APIC 2012 Day 2: Asia a Bright Spot Amid Global Uncertainty

摘要

Speakers at the Asia Petrochemical Industry Conference (APIC) in Kuala Lumpur, attended by more than 1,400 delegates, were generally upbeat despite the slowdown in China, which is still seen as the engine of global growth. This year's theme is Megatrends: Shaping the Future of the Petrochemical Industry. Yusa' Hassan, president of the Malaysian Petrochemical Association (Kuala Lumpur), opening the proceedings, talked about increasing pressure from the public for green resources. "For petrochemical producers to thrive in an era of change and emergence of megatrends, we will need to pay greater attention to our value chain, ranging from sources of raw materials to end users," he said. China and India, the world's two most populous countries and home to a fast growing middle class, remain top target markets, Yusa' Hassan says. "By 2030, it is estimated that around 2 billion new people may join the world's middle class,"