India's Petrochemical sector set for higher Growt

January 2010
Chemical Business;Jan2010, Vol. 24 Issue 1, p81
Trade Publication
The article focuses on the Indian petrochemical industry whose output is set to increase in the coming years with capacity expansion and surge in per capita consumption, based on the India Petrochemicals Report of Business Monitor International (BMI) in 2010. According to BMI, anticipated slowdown in foreign investment inflows could cause problems for the expansion of the sector. It also notes that domestic demand for polymers is being projected by the government to reach 11 million tonnes in 2015.


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