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Asian Chemical Connections

India demand slides for PVC and PS

By Malini Hariharan The last year has been rough for Indian polyvinyl chloride (PVC) and polystyrene (PS) producers with demand for their products showing almost no growth. PVC consumption is likely to increase by only 1-2% year on year in the fiscal year ending on 31 March 2012, said S Gopal, managing director of Chemplast […]

Formosa awaits approval for big expansions in China

By Malini Hariharan In a research note released today, UBS has highlighted plans by Formosa Chemical and Fibres (FCFC) for major expansions at Ningbo, China. The Taiwanese petrochemicals major is in the process of getting Chinese government approval for a new 1.5m tonnes/year PTA plant, a 200,000 tonnes/year PS unit and a 150,000 tonnes/year ABS […]

The Indian growth story – part 2

By Malini Hariharan A few weeks back I had written about robust demand growth figures emerging from the Indian polymer market. I will be posting some numbers over the next few days but ahead of that I would like to highlight what industry players have been saying on the major growth drivers and also developments […]

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