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The Year Ahead: Global Industries Outlook 2017 - Mid-Year Update

The Year Ahead: Global Industries Outlook 2017 - Mid-Year Update

External forces such as greater trade protectionism are creating more cautious investment decisions, but also opportunities for new alliances and regional partnerships to be created. Internal forces such as changes to the competitive landscapes of ...
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Algeria Petrochemicals Report

Algeria Petrochemicals Report

BMI View: Algeria is facing several years of subdued growth and rising macroeconomic challenges as the government turns to austerity in response to lower oil revenues. The Algerian economy will experience a slowdown in growth ...
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Argentina Petrochemicals Report

Argentina Petrochemicals Report

Argentina's petrochemicals industry remains beset with problems of feedstock access as gas output has struggled to keep up with demand, especially during winter. Under Argentina's President Mauricio Macri, more business-friendly environment is emerging ...
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Australia Petrochemicals Report

Australia Petrochemicals Report

The Australian petrochemicals industry is small and its plants are ageing. Faced with over-supply in the Asian market due to the Chinese slowdown and growth in ethane-based production in the US, the country's leading ...
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Azerbaijan Petrochemicals Report

Azerbaijan Petrochemicals Report

BMI View: Our economic growth outlook on Azerbaijan remains subdued, as the country will remain overwhelmingly dependent on oil and gas revenue for GDP growth. Energy accounts for o ver 75% of Azerbaijan's exports and 40% ...
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Belgium Petrochemicals Report

Belgium Petrochemicals Report

The Belgian economy has enjoyed a relatively stronger economic recovery than other eurozone member states, which has lifted its plastic and rubber output. However, the high degree of financial and trade integration with the eurozone ...
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Brazil Petrochemicals Report

Brazil Petrochemicals Report

BMI View : The Brazilian petrochemicals market is set to grow in 2017. This comes as the economy recovers with imports rising as a proportion of domestic sales. The Brazilian real is on a gradual upward trend, ...
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Bulgaria Petrochemicals Report

Bulgaria Petrochemicals Report

The Bulgarian petrochemicals industry is set to remain small and uncompetitive over the next five years with little foreign interest in investing in a high-risk business environment. While polymer production has been boosted by the ...
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Canada Petrochemicals Report

Canada Petrochemicals Report

North America's unconventional gas resources will be the key driver for growth in the Canadian petrochemicals industry, which is seeing some revival although not nearly as big as neighbouring US. While domestic petrochemicals consumption ...
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Chile Petrochemicals Report

Chile Petrochemicals Report

With ethylene and polyethylene production having ended in 2014 and methanol capacity more than halved over the past three years, Chile's petrochemicals industry has shrunk. The focus is now on sustaining output at the remaining ...
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China Petrochemicals Report

China Petrochemicals Report

The Chinese economy remains mired in a medium-term slowdown as structural weaknesses are yet to be fully addressed. These include the dominance of inefficient state-owned enterprises; overcapacity in the industrial sector, including petrochemicals and their ...
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Colombia Petrochemicals Report

Colombia Petrochemicals Report

BMI View: The Colombian chemicals industry reported a decline in output in 2016 amid a slowdown in economic growth. However, much of this decline was concentrated in Q1 and the industry benefitted from growth in refinery ...
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Czech Republic Petrochemicals Report

Czech Republic Petrochemicals Report

The resumption of production at Unipetrol's cracker following a 10-month shutdown due to fire damage should lead to strong growth in output and sales. Although market conditions may be more challenging in 2017, the country' ...
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Egypt Petrochemicals Report

Egypt Petrochemicals Report

BMI View: The decision by the Egyptian government to float the country's currency and uncouple it from its peg against the US dollar will further weaken the Egyptian pound. This has significantly raised the ...
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France Petrochemicals Report

France Petrochemicals Report

The French petrochemicals industry is seeing growth and rising investment as it makes its recovery from a period of stagnation. However, slow household consumption growth caused by sluggish wage growth and slow construction growth are ...
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Germany Petrochemicals Report

Germany Petrochemicals Report

Germany's competitiveness will be challenged by worsening economic conditions in external markets, particularly in light of the impact of Brexit. Even before the British vote to leave the EU knocked market confidence, polymer and ...
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Hungary Petrochemicals Report

Hungary Petrochemicals Report

The Hungarian petrochemicals industry is proving to be one of the most dynamic and competitive producers in the Central and Eastern European (CEE) region. Although lacking significant domestic crude resources, the sector has nevertheless invested ...
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India Petrochemicals Report

India Petrochemicals Report

In recent months, demonetisation has adversely affected India's domestic demand for polymers, hitting sales of retail goods with the effects felt up the manufacturing chain over a period of up to six months. However, ...
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Indonesia Petrochemicals Report

Indonesia Petrochemicals Report

Chandra Asri Petrochemical (CAP) continues to lead expansion in Indonesia's petrochemicals capacity as the country moves towards self-sufficiency through import substitution. In 2016, it brought onstream new capacity at its cracker, raising ethylene capacity by 43%. ...
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Iran Petrochemicals Report

Iran Petrochemicals Report

BMI View: Iran is witnessing rising levels of foreign direct investment in its petrochemicals industry, which are crucial to achieving the country's ambitions for rapid expansion. However, difficulties experienced by cargoes to China are ...
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