Pakistan: Petrochemicals Pakistan Announces Plans to Build First Naphta Cracker
Pakistan is set to buidl the country's first Naphta cracker complex since 1947, Pakistan's Dailymail reports.
Islamabad/Pakistan — With this step, the country intends to reduce dependence on imports and expand the value-added chain for the production of petrochemicals.
According to Dailymail, the development came after an 18-member delegation of Pakistan Chemical Manufacturing Association (PCMA) met with Federal Minister for Planning, Development and Reforms Ahsan Iqbal in his office, Islamabad.
The minister suggested to task PCMA with a feasibility study and a viable business plan. The cracker will have an important role in the industrial zones to be placed along the China Pakistan Economic Corridor (CPEC), it was said in the meeting. The Association will also submit a 10 years plan as pragmatic roadmap for the chemical industry.