Polymerupdate Chief Provides Plastics Industry Perspective for YPO

Mumbai, India, May 26, 2014 --(PR.com)-- Recognizing the contribution Polymerupdate has made these past 14 years in spreading market intelligence across the global plastics industry with a special strength and knowledge of expertise focused on South Asia, the Global YPO Plastics network invited Sajjid Mitha, Founder and President of Polymerupdate, to share his knowledge and insights on plastics industry trends.

Young Presidents Organization or the YPO, comprise of an elite group of young chief executives from around the world. The organization has been around for over 60 years helping young business leaders run their companies with best practices, big ideas, bold vision and a world-class network of trusted peers.

Mr. Mitha participated as a plastics industry expert in a YPO global conference call, an interactive discussion wherein he spoke on the global outlook and regional challenges with respect to PE, PP and PVC. Covered in Mr. Mitha’s presentation were several prevailing issues such as the economic conditions in the US, Europe, China, Japan and India, with a special focus on MINT (Mexico, Indonesia, Nigeria, Turkey), the shale gas revolution and its impact on petrochemical markets globally and the prospects of the coal-to-olefins (CTO) and methanol-to-olefins (MTO) projects in China.

Being an expert in the field of analysis and predicting the behavior of petrochemical markets worldwide, Mr. Mitha then discoursed on the supply–demand scenario of the most commonly traded commodity polymers, PP, PE and PVC. Mr. Mitha detailed the workings of the petrochemical industry and informed the YPO Plastics network about the contribution of the entire value chain, from producers to end users. Each of the three products was discussed in detail and analyses for the next 10 years based on current plant operating rates and future capacity additions were presented to the audience.

Mr. Mitha’s presentation was applauded and much appreciated by the YPO members. Mr. Mitha extended special thanks to Polymerupdate’s new “Data Mining and Analytics” division, which furnishes region- and country-specific papers and historical data sets containing focused information on the prevailing scenario in prospective regions.