Colombia Petrochemicals Report 2016 - New Market Research Report

From: Fast Market Research, Inc.
Published: Fri Jan 29 2016

The Colombian petrochemicals industry reported an overall solid growth performance in 2015, although rubber output was hit by a contraction in sales that was partly caused by a decline in output in the automotive industry. T he refining sector is expanding with the potential for increased naphtha feedstock for petrochemicals, but this will be insufficient for any new cracker facili ty in the country.

The Colombian petrochemicals industry saw mixed results in 2015 with strong growth in basic chemicals and contraction in synthetic rubber. In 9M15, the real production index for basic chemicals and their derivatives grew by an average of 6.9% y-o-y on the back of 6.9% growth in the sales index. However, over the sale period the real production index for rubber slumped 10.2% y-o-y with the sales index declining 11.5%. Plastics output soared 14.1% y-o-y as sales rose 4.4%.

Full Report Details at

The Reficar refinery in Cartagena was due to complete its expansion from 80,000b/d to 165,000 b/d by March 2016, providing a potential naphtha boost for downstream olefins production. The announcement of a potential sixth facility would contribute an additional 260,000b/d in refining capacity, posing upside risk our current downstream projections. Growth in LPG derived from natural gas could also serve as an alternative petrochemicals feedstock, enabling greater flexibility for petrochemicals cracking operations.

In terms of petrochemicals consumption, protracted construction growth should support consumption of PVC and PP, which together account for over 80% of Colombian polymers production capacity. On the downside, the automotive sector shrank in 2015 and the outlook over the next five years shows only modest growth rates, which will continue to depress the rate of growth in rubber and other petrochemicals-based automotive parts.

The Colombia 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 Colombia Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Colombian 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 Colombian petrochemicals market.
* Target business opportunities and risks in the Colombian petrochemicals sector

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 or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Netherlands Petrochemicals Report 2016
- Thailand Petrochemicals Report Q1 2016
- Russia Petrochemicals Report Q1 2016
- Egypt Petrochemicals Report Q1 2016
- Japan Petrochemicals Report 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »