South Asia's Chemical Producers Eye $8.6 Billion in New Capacity Over Next 12 Months

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Researched by Industrial Info Resources (Sugar Land, Texas)--South Asia's Chemical Processing Industry is preparing to begin construction on 448 capacity-addition projects, totaling $8.55 billion in value, over the coming year. These investments are spurred by consistent demand for products such as petrochemicals, agrochemicals, specialty chemicals and pharma intermediates, aggravated by the disruption in the supply of chemicals and intermediates from China.

These include 195 unit-addition projects, valued at $6.46 billion, and 254 plant expansions, worth $2.2 billion. Most of the spending is in the agrochemicals sector, with more than $3.2 billion, followed by the petrochemicals sector with $2.6 billion.

Subscribers to Industrial Info's Chemical Processing Project Database can click here for a list of capital-spending projects in South Asia's Chemical Processing Industry set to kick off over the coming year.

Click on the image at right for a graph detailing these projects by industry sector.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.