India makes new law

Kovac, Matt
April 2007
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p13
Trade Publication
The article reports that India has launched the National Policy on Petrochemicals, a comprehensive law to ensure that India's petrochemical industry remains competitive. The law will boost investment to raise capacity and the production of polymers. The government also approved a Petrochemical Technology Upgradation Fund and a Plastic Development Council. The fund will provide subsidized loans for the often-ignored polymer processors and the textile industry.


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