New market study, "Algeria Petrochemicals Report Q3 2015", has been published

From: Fast Market Research, Inc.
Published: Tue May 26 2015

The Algerian petrochemicals market will come under pressure in 2015 as a result of slowing economic activity caused by falling oil prices . In addition, t he local petrochemicals industry is unlikely to expand significantly, with investment largely focused on fertilisers.

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.

However, we believe that Algeria is unlikely to reach its full potential over the forecast period, as indicated by delays to current projects. Such delays are not only costly but they also create uncertainty within the business environment, undermining the recent progress of the sector while also putting at risk cost advantages with regard to domestic natural gas feedstock availability.

Full Report Details at

Meanwhile, we note that 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 (JV) with Oman's Suhail Bahwan Holding Group (SBGH), Al Djazairia Al Omania Lil Asmida (AOA), has capacities for 1.46mn tonnes per annum (tpa) of ammonia and 2.56mn tpa of urea and was due to come into full commercial operation in H115.

Key Developments

* Fertial, a JV 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.
* In July, a decision will be made on two Algerian-Qatari partnership petrochemicals projects under consideration, focusing on the fertiliser sector. BMI believes that it is...

The Algeria Petrochemicals Report has been researched at source, and features BMI Research'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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