In the strictest sense, any of a large group of chemicals derived from petroleum and natural gas and used for a variety of commercial purposes. The definition, however, has been broadened to include the whole range of aliphatic, aromatic, and naphthenic organic chemicals, as well as carbon black and such inorganic materials as sulfur and ammonia. Products made from petrochemicals include such items as plastics, soaps and detergents, solvents, drugs, fertilizers, pesticides, explosives, synthetic fibres and rubbers, paints, epoxy resins, and flooring and insulating materials. Petrochemicals are found in products as diverse as aspirin, luggage, boats, automobiles, aircraft, polyester clothes, and recording discs and tapes.

Meeting the challenge of delivering the 2nd largest consummable product to the end user

The various components of petroleum used as raw materials in the production of other chemicals are known as feedstocks. Petrochemical feedstock can be classified into three general groups: olefins, aromatics, and inorganics. Olefins, include ethylene, propylene, and butadiene. Ethylene is the hydrocarbon feedstock used in greatest volume in the petrochemical industry. From ethylene, for example polyethylene, used in film and plastics; styrene, used in resins, synthetic rubber, plastics, and polyesters; and ethylene dichloride, for vinyl chloride, used in plastics and fibres. Propylene is used in making such products as acrylics, rubbing alcohol, epoxy glue, and carpets. Butadiene is used in making synthetic rubber, carpet fibres, paper coatings, and plastic pipes.

Polymers: A highly significant proportion of these basic petrochemicals is converted into plastics, synthetic rubbers, and synthetic fibres. Together these materials are known as polymers, because their molecules are high-molecular-weight compounds made up of repeated structural units that have combined chemically. The major products are polyethylene and polystyrene, all derived from ethylene, and polypropylene, derived from monomer propylene.

Plastics: Many of the chemical names of the polymers employed, as plastics have become familiar to consumers. Thus, polyethylene terephthalate and polyvinyl chloride are commonly referred to as PET and PVC.

Industrial fabricators of plastic products tend to think of plastics as either "commodity" resins or "specialty`` resins. Commodity resins are plastics that are produced at high volume and low cost for the most common disposable items and durable goods. They are represented chiefly by polyethylene, polypropylene, polyvinyl chloride, and polystyrene.

The plastics industry in Asia has tremendous potential and traditional usage of glass, metal, etc. used for packaging is being converted into plastics. Already a rapid growth in the Asia Pacific Region is registered. China has emerged as the main centre of consumption. Many capacities are springing up in the Asia region and the market sentiments are developed taking in consideration the demand and supply pattern.

PAREKH Group started in 1992 as Del Credere Agents of Reliance Industries Ltd. under the name of Polymer Distributors, a Division of Bombay Ankoosh Industries Pvt. Ltd. Today, it is one of the leading Del Credere Agents, handling all types of Plastic Raw materials like PVC, HDPE, LLDPE and PP manufactured by Reliance Industries Ltd.

Our Role: To Offer Value Added Service To Our Customers We see ourselves as an extension of our customers organization in as much our primary role is to function as their "eyes and ears" to collect and collate important market information whether relating to price movements, material availability, supply logistic etc. to facilitate an economical procurement and optimal inventory management. To this we keep our customers updated through our NEWS LETTER - ASIA PACIFIC PETROCHEM POLYMER NEWS. Request us on our e-mail address info@parekhgroup.net for the latest update.

Our Philosophy: We believe in sustaining long lasting relationship with our customers, beneficial and viable to both. Our business growth lies in promoting profitable growth of our customers. Our functional role is to guide optimal procurement planning.

Our expectation: We desire our customer consider us as their extension, "their eyes and ears" and not as an outside agency / distributor. We stand strengthened when our customers repose confidence in our advise / suggestions / judgement.