Highlighting Segment-wise Investment Opportunities in PCPIRs: It is important to highlight segment-wise investment opportunities in strategic locations (PCPIR) to cater to the growing region-specific demand in chemicals and petrochemicals. This session is dedicated to identify and facilitate investments in each PCPIR with regard to sub-categories of chemicals like alkali chemicals, inorganic chemicals, organic chemicals, dyes and pigments, pesticides-technical grade, and petrochemicals like building blocks, polymers, synthetic fibers/ yarns, synthetic rubbers/ elastomers, performance plastics, synthetic detergent intermediates, fiber intermediates among others.
Highlighting Infrastructure Development in PCPIR: This session aims to device policies to attract national and international investments in infrastructure development for the petrochemical industry. The focused forum on infrastructure development will help in identifying the existing gaps and structuring an upgradation plan that can be clearly communicated and promoted to the potential investors.
The concerned infrastructure ministries like shipping, civil aviation, road transport and highways, railways, power and urban development will be invited to discuss and mitigate infrastructural bottlenecks in each PCPIR. The forum will also demonstrate the benefits of co-siting, pipeline networking, resource sharing and achieving greater efficiency using common infrastructure and support services.
Highlighting Feedstock Availability: Availability of feedstock is the most vital factor for the success of any PCPIR. Therefore, a dedicated forum on feedstock will help to explore various avenues of feedstock availability for the Indian chemical and petrochemical industry. The core objective of this forum is to tackle the feedstock issue by attracting investments for integrated petroleum and petrochemicals units.
Scope of downstream industry: In India, owing to growing demand, the downstream processing capacity in petrochemicals had been growing at a CAGR of 8.8% in the last 4 years. During the next 5 years, it is expected that the downstream processing industry is likely to invest $10 billion to enhance the capacity to 62.4 MMT and 86 MMT by 2027-28. Therefore, a forum dedicated to downstream industry has been envisioned to promote and highlight the future prospects in various PCPIRs.
R&D and Skill development: In this forum, the key focus areas would be highlighting the recent progress in research, identifying the scope of technology transfer and addressing skill gaps in the sector. It will also provide a good platform to discuss future research & development vision of the Chemical and Petrochemical Industry.
Alternative, Disruptive, Sustainable Solutions: Development of alternative, disruptive and sustainable solutions/business practices lead to higher profits in the long run. Therefore, this forum is aimed to promote trending topics such as disruptive technologies, advanced processing of plastics materials, plastic waste management, circular economy etc. for the advancement of Indian Chemical and Petrochemical industry.