The economic impact of new chemical technology

✍ Scribed by Saeed Fathi-Afshar; Dale F. Rudd

• Publisher: Elsevier Science
• Year: 1981
• Tongue: English
• Weight: 370 KB
• Volume: 36
• Category: Article
• ISSN: 0009-2509
• DOI: 10.1016/0009-2509(81)80176-5

✦ Synopsis

The forces of the market place tend to adjust the prices of chemicals to the point where prices accurately measure value in the economy. The introduction of new technology can change the industrial system sufficiently to confound price projections and confuse decision making. In this paper we extend our systems analysis of the petrochemical industry to include price projections.