Colombia Petrochemicals Report 2016 - Business Monitor International - Industry Reports

Colombia Petrochemicals Report 2016

Colombia Petrochemicals Report 2016 - Business Monitor International - Industry Reports
Colombia Petrochemicals Report 2016
Published Jan 16, 2016
57 pages — Published Jan 16, 2016
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Abstract:

BMI View: The Colombian petrochemicals industry reported an overall solid growth performance in ----, although rubber output was hit by a contraction in sales that was partly caused by a decline in output in the automotive industry. The refining sector is expanding with the potential for increased naphtha feedstock for petrochemicals, but this will be insufficient for any new cracker facility in the country. ...On the downside, the automotive sector shrank in ---- 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. In ---- Colombia s petrochemicals facilities included capacities of ---,--- tonnes per annum (tpa) ethylene, --,---tpa benzene, --,---tpa toluene, --,---tpa xylenes, --,---tpa polyethylene terepthalate (PET), --,---tpa low density polyethyelen (LDPE), ---,---tpa polystyrene (PS), ---,---tpa poly vinyl chloride (PVC), ---,---tpa PP, ---,---tpa ammonia and ---,---tpa urea. � An ongoing downside factor is the falling size of the country s oil reserves which, if there is no increase, will be unable to sustain current levels of oil output after seven years and as a result could undermine long-term feedstock availability. ...On the upside, the petrochemicals industry is witnessing a recovery in sales volumes and declining feedstock prices. On the downside, declining upstream output puts in jeopardy the sector s long-term sustainability.

...Significant oil reserves, providing potentially inexpensive and abundant petrochemical feedstock. Improvements in security over the past decade, an increasingly investor-friendly business environment, and a more robust macroeconomic backdrop are encouraging increased levels of foreign investment. ...Significant oil reserves, providing potentially inexpensive and abundant petrochemical feedstock. Improvements in security over the past decade, an increasingly investor-friendly business environment, and a more robust macroeconomic backdrop are encouraging increased levels of foreign investment. Oil production has steadily risen in recent years and should experience additional growth throughout the forecast period. Significant polypropylene (PP) and polyvinyl chloride (PVC) capacities in regional terms. The workforce has some of the highest literacy rates in the region, and is considered highly qualified by Latin American standards.

...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. ...

...

  
Source:
Document ID
1749-2211
Country
Industry
Format:
PDF Adobe Acrobat
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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. "Colombia Petrochemicals Report 2016" Jan 16, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Petrochemicals-Report-2016-2026-682>
  
APA:
Business Monitor International - Industry Reports. (2016). Colombia Petrochemicals Report 2016 Jan 16, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Petrochemicals-Report-2016-2026-682>
  
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