Egypt Petrochemicals Industry Update Quarter 3 2012
$ 1 088
- May 2013
- by Business Monitor International
- 76
Includes 3 FREE quarterly updates
BMI View: The Egyptian petrochemicals industry is struggling with disruptions to natural gas feedstock
while importers are suffering from a shortage of foreign exchange. Nevertheless, BMI still believes market
potential will ensure current planned projects are realised; however, questions linger over whether the
sector can continue to attract investment if the present political and economic uncertainties persist.
Start-ups in 2013 will focus on the polyvinyl chloride (PVC) and polyethylene terephthalate (PET)
segments. In mid-2013, India's Sanmar Group plans to open a captive ethylene plant to serve its
vinyl chloride monomer (VCM)-PVC chain, which produces 400,000tpa VCM and 200,000tpa PVC and is
set to double in size in the future. Meanwhile, Egypt is set for a massive boost in its self-sufficiency in
semi-finished PET products with the opening of a 430,000tpa PET chip facility in Q313.
BMI Industry View 7
SWOT 9
Political 11
Economic 12
Business Environment 14
Industry Forecast 15
Table: Egypt Petrochemicals Sector, 2010-2017 ('000tpa unless otherwise stated) 16
Macroeconomic Forecasts 18
Household Consumption Outlook 21
Government Consumption Outlook 22
Fixed Investment Outlook 23
Net Export Outlook 24
Industry Risk Reward Ratings 26
Egypt Petrochemicals Risk/Reward Ratings 26
Middle East And Africa Petrochemicals Risk/Reward Ratings 26
Africa Coming Into View As Gulf States Mature 28
Arab Spring Takes Its Toll 28
Regulatory Framework Dictates Risks 29
Table: MEA Petrochemicals Risk Ratings 30
Market Overview 31
Industry Trends And Developments 33
Upstream 33
Olefins and Polyolefins 34
Fertiliser 38
Company Profile 39
Egyptian Petrochemicals Holding Company (EChem) 39
Sidpec 41
Regional Overview 43
Table: Africa's Gas Reserves, 2012 (bcm) 43
Table: Africa's Oil Reserves, 2012 (bn bbl) 43
Global Industry Overview 47
Global Petrochemicals Overview 47
Global Oil Product Price Outlook 52
Methodology 52
Crude Price Forecasts 54
Table: BMI's Oil Price Forecasts, Average Price (US$/bbl) 54
Early Rally Turns Into Run-Off 54
Table: BMI's Refined Products Forecasts, US$/bbl 58
Supply: Refining Capacity Expansion Sets Tone 59
Naphtha: Global Economic Outlook Weighs On Prices 63
Gasoline And Gasoil/Diesel: The Green Effect 64
Jet Fuel: Freight Continues Slump 65
Table: Total Air Freight & Passenger Volumes 65
Bunker Fuels: Efficiency Takes Hit On Demand 66
Glossary 68
Table: Glossary of Petrochemicals Terms 68
Methodology 69
Chemicals And Petrochemicals Industry 69
Cross Checks 70
Risk/Reward Ratings 70
Table: Petrochemicals Risk/Reward Indicators And Rationale 71
Weighting 72
Table: Weighting Of Indicators 72
Demographic Forecast 73
Table: Egypt's Population By Age Group, 1990-2020 ('000) 74
Table: Egypt's Population By Age Group, 1990-2020 (% of total) 75
Table: Egypt's Key Population Ratios, 1990-2020 76
Table: Egypt's Rural And Urban Population, 1990-2020 76
Petrochemical in Egypt
- $ 250
- Industry data
- February 2013
Yearly, From 2003 To 2018
By Business Monitor International
Source: "Oil &
- Industries : Petrochemical
- Countries : Egypt
- $ 250
- Industry data
- February 2013
Yearly, From 2003 To 2018
By Business Monitor International
Source: "Oil &
- Industries : Petrochemical
- Countries : Egypt
- $ 250
- Industry data
- February 2013
Yearly, From 2009 To 2018
By Business Monitor International
Source: "Oil &
- Industries : Petrochemical
- Countries : Egypt
- $ 250
- Industry data
- February 2013
Yearly, From 2009 To 2018
By Business Monitor International
Source: "Oil &
- Industries : Petrochemical
- Countries : Egypt
- $ 250
- Industry data
- February 2013
Yearly, From 2009 To 2018
By Business Monitor International
Source: "Oil &
- Industries : Petrochemical
- Countries : Egypt