B.Cremades Y Asociados is one of the most popular companies in the world, especially in Europe that is focusing on international law and extensive experience in business transaction. This company is very influential for business people, because it helps them to deal with international commercial investment and arbitration. Built for the first time in Spain, this company becomes one of the most potential and crucial leader in the world of arbitration of investment. No wonder why so many people are interested to use this company’s services to help them to develop their business very well. With a lot of clients use this company’s services, this company also becomes the core of the business development in Spain and Europe.

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Petrochemical industry, also known as petroleum chemical industry, refers to the field which takes the petroleum as the raw material for chemical production. The broad sense of petrochemical industry also includes natural gas chemical industry. As a newly emerging industry, petrochemical industry first came into being as a result of oil refining industry in 1920s, and it grew rapidly during the World War II. At present, petrochemical industry has become the backbone of the chemical industry and it plays an important role in the national economy.

The petrochemical construction industry in China is just in a new round of growth. According to the survey, in 2005, the ethylene demand in China has increased to 17.3 million tons, and the number will reach 21.9 million tons in 2010. The huge demand will promote the continuous prosperity for the market of petrochemical construction industry. In the next 5 years, the output value of the markets of ethylene-related petrochemical construction will reach about 27 billion Yuan per year. Together with other petrochemical industry constructions, the annual output value of petrochemical construction markets will amount to nearly 30 billion Yuan. Although the monopoly of petrochemical construction is not go great as the offshore oil construction, however, its profitability is much higher than the civil construction industry. It will grow steadily in the future.

With the development of technology, economic globalization and new trends in the petrochemical industry, the international and domestic markets of petrochemical engineering construction have changed greatly. The general trends are: the growing scale of the new petrochemical industry constructions will slow down; the ratio of structural adjustment and technological renewal will increase; the supply of project construction team will exceed its demand; competition wil become increasingly fierce; and there will be more requirements for the technical content, management level, business scope, flexibility and the overall strength of the construction companies.

Petrochemical construction is a technology-intensive industry, with the characteristics of large-scale investment, multiple related fields, long construction period, and various types of involving contractors. In the meantime, it has to closely coordinate with multiple fields at every stage such as initial project development and design, procurement, construction, equipment test and operation. Each stage must be strictly monitored without any mistake. Otherwise it will affect the investment, quality and progress of the whole project, resulting in unnecessary losses.