Mr. Vipul Shah

We have seen a boom in the polyethylene investments in the US by several of the majors besides that the capacity which has come on extreme in the last couple of years other 5.8 million ton capacity additions is in the planning stage and could come on line in 2018 and 2021. With the lifting of UN sections in Iran, with this huge oil and gas reserves and geographically advantage and massive capacity under implementation is a probable elephant in the room. It is likely to emerge as the biggest petrochemical producer in Middle East over the next 10 years and will have major impact on global petrochemical trade.