Foraying into Petrochemicals
Foraying into Petrochemicals
Sectoral Overview -*Petchem
Petchem Demand: India
(Unit Million Metric Tonnes)
44
Growth in
Petchem
Demand
2021-22
69
2029-30
*Petrochemicals considered: Polymers (polyethylene/poly propylene/PVC),
Aromatics (Benzene/Toluene/ Para xylene), Synthetic Fiber, Fiber
intermediates, other intermediates, performance plastics, Surfactants,
Elastomers.
Source DGCIS/IHS
• Per-capita consumption of plastics is one third of global
average
•
Room for robust growth in Petrochemicals
•
Growth drivers- Packaging industry, e-commerce,
Automobile industry etc.
29
29
HPCL Capacity Building & Marketing Plans
| हिन्दुस्तान पेट्रोलियम
HP
•
•
•
•
9 MMTPA Refinery and Petrochemical Capacity under
construction
4.6 MMTPA Petrochemical capacity by 2024-25 along with
JVCS
With current expansions, HPCL ( Incl JV) will become
second largest petchem production facility in country
Marketing of Petrochemicals
o Institutional capacity building
o Pre-marketing plansView entire presentation