Petrochemicals Industry in Philippines
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- Janis Peters
- 7 years ago
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1 Brochure More information from Petrochemicals Industry in Philippines Description: Petrochemicals industry in Philippines at the moment is at a start-up stage. This industry is a critical contributor to the overall economic growth of this island nation. To this date, the petrochemical industry greatly leans towards imported raw products due to numerous failed projects and debts. This is in spite of the fact that the market for petrochemicals is likely to remain in good business with an anticipated growth rate of just over five percent in Credit for this can be given to a rise in domestic demand as well as exports. Growth in the domestic resins market is prompting oil and petrochemical producers in the Philippines to consider investment in downstream industries. Plans revealed recently include Petron's indication that it would resurrect plans for a PP plant at Mariveles, in Bataan, with a capacity of 160,000tpa PP, expandable to 225,000tpa. The industry is also attracting investors such as JG Summit Holdings planning a US $700 million naphtha cracker at the Batangas complex. However, until a domestic olefins source is developed, the main weakness in the Philippines' petrochemical industry will remain its dependence on imported ethylene and propylene, as well as aromatics and their derivatives. The main players involved in this sector are Petron Corporation, Shell Philippines, Chevron Malampaya, Mc Ren International Ventures, Inc., NPC Alliance Corporation (NPCA). The PNOC Petrochemical Development Corporation (PPDC) is currently developing a petrochemical industrial estate located in Limay and Mariveles Bataan. With an area of about 500 hectares, the complex is envisioned to house the first world-class petroleum complex in the country. At least three downstream plants are now underway: polypropylene, polyethylene, and the polyvinyl chloride. A factor seen to affect the viability of the industry is the subject of incentives, fiscal and non-fiscal, which will be made available to these plants. The ultimate objective is for naphtha to have a zero tariff, being the primary raw material of the cracker. Capital incentives and tax holidays are also expected to boost the otherwise marginal returns of the cracker plant. With Philippines finally getting together its petrochemical industry, it can look forward to having its requirements fulfilled and also have the stability it had been aspiring for so long in this sector. In this industry scenario, Taiyou Research analyzes the Petrochemicals Industry in Philippines. The report covers the following: - An analysis of the global petrochemicals industry in the aftermath of the Japan earthquake and the nuclear disaster in Japan. We analyze the global petrochemicals industry in 2011 and an outlook for the industry. - An analysis of the petrochemicals industry in Asia in order to establish the importance of the Filipino petrochemicals industry in the region. - An analysis of the petrochemical industry in Philippines including market profile, production statistics of petrochemicals, an analysis of the Filipino upstream sector, and trends in the industry. - A SWOT analysis of the Philippines petrochemical industry is carried out. - Major industry players analyzed include BASF Philippines, JG Summit Petrochemicals Corp, PNOC Petrochemical Development, Petron Corporation, and Tosoh. - An industry outlook completes this in-depth analysis of Philippines petrochemical industry. Taiyou Research s report on the Petrochemicals Industry in Philippines is a complete profile of this growingly competitive industry in Philippines that is likely to make an impact on the global petrochemicals industry in the coming years. Contents: 1. Executive Summary
2 2. Global Petrochemicals Industry 2.1 Japan Disaster and Impact on the Global Petrochemicals Industry 2.2 Global Petrochemicals Industry in Global Petrochemical Industry Outlook 3. Petrochemicals Industry in Asia 4. Petrochemical Industry in Philippines 4.1 Market Profile 4.2 Industry Structure 4.3 Philippines Upstream Sector 4.4 Challenge of the ASEAN-China Free Trade Agreement 5. Philippines Petrochemicals Industry: SWOT Analysis 5.1 Strengths 5.2 Weaknesses 5.3 Opportunities 5.4 Threats 6. Industry Trends 7. Major Industry Players 7.1 BASF Philippines 7.2 JG Summit Petrochemicals Corp (JGSPC) 7.3 PNOC Petrochemical Development 7.4 Petron Corporation 7.5 Tosoh 8. Industry Forecast 9. Appendix 9.1 Philippines Political Landscape: SWOT Analysis 9.2 Philippines Economic Landscape: SWOT Analysis 10. Glossary 11. Research Methodology Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8,
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