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Markets :: Basic Chemicals :: Petrochemicals :: Styrene

CW India Conference: Opportunities to Invest in Petrochemicals

2:51 AM MST | February 19, 2010 | Deepti Ramesh

The global growth in the petrochemicals market is driven by Asia, especially by China and India, and new investments will also be mainly in Asia, say speakers at the final day of the Third Annual India Chemical Industry Outlook Conference in Mumbai. Petrochemical derivatives and specialty chemicals will be the need of the Indian market in the future, industry players say. India’s chemical industry sales are about $75 billion/year, and the petrochemical sales, which are $10 billion/year, will grow 11% this year, and specialty chemical sales, currently about...

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