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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

APIC 2012: Asia Is a Bright Spot Amid Global Uncertainty

11:40 AM MDT | June 1, 2012 | —Natasha Alperowicz in Kuala Lumpur

United We Stand: Speakers at the APIC event said that 2016 would be the next peak of the petrochemical industry cycle. Speakers at the Asia Petrochemical Industry Conference (APIC), held recently in Kuala Lumpur and attended by about 1,400 delegates, were generally upbeat about the industry’s prospects despite the current slowdown in China—still seen as the engine of global growth. Yusa’ Hassan, president of the Malaysian Petrochemical Association (Kuala Lumpur), opened the proceedings and talked about increased pressure from the public for...

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