2nd AICON Petroleum & Petrochemical Conference: growing demand for polyolefens highlighted

摘要

THE growing demand for petrochemicals and India's rising import dependency were the key discussion points at the recently concluded’2nd AICON Petroleum & Petrochemical Conferences’in Mumbai.The conference addressed current challenges and areas of growth in the petrochemicals industry. According to Mr.Mayur Patil,Associate Director,CRISIL,polymer demand has grown in India at around 7-8% annually,mirroring GDP growth.CRISIL expects GDP growth to be between 7% to 8% over the next five years driven by strong economic fundamentals."We expect stronger growth for polymer demand at 8-10%,which will in turn,drive petrochemicals demand,”he said.