Department of Chemicals and Petrochemicals is organizing a B20 conference for the global business community, in collaboration with Confederation of Indian Industry (CII) with focus on the Chemicals & Petrochemical sector at New Delhi tomorrow.
The event will be inaugurated by Minister of State for Chemicals and Fertilizers & New and Renewable Energy Shri Bhagwanth Khuba in the presence of Secretary, Department of Chemicals and Petrochemicals and various representatives of G20 member countries.
More than 500 delegates from India and Oversees from Industry/Association/Federation across B20 Nations, Government representatives will participate in the conference. Industry representatives from Germany, Mexico, Russia, Hungary, United States of America, Belgium, Singapore, United Arab Emirates and South Korea are expected to participate in the conference.
The aim of the Conference is to improve the safety and sustainable ecosystem for chemicals and petrochemicals industry across the four pillars of De-carbonization, Circular Economy, Biodiversity and Water Conservation.
The conference is an effort to promote sustainable development in chemical and petrochemical sector and to deliberate upon sustainable solutions of various issues being faced by the industry. The conference will facilitate in identifying potential opportunities, exchange of knowledge amongst G20 countries on sustainability and circularity.
Chemicals & Petrochemical industry being one of the fastest growing industries, is playing a instrumental role in development the Indian economy. It finds application in providing building blocks and raw materials for allied downstream products.
Given the sector’s significant potential to overall economic development and nation building, G20 members have huge opportunities to increase the capacity and capability for achieving ambitious growth targets.