India is formulating a policy for petrochemicals giving importance to sustainability and green practices to address significant gaps in basic feedstock, according to P Raghavendra Rao, Secretary, Department of Chemicals and Petrochemicals in the Chemicals and Fertilisers Ministry. The aim is to make the policy more action-driven and not prescriptive, he said. Considering the feedstock requirement gaps, the country will urgently need at least five new integrated cracker plants, each with 1.5-mn-tonne capacity before 2025, he said.