Virtually no other raw material has had such an impact on and paved the way for progress in our society as oil. Because it has such a huge range of applications, it is an integral part of our daily lives. So many things are based on various oil products – even though it might not be obvious at first glance.
Crude oil plays a fundamental part in industrial manufacturing and is used in many different forms for processing and refining products. Crude oil contains at least 500 different compounds, mainly comprising carbon and hydrogen. This is what makes it so versatile. Oil is part of countless everyday products, and around 90% of all chemical products are oil-based, making it an essential part of modern living and work.