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On May 10, 2016, PCMA organised an all Pakistan get-together of Chemical Manufacturers at PC Lahore where in more that 70 CEOs/representatives of chemical companies participated. The slogan shared in the event was LARGEST INDUSTRIAL SECTOR OF PAKISTAN- R U READY! there was a thought-provoking presentations in the meeting and all the players including Champions, Large & small ere seen united to work and grab the 20 billion USD opportunity.
Chairman PCMA Mian Muhammad Adrees requested to provide facility of Naphtha Cracker, which was back-bone for the growth and progress of chemical industry. Furthermore Mian Muhammad Adrees, informed that half of European chemical business had already been grabbed by big companies positioned in Asia and Middle-East, if Pakistan wants to get its share in the opportunity, which might reach to 5.6 Trillion Euros by 2030, we need to strategize and improve our chemical industry. Vice Chairman Mr Abrar said that India declared a separate chemical ministry in 1992 and ensured the growth in this important sector, Pakistan has even stronger potential to grow and fetch a huge share out of international market of chemical business. Every one present in the event demonstrated his / her ownership and the strong will to work together and strengthen the platform of PCMA that should be instrumental in achieving chemical vision 2025.... USD 20 billion, In Sha Allah. Secretary General Mr Iqbal Qidwai in his address stressed on the new investment in Pakistani chemical industry to produce profit-fetching chemicals. The need for augmenting Research & Development in this context was also emphasised.

Copyright Business Recorder, 2016

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