Plastics 101 : What is the supply chain in the plastic industry
The plastic industry works like a long relay race with different companies handling specific stages of the journey from crude oil to finished products. 1. Resource Companies: Function: they drill for oil and natural gas. Example companies: ExxonMobil, Shell, Saudi Aramco. 2. Petrochemical Companies: Function: they turn oil and gas into basic plastic chemicals ( monomers ) . Example companies: Dow Chemical, INEOS, LyondellBasell.
