APIC 2012: A Positive Outlook for Asia's Petrochemical Industry

The annual Asia Petrochemical Industry Conference (APIC) began today in Kuala Lumpur, under the theme of Megatrends: Shaping the Future of the Petrochemical Industry. IHS Chemical kicked off the event’s seminars with coverage of the global petrochemical industry, a global energy overview, and strategies for chemical markets in Asia. Mark Eramo, v.p./chemical industry research and analysis at IHS Chemical said global demand for basic chemicals and plastics will by 2020 reach 1 billion m.t./year, requiring 200 million m.t./year of internationally traded product...

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