Chemplast Sanmar Q4FY22 - summary of concall transcript
Chemplast Sanmar Q4FY22 - summary of concall transcript https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc4a7486-1894-4bb1-a2f4-ac9983d9c872.pdf China Supply Most of the carbide based PVC plants there - out of 20 million tons, 15 million to 16 million tons have their own captive carbide so they would not see the coal costs rise so much, it is only the balance 4 or 5 million tons, which will have that. PVC Market Outlook – 5 years As far as PVC is concerned, the medium-term outlook is really very. In fact, IHS Markit which is the leading industry analysts have estimated that in the next five years by 2022-2026 the demand will grow by around 9 million tons whereas the supply will grow only by around 4 million tons and operating rates of plants around the world will go up to over 93%. This is a very high percentage and what they have not even considered is the fact of a lot of carbide PVC plants getting stressed and dropping off the grid in Chin...