APIC 2012: A Positive Outlook For Asia’s Petchem Industry

Eramo: Asian demand will drive global growth. The state of the global petrochemical industry and strategies for chemical markets in Asia topped discussion at the Asia Petrochemical Industry Conference (APIC), which took place last week in Kuala Lumpur. APIC was attended by more than 1,400 delegates. Mark Eramo, v.p./chemical industry research and analysis at IHS Chemical, in an opening address at event’s marketing seminars on May 17, said that global demand for basic chemicals and plastics would by 2020 reach 1 billion m.t./year, requiring 200 million...

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