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    <subfield code="a">Resumen del autor, extra&#xED;do del trabajo. The world petrochemical industry - the production of monomers, polymers, andother large-scale organics - generates a total added value of $330billion/yr. Despite increasing economic risks and diminishing potentialreward, an estimated $11.4 billion/yr is currently being spent by the industry proper, plus by such peripheral segments as equipment vendors, software suppliers and providers of engineering services, on research the main goals of which continue to be marginal gains in process economics, more efficient plant life-cycle performances and reduced plant or corporate overheads. The petrochemical industry purchases about 19 billion of technology-intensive fixed assets, $7.5 billion/yr of catalysts and process chemicals, and the equivalent of $30-35 billion/yr for utilities and gases. Worldwide yearly real-term investments have declined by 58% over the last 20 years, but can be expected to begin rising once again as rates of increase in single-stream capacities and process intensification can be expected to diminish. Out of the 21 most significant first-generation petrochemicals, only one-third can be considered technologically stabilized; another third face imminent step changes in their production economics, while the final third remain the subject of speculative, high pay-off research into routes that have in some cases been defying the chemical engineering profession for many decades. The paper ends with some comments on how the petrochemical industries of less-developed economies might become links in the technology chain.</subfield>
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