Bulgaria Petrochemicals Report 2016 - Business Monitor International - Industry Reports

Bulgaria Petrochemicals Report 2016

Bulgaria Petrochemicals Report 2016 - Business Monitor International - Industry Reports
Bulgaria Petrochemicals Report 2016
Published Nov 07, 2015
66 pages — Published Nov 07, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The Bulgarian petrochemicals industry is set to remain small and uncompetitive over the next five years with little foreign interest in investing in a high-risk business environment. While polymer production has been boosted by the decline in naphtha prices, the fertiliser sector remains vulnerable to supply-side shocks in the form of gas feedstock restrictions from Russia. ...Amid a surge of cheap gas-based production in the US and the Middle East, Bulgaria is struggling with declining petrochemicals profitability. BMI notes the following trends: In spite of growth, limited indigenous oil sources, a relatively small refinery and reliance on gas imports from Russia mean that the petrochemicals sector still faces competitiveness issues and vulnerability to exogenous shocks. Fertiliser production has grown in recent years with sales led by exports, a trend that will continue provided Russia sustains gas supplies via Ukraine. ...However, much of the growth has already been achieved and the plant is now operating at full capacity. Bulgaria s Petrochemicals Risk/Rewards Index score declined -.- points over the past year to --.- points due to a decline in its country risk score, but it retains its --th place in the European rankings - -.- points behind Romania and -.- points ahead of Ukraine.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

...Lukoil Bulgaria is an exporter of petrochemicals and polymers to European nations, especially to the Balkan region. ...The country s sole oil refinery has seen a number of upgrades over recent years improving the range of and quality refined products. An additional --,--- barrel per day (b/d) vacuum distillation unit will be added to the facility and should be operating by ----. ...The country s sole oil refinery has seen a number of upgrades over recent years improving the range of and quality refined products. An additional --,--- barrel per day (b/d) vacuum distillation unit will be added to the facility and should be operating by ----.

...High enrolment rates in education at all levels means that basic skills are widespread among the population. The transport network provides a variety of options for supply chains due to extensive road and railway networks, and the presence of the river Danube along Bulgaria s northern border. ...

  
Source:
Document ID
1749-2173
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Bulgaria Petrochemicals Report 2016" Nov 07, 2015. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bulgaria-Petrochemicals-Report-2016-2026-636>
  
APA:
Business Monitor International - Industry Reports. (2015). Bulgaria Petrochemicals Report 2016 Nov 07, 2015. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bulgaria-Petrochemicals-Report-2016-2026-636>
  
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