The European petrochemical industry, which is based on oil refining, will experience a very slight headwind, at most.

FORBES: Shale Oil And Gas: The Contrarian View

Electricity privatisation has been stymied by pressure from the trade unions, and the petrochemical industry is off limits.

ECONOMIST: So much to do

Ethane-to-ethanol would also reduce the feedstock for ethane-to-ethylene that the Petrochemical industry uses.

FORBES: Everything You Know About US Oil and Gas is Wrong

In contrast to the financial engineers of the private-equity world, he has a genuine passion for the petrochemical industry.

ECONOMIST: Reliance bids for LyondellBasell

Mrs Clinton said that Iran's petrochemical industry, oil and gas industry and financial sector would be targeted by the sanctions.

BBC: Iran faces fresh Western sanctions over nuclear plans

Some fifty new projects have been unveiled in the US petrochemical industry.

FORBES: The Revival Of American Manufacturing: But The Jobs Still Aren't Coming Back

The EU also agreed to freeze the assets of Iran's central bank, the conduit for the country's oil revenue, and ban trade with its petrochemical industry.

WSJ: Iran Blasts West Over Oil Embargo