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South Asia to Invest $7.69 Billion for New Capacity at Chemical Plants through 2022, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 90 Words
Attachment: India

South Asia's Chemical Industry plans to complete 343 expansion and unit addition projects valued at $7.69 billion in the next two years. The majority of the spending is in the agrochemicals and petrochemicals sectors, with a combined figure of more than $5.32 billion, which represents around 80% of the total investment in the region. Bangladesh Chemical Industries Corporation (BCIC) is the highest investor, with an investment of $1.2 billion for two projects. Click here for a list and see graph below for project spending by sector.

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