The Spiral-Up Innovation of Petrochemical Complex in Group Operation Concerning the Case of Ring (Research Association of Refinery Integration for Group-Operation) in Japan

Kazuya Inaba

Abstract


The circumstances that surround the oil and petrochemical industry recently have been severe. Under such a severe competitive situation, oil and petrochemical companies came up with the idea of business cooperation in the same region in order to acquire global competitiveness. In this paper, the approach and ways of the high-level integration for group operation in petrochemical complex are analyzed, the meaning of RING projects is declared, and the economy that arises from group operation business is considered. Cooperation with some businesses would be effective for energy conservation and environmental measures, and would advance the possibility to achieve economies of public profit. Also, group operation would break the stoppage and promote innovations one after another in a petrochemical complex.

Keywords


petrochemical complex, oil and petrochemical industry, group operation, sustainable development, business cooperation, energy conservation, environmental measures, economies of public profit

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DOI: https://doi.org/10.24212/2179-3565.2010v1i2a8

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