Petrochemicals industry which is a broad based organic supplement sector, has shown considerable growth since the second half of 20th century. The sector has become one of the main elements of the economy over a short period of time because of its substitution for a wide array of natural raw materials, products’ durability and relative cost advantage.
Petrochemicals industry is a continuously growing field with its new product types and areas of usage. World trends show that growth in demand for petrochemicals produsts exceed growth rate in the global economicy. This indicates that petrochemical products are penetrating to alternative products markets as substitues in an increasing trend year by year.
Petrochemicals industry is exposed to global competition. Raw materials, market and technological advantages are the main parameters that play major roles in this competition. Regions that have an advantage in raw materials and that have sufficient size and growth potential over the other geographical regions are preferred for prospective investments.
Developments in global markets are steadily improving the performance of petrochemicals industry. Tesport which targets to penetrate to emerging markets and aims to specialize in the petrochemicals sector, is giving petrochemicals products a top priority in the company’s activities.