In BMI's Asia Pacific Petrochemicals Risk/Reward Index, Indonesia ranks 10th out of 12 countries with a score of 52.0 out of 100, unchanged since the previous quarter. It sits 9.5 points behind Australia and 5.1 points ahead of the Philippines, indicating that its ranking is unlikely to change in the short term. Plans for capacity expansion, coupled with improved risk, could raise the country's rating, but BMI thinks it highly unlikely that it will close the gap with other Asian states
The Indonesian petrochemicals industry is witnessing continued investor interest with a surge of capacity over the next five years set to make it more self-sufficient. However, BMI's latest Indonesia Petrochemicals Report warns that the country's petrochemicals market is set to witness a downturn amid weaker growth, particularly as a result of a downturn in the automotive sector.
Full Report Details at
- http://www.fastmr.com/prod/1075273_indonesia_petrochemicals.aspx?afid=301
Petrochemicals output is set to decline in coming months as a result of the overhaul of facilities operated by Chandra Asri Petrochemical (CAP). The company is targeting a revenue increase of at least 30% in 2016 when its annual production of ethylene and propylene is expected to increase by up to 860,000tpa and 470,000tpa, respectively, from 600,000tpa and 320,000tpa in 2015. This should increase Indonesia's self-sufficiency. Other planned capacity includes a new synthetic rubber plant, PT Synthetic Rubber Indonesia, a joint venture between CAP and French tyre maker Compagnie Financiere du Groupe Michelin which is due to come onstream by 2017. The firm will also partner with BP develop a condensate splitter to produce naphtha. Indonesia currently imports all its naphtha requirement and the splitter is set to reduce imports to 60% of local demand. The splitter is due to come onstream by 2019.
The Indonesia 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 Indonesia Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Indonesian 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 Indonesian petrochemicals market.
* Target business opportunities and risks in the Indonesian petrochemicals sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Indonesia.
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 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Thailand Petrochemicals Report Q1 2016
- Russia Petrochemicals Report Q1 2016
- Egypt Petrochemicals Report Q1 2016
- Spain Petrochemicals Report Q1 2016
- Turkey Petrochemicals Report Q1 2016
New Study: Indonesia Petrochemicals Report Q1 2016
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001