Global demand for caprolactam is driven by rising nylon 6 resin and fiber consumption in the electronics industry. Before end of the year, 80,000 tonne/annum of caprolactam capacity is coming on-stream in China impacting regional players with a supply glut.
India’s Deepak Phenolics is building an integrated phenol-acetone plant with a capacity of 200 KTPA of phenol and 120 KTPA of acetone in Gujarat. The project is expected to meet India’s growing phenol and acetone demand to a large extent. Currently, India imports from South Korea, Thailand, Singapore, China, Saudi Arabia and the US.
Sign-up for 13th Phenol/Acetone & Derivatives Markets to gain insiders’ perspectives from:
- Sinopec Chemical Sales Co’s Huangwei shares an update on the Caprolactam Market.
- Deepak Phenolics’ K. Shankar, Vice President – Commercial & Marketing elaborates on the ‘Future of India’s Phenol/Acetone Markets & Derivatives’ enlisting the demand/supply projections, growth drivers of phenol/ acetone in the country and its emerging applications.
View rest of the speakers and sessions
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