India's Petrochemical Expansion to Reshape Asian Supply

India is increasing its production of petrochemicals, similar to what China did earlier.

Both countries want to make their own chemicals instead of buying them.

This could be bad news for companies that sell these chemicals in Asia.

They may have to sell elsewhere, which could be hard due to tariffs.

India's own chemical companies are likely to do well because people in India use a lot of these chemicals.

India is expected to become the second-largest consumer of polyethylene.