'Coal Gasification is likely to be used to produce chemicals and petrochemicals'-says an Indian official. It has been learnt that the use of coal gasification technology will now be utilized to generate petrochemicals. The process could increase the domestic output of these products.
If sources are to be believed, then China has already stepped towards supplying large amount of chemicals to India using coal gasification technology.
"In last decade or so, the demand of petrochemicals has gone up substantially and unfortunately this has led to increase in imports, as domestic output is lagging due to limited availability of feedstock like gas and oil. India has rich reserves of coal, which has a high ash content. Therefore, the time has come to encourage the use of better technology and modern methods of exploration and production to enhance coal gasification,” said Chemicals and Petrochemicals Secretary Surjit K Chaudhary, who was speaking at the symposium on 'Potential of Coal Gasification in India', organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Department of Chemicals and Petrochemicals.
During a recent symposium, entreprenuers and other participants has discussed about the future opportunities for coal gasification in India. Various topics like coal to chemicals opportunities, coal to petrochemicals developments in China, and lessons for India and India-specific developments in the sector were discussed.
"With the increase in imports of petrochemicals, it is resulting in sizeable capital outflow, therefore we need to raise domestic output," Chaudhary noted.
Informarion source: economic times
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