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CW Conference: India Needs One World-Scale Cracker Each Year

4:06 AM MST | February 24, 2011 | Lyn Tattum in Mumbai

India will need at least one new world-scale steam cracker each year from now to satisfy demand for polymers, forecast to exceed 20 million m.t./year in 2020, says Ajay Shah, senior v.p. at Reliance Industries. He was speaking at the fourth annual India Chemical Industry Outlook Conference, presented by IHS Chemical Week, the India Chemistry Council (ICC), and CPMA, and currently taking place in Mumbai, where lively debate on India’s feedstock shortages and likely allocation priorities accompanied the speaker presentations. “The polymer overcapacity...

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