"Thailand Petrochemicals Report Q1 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Dec 29 2014

The Thai petrochemicals industry is seeing more certainty and growth as the political situation stabilises, but BMI's latest Thailand Petrochemicals report warns that political risk will remain a significant factor going forward.

The situation in Thailand has improved in recent months leading to improved performance in the automobile and auto parts manufacturing, agro-industrial exports and overall manufacturing. As such, the country's petrochemicals industry can look forward to a year of recovery in 2015. The crisis has limited the growth potential in Thailand's infrastructure and construction sectors, which are also major petrochemicals consumers, particularly in the polyvinyl chloride (PVC) segment, but like the automotive industry a contraction 2014 will turn to growth in 2015.

Full Report Details at
- http://www.fastmr.com/prod/938454_thailand_petrochemicals_report_q1_2015.aspx?afid=301

The industry should be protected from domestic economic woes with increased exports. Petrochemicals output is exported directly or is used in the export of finished goods. Also, most petrochemicals operations are located in Map Ta Phut, putting them away from the centre of political unrest in Bangkok. The chief uncertainties facing the sector relate to project approval by the new military regime and the regulatory regime.

* The Thai petrochemicals industry is set to continue ongoing expansion plans, led by PTTGC. In 2015 it will complete the debottlenecking of its aromatics plant, realising a 100,000tpa increase in paraxylene capacity, and boosting ethylene oxide capacity by 90,000tpa. In 2016, a new furnace is planned for its biggest cracker, which has a current capacity of 1mn tpa of ethylene. Meanwhile, Siam Cement Group (SCG) is planning to boost its overall low-density polyethylene (LDPE) production capacity by 60,000tpa by 2016.
* Political protests are likely as Thailand continues its transition, but whether this will lead to an extended period of instability remains unclear. Should social unrest reawaken, there will be fresh delays in project execution, disruption to external...

The Thailand 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 Thailand Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Thai petrochemicals industry.

Key Benefits

* Benchmark BMI's independent petrochemicals industry forecasts to test other views - a key input for successful budgetary and planning in the Thai petrochemicals market.

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