SINGAPORE (ICIS)--The petrochemicals industry in India is expected to grow at a compounded annual growth (CAGR) rate of about 14% and will likely reach $100bn by 2020, industry body Associated Chamber of Commerce (ASSOCHAM) said.
India’s petrochemical industry is currently valued at around $40bn, ASSOCHAM said in a statement late last week.
Petrochemicals currently contribute about 30% to India's $120bn worth chemical industry, which is likely to touch $250bn by 2020, it said.more >>
INSIGHT: Study puts ozone rule costs at $1,700bn, 1.4m job losses
“There are places in this country that could not meet it even if they eliminated all human emissions.” more
Asian Chemical Connections