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Chemical industry poised for gradual demand recovery in 2025

May 14, 2025/

The global chemical industry expects a slow and steady recovery in demand driven by volume growth, while pricing remains weak, reveals a recent report by B&K Research. While inventory destocking ended in most sectors by 2024, agrochemicals still face some challenges. India’s chemical sector may benefit, but overall growth is...

Inorganic chemicals: On the expansion trail

February 22, 2021/

India ranked 6th among leading importers of inorganic chemicals, while it ranked 17th among the leading exporters. The industry is expecting strong growth headwinds in the coming years due to the growth in end-use industries like glass, automotive and paints. Between 2009 and 2019, trade of inorganic chemicals has experienced...

December 18, 2020/

Indian chemical exports to RCEP member countries have been witnessing strong growth over the past few years. But preferential access to RCEP members could put Indian chemical companies at a disadvantage. IBT takes a closer look at the possible repercussions of the deal in the case of China, which happens...

Bulk liquid storage: Building blocks for a brighter future

August 22, 2020/

The Indian bulk liquid storage and logistics industry needs to ramp up capacities, improve customer-centricity and fast-track deployment of new technologies to cater to prospects of growing demand in end-user industries. The bulk liquid storage industry provides vital support to diverse industries including crude oil LNG, POL products, bulk chemicals...

Bulk liquid storage will play a key role in the energy transition

August 20, 2020/

Peter Davidson, Executive Director, Tank Storage Association, proposes that a clear strategy be developed for the bulk liquid storage sector to meet the future challenges of energy transition. It is important to ensure that the sector continues to provide a transparent and seamless supply chain for fuels, chemicals, agriculture and...

Chemical logistics chain lucrative for new players

August 15, 2020/

Mukesh Parikh, Adjunct Professor, Adani Institute of Infrastructure Management, believes that with favourable policies like implementation of ease of doing business norms and development of coastal PCPIRs, private investment in the Indian chemical industry as well as the bulk liquid storage and logistics services is expected to increase. Image Credit: https://bit.ly/3gRF2zw...

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