logo
Petrochemical Consolidation to Accelerate Globally; India Poised to Play Strategic Role: BCG Report

Petrochemical Consolidation to Accelerate Globally; India Poised to Play Strategic Role: BCG Report

Hans India7 days ago
The global petrochemical sector is set to undergo significant consolidation, driven by prolonged low margins, overcapacity, and shifts in regional growth patterns, according to a new report by Boston Consulting Group (BCG) titled 'Preparing for the Next Wave of Petrochemical Consolidation.'
The report points to a steep drop in sector profitability, with average ROCE falling from 8% in 2019 to ~4% in 2024, and highlights that capacity additions in several regions are outpacing demand growth. These conditions are accelerating rationalization and consolidation efforts, as companies seek to remain competitive in an increasingly challenging environment.
India: A Regional Growth Engine in the Making
India is uniquely positioned to emerge as a regional consolidator, given its robust domestic demand and expanding manufacturing capacity. With an eye on this strategic opportunity, Indian petrochemical players must now look beyond organic growth to targeted M&A, vertical integration, and investment in technological and sustainability capabilities.
Commenting on the opportunity ahead, Kaustubh Verma, Managing Director & Partner, Energy Practice, BCG, said, 'As the global petrochemical landscape moves toward a new phase of consolidation, India stands at a strategic inflection point. With strong domestic demand and a growing manufacturing base, Indian players have the opportunity to carve out regional leadership by leveraging targeted M&A, securing critical feedstock access, and strengthening their technology and sustainability edge. To stay competitive, companies must proactively assess their portfolios and prepare for multiple market scenarios, those who act decisively now will be better positioned to capture long-term advantage.'
Key Highlights from the Report:
Margin Pressure is Here to Stay: With slow demand growth and increasing production capacity, global petrochemical players face tighter margins and the need for operational efficiency.
M&A and Rationalization to Dominate Strategy: Capacity rationalization and strategic M&A will likely dominate boardroom discussions over the next few years.
India Well-Placed for Strategic Expansion: India's domestic market growth, coupled with maturing industrial capacity, positions it as a potential consolidator in the region.
Call to Action: The report urges petrochemical companies to reassess their portfolios, anticipate multiple market scenarios, and move early to capture the next wave of advantage.
Please find the full report here: Preparing for the Next Wave of Petrochemical Consolidation
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ananta Capital Acquires Majority Stake in Rubans, One of India's Fastest-Growing Fashion Jewelry Brand
Ananta Capital Acquires Majority Stake in Rubans, One of India's Fastest-Growing Fashion Jewelry Brand

Business Standard

time6 minutes ago

  • Business Standard

Ananta Capital Acquires Majority Stake in Rubans, One of India's Fastest-Growing Fashion Jewelry Brand

India PR Distribution Mumbai (Maharashtra) [India], August 11: Ananta Capital has completed the acquisition of a majority stake in Fonte Fashions India Private Limited, the parent company of Rubans, a digitally native, fast-growing fashion jewellery brand redefining affordable luxury for Indian women. Founded in 2017 by Chinu Kala, Rubans began as a single mall kiosk fueled by ambition and a deep understanding of India's evolving fashion sensibilities. In just a few years, it has grown into a leading name in the fashion jewelry space -- blending contemporary aesthetics with Indian elegance to create a trend-first, high-impact brand that resonates with millions of style- conscious women across the country. Speaking on the investment, Ashutosh Taparia, part of the Taparia family and Founder & Managing Partner of Ananta Capital said: "Rubans is a rare blend of creative excellence and commercial agility -- a brand that understands the pulse of the modern Indian woman. Under Chinu's dynamic leadership, Rubans has scaled with vision, resilience, and an innate sense of style. We are especially proud to welcome Rubans into the Ananta portfolio -- a milestone that reflects our belief in backing bold, driven entrepreneurs who are reshaping the consumer landscape. We're excited to partner with Chinu and Amit as they lead Rubans into its next era of growth." Sanjeev Taparia, part of Taparia family, added: "India's appetite for curated, high-quality yet affordable jewellery is rising rapidly. Rubans is uniquely positioned to meet this demand. We see immense headroom for growth and are thrilled to back the brand's next phase of scale." Rubans plans to use the new capital to deepen its design and product innovation, and strengthen its omnichannel presence across leading marketplaces and offline touchpoints. Investments will also be made in marketing, community-building, and strengthening brand recall among new-age consumers. Chinu Kala, Founder of Rubans, shared: "Rubans is not just a brand -- it's a dream I've built brick by brick. Partnering with Ananta marks a powerful new chapter in that journey. Their deep understanding of consumer brands and long-term mindset makes them the perfect strategic partner as we scale Rubans into India's go- to destination for women's fashion accessories." Amit Kala, Co-founder of Rubans, added: "This partnership is a validation of the hard work our team has put in and the brand loyalty we've built. With Ananta's strategic guidance and support, we're confident about taking Rubans to even greater heights." Ananta Capital's investment in Rubans adds to its foray into the Fashion / lifestyle space having recently acquired significant strategic investment in Bacca Bucci (A fast growing D2C Sneaker brand). Backed by Mumbai based Taparia Family, Ananta Capital has controlling investments in leading beauty and wellness brands such as Bellavita, Betteralt, ThriveCo, Bevzilla - all under the Guardian group. The Guardian Group also owns the Guardian Pharmacy chain and holds the India master franchise for GNC, a global nutritional supplements brand. The fund also owns majority stake in prominent home furnishing brands - Sleepycat and Springwel. Additionally, Ananta Capital has invested in companies like Open Secret, Liquiloans, Stovekraft (exited), Pickrr (exited), Alivaa Hotels and PG Electroplast (exited). For media inquiries, please contact: Ananya Bhatt, abhatt@ About Ananta Capital: Ananta Capital is private equity firm headquartered in Mumbai. With a diverse portfolio and a track record of successful investments, Ananta Capital is committed to partnering with visionary entrepreneurs to unlock value and drive sustainable growth. Ananta Capital's portfolio includes Bellavita, Bevzilla, BetterAlt, Thrive Co., Springwel Mattresses, Sleepycat, Open Secret, Bacca Bucci, GNC India (Guardian Pharmacy) Pickrr (exited), Liquiloans, Stovekraft (exited), Alivaa Hotels and PG Electroplast (exited)

OPUL Makes a Mark with Power-Packed Luxury Watch Launch
OPUL Makes a Mark with Power-Packed Luxury Watch Launch

Business Standard

time6 minutes ago

  • Business Standard

OPUL Makes a Mark with Power-Packed Luxury Watch Launch

VMPL New Delhi [India], August 11: OPUL has entered the luxury and lifestyle space with an undeniable force -- combining ambition, aesthetics, and dare we say, audacity. OPUL made a show-stopping debut with the launch of a limited-edition timepiece in collaboration with music megastar Yo Yo Honey Singh. OPUL is a global luxury and lifestyle platform co-founded by UK-based Indian entrepreneur Neeraj Bhatia, with diversified businesses across Private Aviation (OPUL Jets), Bespoke Events & Travel, Real Estate & Recruitment, Digital commerce and now Fashion & Merchandise and Hotels Scratch the surface and there's something more powerful: OPUL isn't just about a product. It's about making a statement. YOYO Watch--a limited-edition watch--is more than just a timekeeper. Housed in a collector's box with a miniature OPUL jet and Honey Singh's autograph, it's a bold symbol of ambition and acceleration. With just 1,500 men's and 500 women's watches available worldwide, this is a collector's piece by design and intention. The watches are now available globally -- exclusively via Opul's online platform: Seen with Yo Yo Honey Singh throughout the campaign to launch the timepiece, Neeraj Bhatia, Founder and CEO of OPUL, is the visionary behind the brand. Bhatia didn't just dream big--he flew big, quite literally!! The custom OPUL Jet, that's emblazoned with campaign visuals, became a key storytelling tool that captured the essence of the brand: freedom, fearlessness and flight. According to Mr. Bhatia, CEO & Founder, OPUL, "This launch isn't about a watch. It's about shaping a culture. Every OPUL venture is part of a larger vision to elevate and redefine luxury -- rooted in India, but with a global heartbeat. We're not just setting trends--we're setting the standard" An Indian-rooted, UK-based businessman with global ambitions, Bhatia is building an empire that spans the industries of aviation, entertainment, events and lifestyle. He brings a refreshing new vision for luxury--one that's proudly homegrown yet globally aspirational. He further added "Stay tuned... OPUL's next move is not just going to be bigger. It's going to be ICONIC." YOYO Watch--a limited-edition watch--is more than just a timekeeper. Housed in a collector's box with a miniature OPUL jet and Honey Singh's autograph, it's a bold symbol of ambition and acceleration. With just 1,500 men's and 500 women's watches available worldwide, this is a collector's piece by design and intention. The watches are now available globally -- exclusively via Opul's online platform: What's Next for OPUL This watch is just the beginning. OPUL has lined up an ambitious roadmap of high-impact collaborations, elevated experiences, and category-defining products across industries. With a storytelling-first approach and an unwavering commitment to design-led disruption, OPUL is poised to redefine the meaning of Indian luxury on the global stage. -Ends- About OPUL OPUL is a global luxury and lifestyle platform co-founded by Neeraj Bhatia, with diversified businesses across: Private Aviation (OPUL Jets) Bespoke Events & Travel Real Estate & Recruitment Digital commerce and now Fashion & Merchandise Hotels OPUL operates in London, India, Isle of Man, Portugal, Dubai, and beyond -- managing a fleet of over 20 private jets across the UK and Europe, and hosting some of the world's most exclusive experiences. Under its parent company Pozitive Energy (with a turnover of over £1 billion), OPUL also invests heavily in charitable causes and sports sponsorships, including Army Sports, England Rugby, and the TT Bike Races in the Isle of Man. With a vision rooted in accessibility, curation, and creativity, OPUL is committed to making collectible luxury available to wider audiences -- one meaningful product at a time.

Govt targets 50 countries including West Asia, Africa to boost exports
Govt targets 50 countries including West Asia, Africa to boost exports

Business Standard

time6 minutes ago

  • Business Standard

Govt targets 50 countries including West Asia, Africa to boost exports

The government is working on measures to boost India's exports, including targeting 50 countries in regions such as the Middle East and Africa, amid the heavy tariffs imposed by the US on Indian goods, an official said on Monday. These 50 countries account for about 90 per cent of India's exports. The official said that the commerce ministry is working on four pillars including export diversification, import substitution, and export competitiveness "Detailed analysis is underway on these pillars. The ministry is working product by product," the official said. The commerce ministry was already focusing on 20 countries and now 30 more have now been included in the strategy. India's exports remained flat at USD 35.14 billion in June due to global economic uncertainties, while the trade deficit narrowed to a four-month low of USD 18.78 billion during the month. During April-June 2025-26, exports increased 1.92 per cent to USD 112.17 billion, while imports rose 4.24 per cent to USD 179.44 billion. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store