Market Report, "Algeria Petrochemicals Report Q2 2015", published

From: Fast Market Research, Inc.
Published: Thu Feb 12 2015

Fertiliser production is increasing in Algeria with a third major complex coming onstream in 2015, but olefins and polymers production will remain small following the cancellation of the planned Arzew petrochemicals complex.

Petrochemicals have major potential as Algeria looks to reduce its reliance on raw commodity prices. Its main value-added products are methanol and fertiliser. Petrochemical exports amount to around two-thirds of Algeria's non-hydrocarbons exports, but hydrocarbons comprise 95% of the country's total exports. Algeria has the fourth-largest oil reserves and second-largest gas reserves in Africa but production has plateaued in recent years.

Full Report Details at

* Algeria's petrochemicals market is likely to witness a steady improvement in growth in 2015. This is driven mainly by domestic demand and public investment activity.
* The fertiliser sector is set to grow in 2015 as existing operators ramp up production and a third operator prepares to come online early in the year. Sonatrach's joint venture with Oman's Suhail Bahwan Holding Group (SBGH), Al Djaza´ria Al Omania Lil Asmida (AOA) has capacities for 1.46mn tpa of ammonia and 2.56mn tpa of urea and was due to come into full commercial operation in Q115.
* Fertial, a joint venture between Spain's Grupo Villar Mir and Sonatrach's subsidiary Asmidal, is also planning to modernise its two ammonia production sites in Arzew and Annaba and increase production capacity from 1.2mn tpa to 1.8mn tpa by 2018.
* An improvement in Algeria's country risk score has nudged its overall Petrochemicals Risk/Reward Index (RRI) up by 0.2 points to 35.4 points this quarter. However, following the cancellation of the Arzew Petrochemicals Complex, it is unlikely to improve its place position, where it languishes 2.4 points behind Nigeria in the Middle East and Africa petrochemicals RRI matrix.

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

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