India needs to boost its petchem output to counter China's dominance, Reliance says
Petrochemical margins have shrunk across the world as China's capacity expansion has created a surplus. For some of its refiners, up to 40 per cent - 50 per cent of their output can be petchems, more than double typical capacity levels in India.
Petrochemical margins have shrunk across the world as China's capacity expansion has created a surplus. For some of its refiners, up to 40 per cent - 50 per cent of their output can be petchems, more than double typical capacity levels in India.
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