Specialty Chemicals Are Looking Up Despite Downturn

The Indian chemical industry, outside the petrochemical sector, is not immune to the global economic downturn, and some sectors are going through a difficult phase. Specialty chemicals are performing better than others, however, with strong growth across a range of sectors and new opportunities in areas such as green technology. Mukundan: Facing demand fall in domestic and export markets. Ramachandran: Planning a specialty chemical facility. The chemical industry grew 9% overall in India during calendar year 2008, lower than the average annual growth rate of...

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