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India to Remain Bright Spot for Petchem Demand in 2025
Hindustan Times Patna
|February 15, 2025
India will be a bright spot for petrochemical demand in 2025 even as global consumption lags supply, amid rising demand for electric vehicle parts, solar panels and household appliances, industry executives said on the sidelines of India Energy Week (IEW) conference.
NEW DELHI:
"We are seeing good local demand in the sectors like propylene where our company operates," Bharat Petroleum's director of refineries Sanjay Khanna said.
Indian Oil chairman A. S. Sahney said demand is expected to remain resilient this year.
Petrochemicals are used in key building blocks for a variety of goods such as plastics, paints, and pharmaceuticals.
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