Yang Fei knew that Jin Dabao didn't understand the chemical industry, so he patiently explained.

The chemical industry is divided into three categories, namely petrochemical, basic chemical and chemical fiber.

Among them, basic chemicals are divided into nine subcategories: chemical fertilizers, organic products, inorganic products, chlor-alkali, fine and special chemicals, pesticides, daily chemicals, plastic products and rubber products.

Chemical fibers are fibers with textile properties made from natural polymer compounds or artificially synthesized polymer compounds as raw materials, and through the preparation of spinning raw liquid, spinning and post-treatment processes. They have long been used in all aspects of life.

Petrochemical industry is an important part of the chemical industry, plays an important role in the development of the national economy, and is one of the pillar industry departments in my country.

Petrochemical industry, to put it simply, refers to the processing industry that uses oil and natural gas as raw materials to produce petroleum products and petrochemical products.

Petroleum products, also known as oil products, mainly include various fuels

Oil, including gasoline, kerosene, diesel, as well as lubricating oil, liquefied petroleum gas, petroleum coke, paraffin, asphalt, etc.

The processing process of producing these products is often called petroleum refining, or oil refining for short.

The petrochemical products we use are further chemically processed from the raw oil provided by the refining process.

The first step in producing petrochemical products is to crack raw oil and gas, such as propane, gasoline, diesel, etc., to produce basic chemical raw materials represented by ethylene, propylene, butadiene, benzene, toluene, and xylene.

The second step is to produce more than 200 organic chemical raw materials and synthetic materials, such as plastics, synthetic fibers, and synthetic rubbers using basic chemical raw materials.

The production of these two steps falls within the scope of petrochemical industry.

Continuing to process organic chemical raw materials can produce more varieties of chemical products, which are customary not within the scope of petrochemicals.

In some data, the use of natural gas, light gasoline and heavy oil as raw materials to synthesize ammonia and urea, and even the preparation of nitric acid are included in petrochemical industry.

At the same time, petrochemical industry is also the main supplier of energy.

The world's oil and natural gas consumption accounts for about 60% of the total energy consumption; due to the large amount of coal used in my country, the consumption of oil is less than 20%.

Energy is a factor that restricts the development of my country's national economy. The fuel oil produced in my country in 1995 was about 80 million tons.

In addition, petrochemical industry is also one of the pillars of the materials industry.

Metals, inorganic non-metallic materials and polymer synthetic materials are called three major materials.

The production of polymer synthetic materials provided by petrochemical industry in my country reached 8 million tons in 1995.

It can be said that modern people’s food, clothing, housing and transportation are inseparable from petrochemicals.

The daily chemical factory run by Yang Fei is based on this.

After hearing Yang Fei's words, Jin Dabao smiled and said, "If our teacher had half of your eloquence, then I wouldn't have failed the exam. I understand everything after you said that."

Yang Fei said: "So, if we want to truly become bigger and stronger, we must master resources. This is the real way to make a fortune. The rest are all small fuss."

Jin Dabao said: "Oil, natural gas and mineral resources, those who can do this industry are all big shots, and they are all very low-key. They no longer have to care about the rankings of rich people."

Yang Fei said: "They are making a fortune in silence. Look at domestic companies, what are the real money? It is China Tobacco, Sinopec and PetroChina. But what people often talk about is just those companies that are making fun on the market."

Jin Dabao pondered: "Young Master Fei, I have worked in a coal mine and I know it's dangerous. If you want to enter this industry, how much attention you need to be."

Yang Fei said: "Yes, so I used to think that I don't have a diamond, and I don't take on porcelain work!"

Jin Dabao smiled and said, "You have the strength now, and you can be considered this in China."

He said, giving a thumbs up.

Yang Fei waved his hand and said, "You must be low-key in life, and you should walk at night in the evening. Look at history, those who return home in luxury are all jumping for a while. Really powerful people are successful, but they are still focused on their hearts and hiding in the market."

Jin Dabao said: "I have heard the story of Chen Wansan. The once rich businessman was truly rich and could rival a country, but he was exiled by Lao Zhu and his family was destroyed."

Yang Fei said: "Chen Wansan made a fortune through overseas trade. He had 20 million taels of silver, which was converted into the current money, and there were 6 billion!"

Everyone was surprised when they heard this, thinking that even now, six billion is equivalent to the richest man in Mou.

Yang Fei said: "Shen Wan was defeated by three defeats because he was fighting for the first place in everything. It would be better to build a city wall than the emperor. He dared to propose to Zhu Yuanzhang that he planned to reward the three armies with his million taels of gold instead of the emperor. This finally made the Ming Taizu Longyan furious. So he was deprived of his family property and was sent to the border."

Jin Dabao said: "You are a scholar. You know a lot. I believe you will not follow the old path of Shen Wansan."

Yang Fei smiled and said, "You are so arrogant. How can I compete with Shen Wansan? I am just a small fish and shrimp now."

After hearing this, Wu Suying couldn't help but feel worried: "Xiaofei, this money is enough, don't be the first to be a leader. Also, the powerful are in power, don't offend them. It's a blessing to suffer losses!"

Yang Fei said: "Mom, I understand. I'm not that rich yet."

Jin Dabao asked: "Then how much do you plan to invest in oil projects?"

"One billion!" Yang Fei said in a shocking voice.

Jin Dabao was startled and his eyebrows shook.

He knew that Yang Fei was rich, but unexpectedly, as soon as he opened his mouth, he invested one billion yuan!

One billion!

Jin Dabao thought to himself, if I had one billion, what else would I invest? Is it enough to spend a lifetime?

However, will he like the one who can invest one billion? What he is thinking about is the one hundred billion that he will make soon!

Jin Dabao has a deep understanding of Yang Fei's ambition and heroism.

Yang Fei raised funds everywhere and got so much money, of course it was not just about investing in shampoo and shower gel!

But then I thought about it, what Yang Fei wanted to invest in was the raw material industry of petrochemicals. Even if he invested one billion yuan, he didn’t think it was too much!

One billion, three words are said, and the air in the Yang family has solidified!

I just said that Chen Wansan only has six billion!

Yang Fei can only reach one billion in one investment project?

So how much of his total funds is?

It's equivalent to a few hundred thousand yuan?

The Yang family only knows that Xiaofei is rich, but how rich is? They have no specific concept.

Now, they finally reacted a little!

Yang Liyuan was stunned and thought to himself that it was a billion. I wonder if this house can be piled up?

No wonder his son doesn't have home all year round. He makes money bigger than this house. How can he keep his people in this small house?

The Yang family couldn't sit still and had a lot to say, but in front of Jin Dabao, he was too unaware of it, so he had to endure it forcibly.

Jin Dabao was shocked no less than the Yang family!

It turns out that Mr. Fei is already so rich!
Chapter completed!