Chemical industry stalwarts will soon be discussing the importance of adopting digitalization at the ‘NextGen Chemical and Petrochemical Summit 2021’ being organized by Indian Chemical News from 7-8 October, 2021. Titled as ‘‘Petrochemicals: Driving Sustainable Growth’, the panel discussion will witness free flow of deep insights on the subject. 

The main theme of the event is "Moving in the big league." Please register as a delegate for the NextGen Chemicals & Petrochemicals Summit 2021 by clicking on the link.  

Among the confirmed speakers on the panel are: Sanchita Banerjee, Executive Director - Special Projects, Oil India Ltd; B. Narayan, Group President, Reliance Industries Ltd; Subikash Jena, Executive Director - I&C, Bharat Petroleum Corporation Ltd; Saugata Chaudhuri, Head - Petrochemicals Marketing, Hindustan Petroleum Corporation Ltd; Manoj Jha, GM – Petchem Strategy, Indian Oil Corporation Ltd. The moderator for the session is Sudeep Maheshwari, Partner, Kearney India 

The discussion will focus on topics such as Petrochemical Growth Opportunities in 2021; Technology Trends in Petrochemical Sector; Strategic Imperatives for Success in Petrochemical Sector; Impact of Draft PCPIR in the Petrochemical Sector; and Sustainable Growth in Petrochemical Sector.

The global petrochemicals industry has been witnessing a gradual shift. The changing market dynamics in the upstream oil and gas sector are changing the way base chemicals capacities are added and utilized. The choice of feedstock, demand patterns, government directives and capital efficiency paradigms are influencing how regional base chemicals capacity additions are happening and which feedstocks remain or become the most preferred. 

Petrochemicals have always been playing a significant role in India’s growth story by contributing in a major way to the Indian economy.

India has now been ranked sixth among the world's 10 largest manufacturing countries. The petrochemical industry contributes about 30 percent of raw material to the chemical industry which is expected to reach $300 bn by 2025. The petrochemical industry itself is expected to cross US $100 billion by 2021 at a CAGR of 14%. 

The main focus of the industry is to plan capacity addition and meet the domestic as well as export demand. The industry needs to be nurtured with the right policies and fiscal support from the government. The overall outlook for the petrochemical industry in India is more positive than it was in 2020 as several state-owned energy corporations have made investments to boost petrochemical feedstock availability and extend their presence in the downstream derivatives market. 

The idea behind ‘NextGen Chemicals & Petrochemicals Summit 2021’ is to provide a premier forum for the high quality deliberations. Apart from offering insights from who’s who of the chemical, petrochemical industry and pharmaceutical industry, it will provide ample networking opportunities with industry experts and solution providers. With interactive branding opportunities available throughout the platform, partners can connect with their target audience from anywhere in the world. The participants can network with key decision makers from the chemical and petrochemical industry all under one roof with participation from CMDs, CEOs, MDs, and government officials.

The summit is supported by the leading names in the industry. Among the platinum partners are: AspenTech, Trend Miner, Elliot Group, and Tridiagonal Solutions. Featured as the gold partners of the event are: GPC, Ingenero, Durr, Evonik, Rieco, Premier Tech, Agilent Technologies, and Honeywell. Among the associate partners are Meghmani Finechem, Huntsman, Solvay, Aarti Industries, Sajjan India, Godavari Biorefineries, and Carbanio. The industry partners of the event include AMAI, PMFAI, and CCFI. 

Register Now by clicking here to attend India's largest event on Chemical, Petrochemical and Pharmaceutical industry.