order to be able to satisfy the demand for raw materials, increasing disproportionately to the world's population expected to stand at nine billion by 2050.