Report Overview

India Propylene Market – Industry Trends & Forecast Report, 2030

India Propylene Market size by value was estimated at USD 13.89 billion in 2023. During the forecast period between 2024 and 2030, the India Propylene Market size is projected to grow at a CAGR of 9.24% reaching a value of USD 15.76 billion by 2030. A prominent driver of the market is an increasing need for polypropylene in the production of flexible food packaging and various other plastic goods. India's emergence as a chemical manufacturing hub has been instrumental in propelling the market expansion. The rise in domestic polypropylene production, coupled with significant exports, fuels the demand for propylene as the primary feedstock. The automotive sector is a major consumer of polypropylene, using it in battery casings, trays, beverage holders, bumpers, interior details, and door moldings. As the demand for automobiles increases due to rising per capita income and modernization, the use of polypropylene is expected to surge, contributing to the overall growth in Propylene consumption. In summary, India's propylene market is poised for substantial growth, driven by the escalating demand for polypropylene, and its role as a chemical manufacturing hub, making significant contributions to the country's industrial growth narrative. Continuous efforts toward sustainability and technological advancements enhance the promising future of the propylene market in India, offering considerable potential for expansion and development.

By volume, the India Propylene Market size was estimated at 6.78 million tons in 2023. During the forecast period between 2024 and 2030, the India Propylene Market size is projected to grow at a CAGR of 8.89% reaching the volume of 7.32 million tons by 2030. Presently, Haldia Petrochemicals Ltd (HPL) has commenced the construction of a INR 3,000 crore chemical plant in Haldia, West Bengal, signifying a significant milestone. This pioneering project, scheduled for completion by Q1 2026, includes India's inaugural on-purpose propylene plant utilizing Olefin Conversion Technology (OCT) from Lummus Technology. Positioned as India's first integrated player in the phenolics chain, HPL's phenol plant aims to produce 300 kilo tons per annum of phenol and 185 KTPA of acetone, contributing to the dynamic growth of the India Propylene Market.

Propylene Market – Overview

Propylene, a colorless and flammable gas with the chemical formula C3H6, is derived from petroleum. It primarily is employed in the synthesis of polypropylene polymers used for injection molding, fibers, and cumene (utilized in phenol production). Furthermore, propylene serves as a precursor for isopropanol, acrylic acid, oxo alcohols, and propylene oxide. Polypropylene, a significant member of the polyolefin resin family, is shaped through molding or extrusion into a diverse range of plastic products and components. Known for its hardness, elasticity, low weight, and heat resistance, polypropylene finds applications in various industries, including automobile components, flexible food packaging, upholstery, camping goods, and more.

India Propylene Market

Growth Drivers

Expanding Packaging Industry

The Propylene Market in India is witnessing substantial growth, driven primarily by the increasing demand for propylene in the packaging industry. Propylene's versatile properties play a pivotal role in the production of polypropylene, a highly sought-after material for diverse packaging applications. Polypropylene, derived from propylene, has gained popularity in the packaging sector due to its lightweight, yet sturdy characteristics, chemical resistance, and durability, making it an ideal choice for packaging various products, including food containers, beverage bottles, and cosmetic packaging. In conclusion, the burgeoning demand for propylene, particularly in the packaging industry, stands as a significant catalyst for India's propylene market. As industries prioritize efficient and robust packaging solutions, propylene's exceptional properties ensure sustained growth, meeting the evolving needs of the packaging sector.

Challenges

Fluctuations in Raw Material Prices

Propylene, a key component in polypropylene manufacturing, is sourced from hydrocarbon feedstocks, such as natural gas and crude oil. However, disruptions in the supply chain, driven by geopolitical tensions, oil and gas price fluctuations, and environmental regulations, result in significant challenges for the India Propylene Market. These issues limit raw material availability, leading to reduced production capacity, increased production costs, and higher end-consumer prices. Navigating these complexities hampers market growth, emphasizing the impact of raw material price volatility on India Propylene Market.

Impact of Escalating Geopolitical Tensions on India Propylene Market

Geopolitical tensions can have a multifaceted impact on the India Propylene Market. The ongoing Russia-Ukraine crisis and global geopolitical unrest contribute to heightened uncertainty, affecting various facets of the propylene industry. Supply chain disruptions, triggered by rising commodity prices and inflation, create challenges for market players. Governments, seeking strategic autonomy, may influence industrial policies, further impacting the supply of essential goods and services, including propylene. Polypropylene demand faces hurdles amidst these geopolitical uncertainties, leading to market underperformance. The complex interplay of global conflicts and logistical disruptions creates an intricate landscape for the India Propylene Market. Stakeholders must navigate these challenges, considering potential shifts in prices, supply chains, and market dynamics while staying attuned to the evolving geopolitical scenario for strategic decision-making in the propylene industry.

India Propylene Market

Segmental Coverage

India Propylene Market – By Derivatives

By derivatives, the India Propylene Market is divided into Polypropylene, Propylene Oxide, Cumene/Phenol, Acrylonitrile, Acrylic Acid, Acrylates segments and other (including Propylene Glycol, Isopropanol, and Acetone) segments. The polypropylene segment holds the highest share in the India Propylene Market by derivates. It is primarily driven by increased demand for derivatives, particularly polypropylene and propylene oxide. Propylene, a crucial component, is sourced through processes like naphtha cracking, which stems from refinery cracking for other products, and propane dehydrogenation. Global propylene production relies on fluid catalytic cracking splitters and on-purpose technology (OPT). Final products include films, fibers, containers, packaging, caps, and closures, with significant use in the automotive sector. Polypropylene and its alloys find substantial application in automobiles. Additionally, acrylonitrile, another derivative, is utilized in elastomeric fibers and polymers for various products like clothing, bedding, carpets, and sportswear.

India Propylene Market – By Production Method

Based on production method, the India Propylene Market is divided into Steam Cracking of Hydrocarbons, Refinery Production, and Metathesis segments. The metathesis segment is expected to hold the highest share in the India Propylene Market by production method during the forecast period. It is primarily attributed to the numerous advantages offered by metathesis technology over traditional methods such as steam cracking and fluid catalytic cracking. Metathesis technology excels in maximizing propylene output from refinery-based C4 feedstocks, providing unparalleled flexibility in adjusting production levels based on market demand. This innovative approach stands out due to its efficiency in addressing challenges faced by the propylene market, including limited raw material availability and fluctuating feedstock prices. As a result, the metathesis segment is poised to play a pivotal role in transforming and leading India's propylene production landscape.

India Propylene Market – By End User

On the basis of end user, the India Propylene Market is divided into Packaging, Electronics, Chemical Processing, Medical, Automotive, Construction, Textile, and other (including Consumer Goods and Agriculture) segments. The packaging segment is expected to hold the highest share in the India Propylene Market by end user during the forecast period. It can be attributed to the widespread utilization of propylene in food packaging, a critical material extensively employed in contact with a diverse array of food and beverages within the industry. Examples of food packing containers, such as injection-molded pots, thermoformed pots, and thermoformed trays, highlight the versatility of this rigid polymer in ensuring the safe packaging of various products. Its robust resistance to a range of chemical solvents further contributes to maintaining the integrity and safety of the packaged items. Meanwhile, the automotive segment holds the highest share in the India Propylene Market. The ready accessibility of polypropylene (PP) and its notable characteristics, including outstanding stain resistance, elevated durability, and flexibility, play a pivotal role in facilitating the manufacture of lightweight automobiles. This not only aids in lowering production expenses but also improves the energy efficiency of vehicles. The amalgamation of these factors collectively contributes to the advancement and expansion of the automotive sector.

India Propylene Market – By Region

Geographically, the India Propylene Market is divided into North India, South India, East India, and West India regions. West India holds the highest market share and is expected to maintain its dominance during the forecast period. West India, particularly Gujarat, stands as a formidable industrial hub encompassing diverse sectors, including petrochemical plants, refineries, manufacturing units, and a thriving textile industry, reinforcing its influence in the propylene market. The region's prominence is bolstered by government incentives and supportive policies that attract substantial investments, fueling growth in the petrochemical sector. This has led to the expansion of existing facilities and the establishment of new ones, consolidating West India's status as a propylene production powerhouse. The strategic coastal location along the Arabian Sea enhances the region's accessibility to major domestic and international markets, facilitating both export of propylene products and streamlined import of essential raw materials and equipment. With its robust industrial base, government backing, and advantageous geographical position, West India is well-poised to sustain and strengthen its pivotal role in the propylene market amid increasing demand and versatile applications.

Competitive Landscape

Major players operating in India Propylene Market include Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, Reliance Industries Limited, Haldia Petrochemicals Limited, HPCL-Mittal Energy Limited, Vizag Chemical, LyondellBasell, and Swastik Interchem Private Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In December 2023 - Bharat Petroleum Corporation Limited (BPCL) invested INR 5,044 crore in establishing a Polypropylene (PP) Unit at Kochi Refinery, meeting India's growing petrochemical demand. The project, utilizing abundant propylene feedstock, has a production capacity of 400 kilo-tons per annum. Completed in approximately 46 months, it marked BPCL's strategic commitment to a sustainable future, contributing to economic growth and self-reliance.

Scope of the Report

By Derivatives

• Polypropylene

• Propylene Oxide

• Cumene/Phenol

• Acrylonitrile

• Acrylic Acid

• Acrylates

By Grade

• Refinery Grade

• Polymer Grade

• Chemical Grade

By Production Method

• Steam Cracking of Hydrocarbons

• Refinery Production

• Metathesis

By End User

• Packaging

• Electronics

• Chemical Processing

• Medical

• Automotive

• Construction

• Textile

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Propylene Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Rising demand for propylene-based products
         2. Infrastructure development
         3. Expanding packaging industry
         4. Favorable government policies
      2. Restraints
         1. Volatility in price of raw materials
         2. Limited Production Capacity
         3. Stringent environmental regulations on production and waste disposal
      3. Opportunities
         1. Focus on specialty propylene
         2. Exploring and developing new applications for propylene
         3. Rapid technological advancements
      4. Challenges
         1. Skilled workforce shortage
         2. Intense competition from established global players
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Propylene Market: Marketing Strategies
5. India Propylene Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
      2. By Volume (Million tons)
   2. Market Share & Forecast
      1. By Derivatives
         1. Polypropylene
         2. Propylene Oxide
         3.  Cumene/Phenol
         4. Acrylonitrile
         5.  Acrylic Acid
         6. Acrylates
         7. Others (including Propylene Glycol, Isopropanol, and Acetone)
      2. By Grade
         1. Refinery Grade
         2. Polymer Grade
         3. Chemical Grade
      3. By Production Method
         1. Steam Cracking of Hydrocarbons
         2. Refinery Production
         3. Metathesis
      4. By End User
         1. Packaging
         2. Electronics
         3. Chemical Processing
         4. Medical
         5. Automotive
         6. Construction
         7. Textile
         8. Other (including Consumer Goods, Agriculture etc.)
      5. By Region
         1. North India
         2. South India
         3. East India
         4. West India
6. North India Propylene Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
      2. By Volume (Million tons)
   2. Market Share & Forecast
      1. By Derivatives
      2. By Grade
      3. By Production Method
      4. By End User
7. South India Propylene Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
      2. By Volume (Million tons)
   2. Market Share & Forecast
      1. By Derivatives
      2. By Grade
      3. By Production Method
      4. By End User
8. East India Propylene Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
      2. By Volume (Million tons)
   2. Market Share & Forecast
      1. By Derivatives
      2. By Grade
      3. By Production Method
      4. By End User
9. West India Propylene Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
      2. By Volume (Million tons)
   2. Market Share & Forecast
      1. By Derivatives
      2. By Grade
      3. By Production Method
      4. By End User
10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Propylene Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operation Channel Parameters
    4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
11. India Propylene Market: Import & Export
12. Impact of Escalating Geopolitical Tensions in India Propylene Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Bharat Petroleum Corporation Limited
    2. Hindustan Petroleum Corporation Limited
    3. Indian Oil Corporation Limited
    4. Reliance Industries Limited
    5. Haldia Petrochemicals Limited
    6. HPCL-Mittal Energy Limited
    7. Vizag Chemical
    8. LyondellBasell
    9. Swastik Interchem Private Limited
    10. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1       India Propylene Market Segmentation

Figure 2       India Propylene Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       India Propylene Market Size, By Value (USD Billion), 2019–2030

Figure 5       India Propylene Market Size, By Volume (Million tons), 2019–2030

Figure 6       India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Figure 7       India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Figure 8       India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Figure 9       India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Figure 10     India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Figure 11     India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Figure 12     India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Figure 13     India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Figure 14     India Propylene Market Share, By Region, By Value (USD Billion), 2019–2030

Figure 15     India Propylene Market Share, By Region, By Volume (Million tons), 2019–2030

Figure 16     North India Propylene Market Size, By Value (USD Billion), 2019–2030

Figure 17     North India Propylene Market Size, By Volume (Million tons), 2019–2030

Figure 18     North India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Figure 19     North India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Figure 20     North India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Figure 21     North India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Figure 22     North India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Figure 23     North India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Figure 24     North India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Figure 25     North India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Figure 26     South India Propylene Market Size, By Value (USD Billion), 2019–2030

Figure 27     South India Propylene Market Size, By Volume (Million tons), 2019–2030

Figure 28     South India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Figure 29     South India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Figure 30     South India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Figure 31     South India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Figure 32     South India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Figure 33     South India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Figure 34     South India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Figure 35     South India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Figure 36     East India Propylene Market Size, By Value (USD Billion), 2019–2030

Figure 37     East India Propylene Market Size, By Volume (Million tons), 2019–2030

Figure 38     East India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Figure 39     East India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Figure 40     East India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Figure 41     East India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Figure 42     East India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Figure 43     East India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Figure 44     East India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Figure 45     East India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Figure 46     West India Propylene Market Size, By Value (USD Billion), 2019–2030

Figure 47     West India Propylene Market Size, By Volume (Million tons), 2019–2030

Figure 48     West India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Figure 49     West India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Figure 50     West India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Figure 51     West India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Figure 52     West India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Figure 53     West India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Figure 54     West India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Figure 55     West India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030          

List of Tables      

Table 1        India Propylene Market Size, By Value (USD Billion), 2019–2030

Table 2        India Propylene Market Size, By Volume (Million tons), 2019–2030

Table 3        India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Table 4        India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Table 5        India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Table 6        India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Table 7        India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Table 8        India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Table 9        India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Table 10      India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Table 11      India Propylene Market Share, By Region, By Value (USD Billion), 2019–2030

Table 12      India Propylene Market Share, By Region, By Volume (Million tons), 2019–2030

Table 13      North India Propylene Market Size, By Value (USD Billion), 2019–2030

Table 14      North India Propylene Market Size, By Volume (Million tons), 2019–2030

Table 15      North India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Table 16      North India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Table 17      North India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Table 18      North India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Table 19      North India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Table 20      North India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Table 21      North India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Table 22      North India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Table 23      South India Propylene Market Size, By Value (USD Billion), 2019–2030

Table 24      South India Propylene Market Size, By Volume (Million tons), 2019–2030

Table 25      South India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Table 26      South India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Table 27      South India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Table 28      South India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Table 29      South India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Table 30      South India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Table 31      South India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Table 32      South India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Table 33      East India Propylene Market Size, By Value (USD Billion), 2019–2030

Table 34      East India Propylene Market Size, By Volume (Million tons), 2019–2030

Table 35      East India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Table 36      East India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Table 37      East India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Table 38      East India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Table 39      East India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Table 40      East India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Table 41      East India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Table 42      East India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Table 43      West India Propylene Market Size, By Value (USD Billion), 2019–2030

Table 44      West India Propylene Market Size, By Volume (Million tons), 2019–2030

Table 45      West India Propylene Market Share, By Derivatives, By Value (USD Billion), 2019–2030

Table 46      West India Propylene Market Share, By Derivatives, By Volume (Million tons), 2019–2030

Table 47      West India Propylene Market Share, By Grade, By Value (USD Billion), 2019–2030

Table 48      West India Propylene Market Share, By Grade, By Volume (Million tons), 2019–2030

Table 49      West India Propylene Market Share, By Production Method, By Value (USD Billion), 2019–2030

Table 50      West India Propylene Market Share, By Production Method, By Volume (Million tons), 2019–2030

Table 51      West India Propylene Market Share, By End User, By Value (USD Billion), 2019–2030

Table 52      West India Propylene Market Share, By End User, By Volume (Million tons), 2019–2030

Table 53      Bharat Petroleum Corporation Limited Company Overview         

Table 54      Bharat Petroleum Corporation Limited Financial Overview                    

Table 55      Hindustan Petroleum Corporation Limited Company Overview              

Table 56      Hindustan Petroleum Corporation Limited Financial Overview     

Table 57      Indian Oil Corporation Limited Company Overview                     

Table 58      Indian Oil Corporation Limited Financial Overview                      

Table 59      Reliance Industries Limited Company Overview                         

Table 60      Reliance Industries Limited Financial Overview                          

Table 61      Haldia Petrochemicals Limited Company Overview                     

Table 62      Haldia Petrochemicals Limited Financial Overview                      

Table 63      HPCL-Mittal Energy Limited Company Overview               

Table 64      HPCL-Mittal Energy Limited Financial Overview                          

Table 65      Vizag Chemical Company Overview                                           

Table 66      Vizag Chemical Financial Overview                                            

Table 67      LyondellBasell Company Overview                                            

Table 68      LyondellBasell Financial Overview                                             

Table 69      Swastik Interchem Private Limited Company Overview              

Table 70      Swastik Interchem Private Limited Financial Overview