South Asia Hosts $12 Billion in Capital Ethylene Projects
South Asia Hosts $12 Billion in Capital Ethylene Projects
NEW DELHI--December 2, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--More than 50% of the global ethylene supply is consumed in the production of polyethylene. Increased demand for polyethylene from the packaging sector, which is due to increased retail operations and a boom in the e-commerce industry, is driving the growth in South Asia's ethylene market. Industrial Info is tracking seven capital ethylene projects, worth almost $12 billion, in South Asia.
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