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Rising growth in China & India to absorb supply in the petrochemicals market.

Posted on : 17 Jun, 2010

 

Rising industrial production in China and India bolstered Asian demand for naphtha, the commodity used to make chemicals found in everything from plastic pipes to shopping bags.

 

China’s output rose 17.8 percent in April from a year earlier, after gaining 18.1 percent in March, the country’s statistics bureau said on May 11. India’s manufacturing growth accelerated in May to the fastest pace in more than two years.

 

Source: Bloomberg, Click here for full article

 

In light of their growth pontential, China and India’s Petrochemicals industry update will be one of the main highlights at the 17^th APS Summit on 20-21 September 2010 in Singapore. Specific sessions on these 2 key markets will be presented by:

 

Mr Lv Xiadong of China Petrochemical Consulting Co (SINOPEC) who is presenting the topic:

China's Petrochemical Industry Development & Updates

- Review of projects & progress

- Can China speed up its domestic consumption of polymers to absorb additional supplies?

 

&

 

Mr Jasbir Singh of Gail (India) who will discuss:

India's Petrochemical market & trends

- India's role in today's petchem markets

- Import potential & exports trends of petchem (Olefins, Aromatics & etc)

- Challenges that lie ahead

- Future outlook

 

For more on full program agenda, please click here