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Belgium Petrochemicals Report 2016

  • November 2015
  • -
  • Business Monitor International
  • -
  • 68 pages

Belgium's export sector has traditionally been dominated by relatively low technology goods supplyingdownstream processors in Germany and elsewhere. However, increased investment throughout the valuechain, particularly in products utilised by the automotive industry, will improve the externalcompetitiveness of the petrochemicals sector. The Belgian petrochemicals industry has managed to buck the trend in Western Europe with a rise in capacities in some segments.Chemicals output declined 0.4% y-o-y in the first eight months of 2015, putting the sector on course for afourth year of recession. Meanwhile, rubber production rose just 0.8%, although this came after a robustperformance in recent years. Plastic output grew 3.1%, a rate of growth was more than double the levelachieved in 2014 and considerably better than previous years.

Table Of Contents

Belgium Petrochemicals Report 2016
BMI Industry View 7
SWOT 8
Political 10
Economic 11
Industry Forecast 12
Table: Belgium Sector Data And Forecasts, 2012-2020 15
Macroeconomic Forecasts 17
Economic Analysis 17
Table: Economic Activity (Belgium 2010-2019) 22
Industry Risk Reward Ratings 23
Europe Petrochemicals Risk/Reward Index 23
Russia and Ukraine Under Pressure 26
Table: European Petrochemicals Risk/Reward Index (scores out of 100) 27
Belgium Risk/Reward Index 28
Market Overview 29
Table: Belgium Olefins Facilities 31
Table: Belgium Aromatics And Intermediates Facilities 31
Table: Belgium Polyolefins Facilities 32
Industry Trends And Developments 33
Upstream And Refining 34
Table: Refineries In Belgium 35
Company Profile 36
Total Petrochemicals 36
Table: Total financial results 38
Solvay SA 39
Table: Solvay Financial Results (EURmn) 40
Regional Overview 41
Energy Prices And Greek Crisis Will Determine Margins 41
Delays and Mothballing in the East 43
Global Industry Overview 49
Feedstock Differentials: Respite for Europe 49
2016 Feedstock Outlook 51
Could US Gas Run out? 52
Market Outlook: Chinese Downturn 53
Long-term Outlook 53
Europe - Brent On Board For A Bumpy Ride 57
Demographic Forecast 58
Table: Population Headline Indicators (Belgium 1990-2025) 59
Table: Key Population Ratios (Belgium 1990-2025) 59
Table: Urban/Rural Population and Life Expectancy (Belgium 1990-2025) 60
Table: Population By Age Group (Belgium 1990-2025) 60
Table: Population By Age Group % (Belgium 1990-2025) 61
Glossary 63
Table: Glossary Of Petrochemicals Terms 63
Methodology 64
Industry Forecast Methodology 64
Risk/Reward Index Methodology 66
Table: Petrochemicals Risk/Reward Index Indicators 67
Table: Weighting Of Indicators 68

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