Can India be your Polyethylene sourcing destination?
Indian ethylene capacity is set to witness a steep increase of ~40% during 2016-2018. The on-going capacity expansions are likely to drive ethylene self-sufficiency and also have huge impact on polyethylene supply. The developments in the upstream oil and gas industry along with consistent increase in the downstream industry demand have been instrumental in driving the ethylene and polyethylene expansions. Such milieu is expected to provide better sourcing prospects for the polyethylene buyers based in India.
However, factors like varied supply-demand balance between states, multifaceted taxation structure across the value chain, differential taxing policy between states, high logistics cost, more lead times, variance in the competitiveness of domestic producers, increase in competitiveness of regional producers due to low crude oil prices have been questioning the scope for India as a polyethylene sourcing destination.
The whitepaper wrote by me on "Can India be your Polyethylene sourcing destination?" aims to provide systematic analysis on the opportunities and challenges in the polyethylene sourcing in Indian markets.
I really appreciate that you are reading my post. Here, at Beroe through LinkedIn posts, I write about packaging polymers, procurement strategies and trends. Please feel free to contact us for detailed analysis on "The Indian polyethylene market"