TITLE

Petrochem set for 12-15% growth, says report

PUB. DATE
September 2007
SOURCE
Chemical Business;Sep2007, Vol. 21 Issue 9, p81
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the potential for the petrochemical industry of India to achieve a growth of 12% to 15% from 2008 to 2014 based on a study by Tata Strategic Management Group. The production is anticipated to rise from $15 to $18 billion in 2007 to $30 to $50 billion over the next five to seven years. The growth in the refinery sector is said to be led by Reliance. The firm is predicted to add 62 million tons of capacity in a decade upon completion of its second refinery in 2008 to 2009.
ACCESSION #
27134347

 

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