United Arab Emirates Petrochemicals Report Q1 2015 - New Market Report

From: Fast Market Research, Inc.
Published: Wed Dec 17 2014

The UAE is driving up petrochemicals capacities, but producers face a challenging external market as well as the prospect of rising naphtha feedstock prices, according to BMI's latest UAE petrochemicals report. Borouge will remain the focus of the development of the UAE's petrochemicals industry over the medium term, with an additional 2.5mn tonnes per annum (tpa) coming onstream in 2014 following the completion of Borouge 3 in Ruwais, Abu Dhabi in May 2014, when the operators started test runs on the cracker facility.

Borouge began test runs at its new 1.5mn tpa ethane cracker in Q214, although it will be some months before full commercial production is achieved and downstream units of the Borouge 3 complex are fully operational, including two Borstar polyethylene (PE) units with a combined capacity of 1.08mn tpa, two Borstar polypropylene (PP) units with a combined capacity of 960,000tpa and a 350,000tpa low density PE (LDPE) unit. The project also includes an 80,000tpa cross-linked polyethylene (XLPE) plant, which Borouge said will be a value-added complement to the 350,000tpa low-density polyethylene (LDPE) unit at the site.

Full Report Details at
- http://www.fastmr.com/prod/912239_united_arab_emirates_petrochemicals_report_q1.aspx?afid=301

Meanwhile, Abu Dhabi is developing the Abu Dhabi National Chemicals Company (Chemaweyaat), a JV involving Abu Dhabi National Oil Company (ADNOC, 20%), International Petroleum Investment Company (IPIC, 40%) and the Abu Dhabi Investment Council (40%), which it hopes will be the world's largest petrochemical complex, located in Khalifa Industrial Zone at Taweelah. It will include an olefins plant, an aromatics complex and a range of downstream polymer and chemical units, and is due to start production in 2014. The naphtha cracker will have capacity of 1.5mn tpa, but the exact details of the capacities of downstream units are unclear.

* In the short term the export market is challenging. UAE producers will feel the squeeze of moderating economic activity in Europe and Asia and the continuing growth in capacity in emerging markets. China...

The United Arab Emirates Petrochemicals Report has been researched at source, and features Business Monitor International (BMI)'s market assessment and independent forecasts for key petrochemicals sub-sectors. The report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing companies by products and services, sales, market share, investments, projects, partners and expansion strategies.

BMI's United Arab Emirates Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Emirati petrochemicals industry.

Key Benefits

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- United Arab Emirates Oil & Gas Report Q4 2014
- United Arab Emirates Insurance Report Q1 2015
- United Arab Emirates Shipping Report Q1 2015
- United Arab Emirates Defence & Security Report Q1 2015
- United Arab Emirates Freight Transport Report Q1 2015
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »