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Home > petrochemical
petrochemical
The trend of recycling and reuse is likely to accelerate going forward. That would dent the demand for virgin polymer and impact the margins of producers. Notwithstanding the backlash, improving living standards, population growth, increasing urbanisation and lack of cost effective alternatives would continue to support the growth of many plastics over the next decade.
Good days behind for petchem industry: Icra
10 Sep 2019 1:37 AM

Going forward, the olefins cycle is likely to decline further and that in turn would lead to subdued returns, they added.

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