Have you ever wonder how we categorize chemicals?
What is a Commodity? What is a Specialty Chemical? What is a Fine Chemical? What is a Raw Material? and what is a Basic Chemical? What is the value added and volumes for these feedstocks?
We explain the differences of bulk chemicals, commodities, fine chemicals, and much more!
Chemical Engineering Courses: https://courses.chemicalengineeringguy.com/
⌚Timestamps:
00:00 Start
01:22 Kline Matrix for Commodities & Fine Chemicals
02:01 Raw Materials
03:15 Commodities
05:19 Bulk Chemicals (Basic Chemicals)
07:12 Specialty Chemicals
09:38 Fine Chemicals
11:19 Quick Example of Chemicals - Whisky
12:56 Closure
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