Demand for chemicals expected to reach pre-Covid levels this fiscal: N Chandrasekaran

N Chandra Sekaran, chairman of Tatakemikaru, said on Friday that demand for the chemical, both globally and in India, is slowly returning and is expected to reach preCovid levels by the end of the year.
“Chemicals demand in 2020 has been challenging, but recovery is expected not only in Asia, but also in the UK, Europe and other US markets. Chandra Sekaran addressed shareholders at the company’s 82nd annual meeting and said that the level of many chemicals He said it is likely to reach the pre-pandemic level. “Prices are back to normal,” he said. “It will remain until the fourth quarter of this year,” he said.
But products such as solid food raw materials have maintained their resilience over the years, he said.
“For the annual key performance of Basic Chemistry, we have the highest sales of over 1.5 million tonnes of salt between India and the UK, so we remain the leading position.
Additional storage capacity is 180,000 tonnes. Mukundan According to Mr., the salt production capacity of 1.4 million tonnes is on track and is progressing as planned.
Specialty Chemicals has launched 15 new products and acquired 64 new customers, expanding the sales of these products to over 150 kurore. Rs 75 Kurore he said .
Tata Chemicals is in the leading position, the company

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