India’s petrochemicals demand is expected to jump ten times by 2050, the president of India’s Chemicals and Petrochemicals Manufacturers’ Association (CPMA) said at the CPMA - Argus Petrochemical Online Forum on Wednesday. According to CPMA president Kamal Nanavaty, India’s demand for petrochemical products will double every nine years at an annual growth rate of 8 percent. The country’s demand for petrochemicals has been growing faster than the economy in recent years, and will rise more than GDP this year, too, Nanavaty…
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