Middle Eastern Petrochemical Industry 2006
Present status and future outlook of the petrochemical industries of 13 countries
Saudi Arabia, Kuwait, Qatar, UAE, Oman, Iran, Iraq, Israel, Turkey, Egypt, Libya, Algeria and Bahrain

Format: A4 size, 804 pages
On sale: Published in June 2006
Price: US$3,800
(per copy including delivery charges)
Language used in book: English
Tel. +81-3-5226-0736 Fax. +81-3-5226-0741
In recent times, Saudi Arabia and other Middle Eastern oil-producing nations have been seeking to diversify their industrial bases as they look to reduce their dependencies on crude oil exports. In this respect, the petrochemical industry in particular is viewed as having great potential due to the competitiveness of the region's abundant supply of low-cost feedstocks. The petrochemical industry has been pushing ahead with aggressive expansion, including investment of foreign capital in joint ventures, and its presence in the global petrochemical arena continues to grow year upon year.
Players in the global petrochemical industry needs to pay close attention to trends in the Middle Eastern petrochemical industry that directly influence it, while it is also beneficial even for those companies and organizations with indirect associations to closely monitor events. This report is a comprehensive update of our groundbreaking publication "Middle Eastern Petrochemical Industry 2003" report. Taking into detailed account the complex political and economic factors characteristic of the Middle Eastern region, a significant volume of the latest data as well as original information from the field has been added, and trends in the petrochemical industries of each Middle Eastern country's petrochemical industry have been compiled and analyzed.
Compared with when the report was published previously, the cost competitiveness of Middle Eastern gas-based petrochemicals has been significantly enhanced on account of sharply higher crude oil prices. Moreover, Iran and Qatar, who share a massive gas field in the natural gas-rich Arabian Gulf, are battling for supremacy in petrochemicals and this is spurring development of a series of petrochemical projects. In this revised edition, we have taken a detailed look at the construction boom in the petrochemical sector and analyzed the region's strong competitiveness.
The following information is provided in detail in "Middle Eastern Petrochemical Industry 2006."
* Outline, summary, and positioning of the Middle East's petrochemical industry
* Status and outlook of the petrochemical industries of 13 countries in the Middle East:
Saudi Arabia, Kuwait, Qatar, UAE, Oman, Iran, Iraq, Israel, Turkey, Egypt, Libya, Algeria, and Bahrain
* Chemical industry-related administrative organizations, systems, foreign investment incentives, investment circumstances, and country risk
* Details of petrochemical companies (in particular future plans)
* Production capacities for petrochemical products and balances of petrochemical products in complexes
* Status and outlook of supply and demand for petrochemical products (Middle Eastern and Asian countries)
* Cost competitiveness (comparison with Asian countries and U.S.)
* Status and prospects of petrochemical feedstocks (especially availabilities of feedstock gas)
* Status of European, American, and Japanese companies' activities in the Middle East
Since the previous report was published in 2003, our research team has spent three additional years undertaking further research and analysis. In addition to extensive experience regarding the Middle Eastern petrochemical industry and information collected through the course of our day-to-day work, we have undertaken numerous field trips to visit government offices, companies, and organizations in Middle Eastern countries, Japan, the U.S., and Europe, and through their cooperation we were able to obtain a large volume of valuable information. We feel sure that this publication on the Middle Eastern petrochemical industry, for which information is generally scarce, will prove to be very useful to you.
We will be happy if this report will help you understand and grasp the trends of the dynamic Middle Eastern petrochemical industry, and assist you in formulating suitable business strategies.
Those who, either directly or indirectly, are concerned with the petrochemical industry.
Petrochemical/chemical companies, banks, trading houses, distributors, etc.
Companies with plans to invest in the Middle East or who have operations in the Middle East.
Companies trading with the Middle East.
| 1.1 | Outline of the Middle East |
| 1.1.1 | Outline |
| 1.1.2 | Economy of the Middle East |
| 1.1.2.1 | Outline |
| 1.1.2.2 | National Budgets and Results |
| 1.1.2.3 | Economical and Regional Organizations in the Middle East |
| 1.1.2.4 | Privatization |
| 1.1.2.5 | World Trade Organization (WTO) Membership |
| 1.1.3 | Middle East Industrial Policies and Investment Environment |
| 1.1.3.1 | Industrial and Foreign Investment Policies |
| 1.1.3.2 | Petrochemical Investment Environments in Middle East Countries |
| 1.1.4 | Democratization in the Middle East |
| 1.2 | Status of Middle East Petrochemical Industry |
| 1.2.1 | Profile of Middle East Petrochemical Industry |
| 1.2.1.1 | Outline |
| 1.2.1.2 | Position of Petrochemical Industry in the Middle East |
| 1.2.1.3 | Locations of Petrochemical Plants in the Middle East |
| 1.2.1.4 | Ethylene Projects and Trends in Capacity in the Middle East and |
| Global Supply/Demand Balance | |
| 1.2.1.5 | Propylene Projects and Trends in Capacity in the Middle East and |
| Global Supply/Demand Balance | |
| 1.2.1.6 | Summary of Petchem Projects and Capacities in the Middle East |
| 1.2.2 | Country Profiles |
| 1.2.2.1 | Saudi Arabia |
| 1.2.2.2 | Qatar |
| 1.2.2.3 | Kuwait |
| 1.2.2.4 | UAE (United Arab Emirates) |
| 1.2.2.5 | Oman |
| 1.2.2.6 | Iran |
| 1.2.2.7 | Iraq |
| 1.2.2.8 | Israel |
| 1.2.2.9 | Turkey |
| 1.2.2.10 | Egypt |
| 1.2.2.11 | Libya |
| 1.2.2.12 | Algeria |
| 1.2.2.13 | Bahrain |
| 1.3 | Petrochemical Product Supply/Demand, Cost Competitiveness, and Pricing Trends |
| 1.3.1 | Supply/Demand Balances |
| 1.3.1.1 | Middle East Petrochemical Product Supply/Demand Balances |
| 1.3.1.2 | Petrochemical Product Supply/Demand Balances by Country |
| 1.3.2 | Cost Competitiveness |
| 1.3.2.1 | Calculation of Production Costs: Methodology and Primary Premises |
| 1.3.2.2 | Prices of Feedstocks for Petrochemicals |
| 1.3.2.3 | Cost Calculation Method |
| 1.3.2.4 | Production Cost and Comparison between Countries |
| 1.3.2.5 | Impact of Soaring Investment Capital |
| 1.3.3 | Pricing Trends |
| 1.4 | Oil and Natural Gas |
| 1.4.1 | Oil |
| 1.4.1.1 | History of Oil Exploration in the Middle East |
| 1.4.1.2 | Proved Oil Reserves and Oilfields |
| 1.4.1.3 | Production of and Demand for Oil |
| 1.4.1.4 | Market Price of Oil |
| 1.4.1.5 | Export/Import Trade of Oil |
| 1.4.1.6 | OPEC (Organization of Petroleum Exporting Countries) |
| 1.4.1.7 | State-Owned Oil Companies and Global Oil Majors |
| 1.4.2 | Natural Gas |
| 1.4.2.1 | Proved Reserves and Production of Natural Gas |
| 1.4.2.2 | LNG in the Middle East |
| 1.4.2.3 | Middle Eastern GTL Projects |
| 1.4.3 | Petrochemical Feedstock |
| 1.4.3.1 | Supply Situation of Petrochemical Feedstock in the World and the Middle East |
| 1.4.3.2 | Resources and Hydrocarbon Type of Petrochemical Feedstock |
| 1.4.3.3 | Separation of Ethane for Making Up of Petrochemical Feedstock |
| 1.4.3.4 | World Production of Ethane-Based Ethylene |
| 1.4.3.5 | Ethylene Production by Feedstock in Middle Eastern Countries |
| 1.4.3.6 | Market Price of Crude Oil, Natural Gas and Petrochemical Feedstock |
| 2.1 | Saudi Arabia - Outline and Economy |
| 2.1.1 | Outline of Saudi Arabia |
| 2.1.1.1 | Outline |
| 2.1.1.2 | Country, Population, and Cities |
| 2.1.1.3 | Government |
| 2.1.1.4 | History |
| 2.1.1.5 | Legal System |
| 2.1.1.6 | Society, Culture, and Religion |
| 2.1.1.7 | Infrastructure |
| 2.1.1.8 | Work Force, Unemployment Rate, and Saudization |
| 2.1.1.9 | Terrorism and Security Measures in Saudi Arabia |
| 2.1.2 | Saudi Arabia's Economy |
| 2.1.2.1 | Outline |
| 2.1.2.2 | Economic Policies |
| 2.1.2.3 | Public Finance |
| 2.1.2.4 | Oil Prices and National Economy |
| 2.1.2.5 | Trade and WTO Membership |
| 2.1.2.6 | Privatization (Activation of Private Sector) |
| 2.1.2.7 | Tax System |
| 2.1.2.8 | Industrial Policy and Foreign Investment Policy |
| 2.1.2.9 | Industrial Cities and Industrial Estates |
| 2.1.2.10 | Major Business and Investment Groups of Saudi Arabia |
| 2.2 | Petrochemical Industry |
| 2.2.1 | Chemical Industry |
| 2.2.1.1 | Outline of Chemical Industry |
| 2.2.1.2 | Chemical Industry Organizations |
| 2.2.1.3 | Saudi Basic Industries Corporation (SABIC) |
| 2.2.1.4 | Activities of Foreign Chemical Companies in Saudi Arabia |
| 2.2.2 | History of Saudi Arabia's Petrochemical Industry |
| 2.2.3 | Status of Saudi Arabia's Petrochemical Industry |
| 2.2.3.1 | Outline of Petrochemical Industry |
| 2.2.3.2 | Overview of Petrochemical Industry |
| 2.2.3.3 | Petrochemical Complex and Utility/Raw Material Costs |
| 2.2.3.4 | Production Capacities and Future Expansion Plans of Petrochemical Companies |
| 2.2.3.5 | Ethylene Balance of Petrochemical Complexes in Saudi Arabia |
| 2.2.3.6 | Propylene Balance in Petrochemicals Complexes in Saudi Arabia |
| 2.2.3.7 | Plastics Processing Industry |
| 2.2.4 | Details of Major Petrochemical Companies |
| 2.2.4.1 | Saudi Petrochemical Co. (SADAF) |
| 2.2.4.2 | Arabian Petrochemical Co. (PETROKEMYA) |
| 2.2.4.3 | Eastern Petrochemical Co. (SHARQ) |
| 2.2.4.4 | Al-Jubail Petrochemical Co. (KEMYA) |
| 2.2.4.5 | Saudi Yanbu Petrochemical Co. (YANPET) |
| 2.2.4.6 | Saudi Methanol Co. (AR-RAZI) |
| 2.2.4.7 | Saudi European Petrochemical Co. (IBN ZAHR) |
| 2.2.4.8 | National Plastic Co. (IBN-HAYYAN) (now PETROKEMYA)/IBN HAYYAN Plastic Products Co. (TAYF) |
| 2.2.4.9 | National Methanol Co. (IBN SINA) |
| 2.2.4.10 | Al-Jubail Fertilizer Co. (Al-Bayroni) |
| 2.2.4.11 | Arabian Industrial Fibers Co. (IBN RUSHD) |
| 2.2.4.12 | Saudi Chevron Phillips Co. (SCP)/Jubail Chevron Phillips (JCP)/National Chevron Phillips (NCP)/SIIG |
| 2.2.4.13 | Saudi Arabian Fertilizer Co. (SAFCO) |
| 2.2.4.14 | National Chemical Fertilizer Co. (IBN AL-BAYTAR) |
| 2.2.4.15 | Saudi Formaldehyde Chemical Co. (SFCC) |
| 2.2.4.16 | Arabian Chemical Co. (Latex) (LATEX) |
| 2.2.4.17 | National Industrial Gases Co. (GAS) |
| 2.2.4.18 | Arabian Industrial Development Co. (NAMA) |
| 2.2.4.18-1 | Arabian Alkali Co. (SODA) |
| 2.2.4.18-2 | Jubail Chemical Industries Co. (JANA) |
| 2.2.4.18-3 | Hassad Petrochemical Co. |
| 2.2.4.19 | National Industrialization Co. (NIC) (Tasnee) |
| 2.2.4.19-1 | NPIC (Tasnee Petrochemicals)/SPC/SEPC/TSOC |
| 2.2.4.20 | Al-Zamil Group |
| 2.2.4.20-1 | Saudi International Petrochemical Co. (Sipchem) |
| 2.2.4.20-2 | Sahara Petrochemical Co./Al-Waha |
| 2.2.4.20-3 | International Methanol Co. (IMC) |
| 2.2.4.20-4 | Gulf Advanced Chemical Industries Co. (GACIC) |
| 2.2.4.20-5 | Gulf Stabilizers Industries (GSI) |
| 2.2.4.20-6 | Arabian Amines Co. (AAC) |
| 2.2.4.20-7 | Saudi Carbon Co. |
| 2.2.4.21 | Jubail United Petrochemical Co. (JUPC) |
| 2.2.4.22 | Yanbu National Petrochemicals Co. (YanSab) |
| 2.2.4.23 | Rabigh Refining & Petrochemical Co. (Petro-Rabigh) |
| 2.2.4.24 | Alujain Corp./Xenel Industries/Alfasel/Teldene/NatPet |
| 2.2.4.25 | Saudi Kayan Petrochemical Co. /Kayan PC/PMD |
| 2.2.4.26 | National Polypropylene Co. (NPPC)/Advanced Polypropylene Co. (APPC) |
| 2.2.4.27 | Gulf Farabi Petrochemical Co. (GFPC) |
| 2.2.4.28 | Saudi Indo Petrochemical Co. (Sipco) |
| 2.2.4.29 | Integrated oil refinery/petrochemicals complex in Ras Tanura and Yanbu |
| 2.2.5 | Historical Petrochemicals Production Capacities and Forecasts |
| 2.2.5.1 | Ethylene |
| 2.2.5.2 | Propylene |
| 2.2.5.3 | Butadiene |
| 2.2.5.4 | Benzene |
| 2.2.5.5 | Para-Xylene (PX) |
| 2.2.5.6 | Ortho-Xylene (OX) |
| 2.2.5.7 | Mixed Xylenes |
| 2.2.5.8 | Butene-1/Linear a-Olefin (LAO) |
| 2.2.5.9 | Isobutylene |
| 2.2.5.10 | Cyclohexane |
| 2.2.5.11 | Cumene/Acetone/Phenol/BPA |
| 2.2.5.12 | EO/EG |
| 2.2.5.13 | Propylene Oxide (PO) |
| 2.2.5.14 | EB/SM |
| 2.2.5.15 | EDC |
| 2.2.5.16 | VCM |
| 2.2.5.17 | Methanol |
| 2.2.5.18 | Ethanol |
| 2.2.5.19 | Oxo Alcohols |
| 2.2.5.20 | Butanediol |
| 2.2.5.21 | Maleic Anhydride |
| 2.2.5.22 | Formaldehyde |
| 2.2.5.23 | MTBE/ETBE |
| 2.2.5.24 | Melamine |
| 2.2.5.25 | SB Latex |
| 2.2.5.26 | Epichlorohydrin (ECH) |
| 2.2.5.27 | Epoxy Resins |
| 2.2.5.28 | Acetic Acid/Vinyl Acetate (VAM) |
| 2.2.5.29 | Phthalic Anhydride |
| 2.2.5.30 | Dioctyl Phthalate (DOP) |
| 2.2.5.31 | Purified Terephthalic Acid (PTA) |
| 2.2.5.32 | Polyester (PET) |
| 2.2.5.33 | Polyethylene (PE) |
| 2.2.5.34 | Polypropylene (PP) |
| 2.2.5.35 | Polyvinyl Chloride (PVC) |
| 2.2.5.36 | Polystyrene (PS/EPS) |
| 2.2.5.37 | MF, UF Resins |
| 2.2.5.38 | Linear Alkylbenzene (LAB) |
| 2.2.5.39 | Ammonia |
| 2.2.5.40 | Urea |
| 2.3 | Saudi Arabian Petrochemical Product Supply/Demand |
| 2.3.1 | Saudi Arabia Petrochemical Product Supply/Demand Balance |
| 2.3.2 | Saudi Arabia's Petrochemical Product Supply/Demand |
| 2.3.2.1 | Ethylene |
| 2.3.2.2 | Propylene |
| 2.3.2.3 | Butadiene |
| 2.3.2.4 | Benzene |
| 2.3.2.5 | Para-Xylene |
| 2.3.2.6 | EO/EG |
| 2.3.2.7 | Styrene Monomer (SM) |
| 2.3.2.8 | EDC/VCM |
| 2.3.2.9 | 2-Ethyl Hexanol/DOP |
| 2.3.2.10 | Methanol/MTBE/Formaldehyde/Acetic Acid/Vinyl Acetate (VAM) |
| 2.3.2.11 | Other Chemical Intermediates |
| 2.3.2.12 | Synthetic Resins |
| 2.3.2.13 | PE |
| 2.3.2.14 | LD/LLDPE |
| 2.3.2.15 | HDPE |
| 2.3.2.16 | PP |
| 2.3.2.17 | PVC |
| 2.3.2.18 | PS/EPS |
| 2.3.2.19 | ABS/AS |
| 2.3.2.20 | PET Resin (including fiber grades) |
| 2.3.2.21 | Synthetic Rubbers |
| 2.3.2.22 | Synthetic Fibers |
| 2.4 | Oil and Natural Gas in Saudi Arabia |
| 2.4.1 | Oil- and Natural Gas-Related Policies and Organizations in Saudi Arabia |
| 2.4.1.1 | Oil and Gas Policies |
| 2.4.1.2 | Oil and Gas-Related Organizations |
| 2.4.2 | Oil and Gas Fields in Saudi Arabia |
| 2.4.3 | Supply/Demand of Crude Oil in Saudi Arabia and Forecasts |
| 2.4.3.1 | Supply/Demand of Crude Oil in Saudi Arabia |
| 2.4.3.2 | Pipelines |
| 2.4.4 | Saudi Arabia's Oil Refining Industry |
| 2.4.5 | Supply/Demand of Natural Gas in Saudi Arabia and Forecasts |
| 2.4.5.1 | Supply/Demand of Natural Gas in Saudi Arabia |
| 2.4.5.2 | Gas Processing Facilities and Gas Pipelines in Saudi Arabia (MGS) |
| 2.4.5.3 | Natural Gas Development Plans in Saudi Arabia |
| 2.4.6 | Potentiality of Procurement of Petrochemical Feedstocks in Saudi Arabia |
| 2.4.6.1 | Methane-Rich Gas |
| 2.4.6.2 | Ethane |
| 2.4.6.3 | LPG |
| 2.4.6.4 | NGL (Natural Gas Liquids) / Natural Gasoline |
| 2.4.6.5 | Prices of Feedstocks for Petrochemicals |
| 3.1 | Qatar - Outline and Economy |
| 3.1.1 | Outline of Qatar |
| 3.1.1.1 | Outline |
| 3.1.1.2 | Country and Population |
| 3.1.1.3 | Government |
| 3.1.1.4 | History, Foreign Affairs |
| 3.1.1.5 | Society and Culture |
| 3.1.2 | Qatar's Economy |
| 3.1.2.1 | Economy Outline |
| 3.1.2.2 | Public Finance |
| 3.1.2.3 | Trade |
| 3.1.2.4 | Taxation System |
| 3.1.2.5 | Industrial Policy and Privatization |
| 3.1.2.6 | Foreign Investment Legislation |
| 3.1.2.7 | Industrial Cities and Complexes |
| 3.2 | Qatar's Petrochemical Industry |
| 3.2.1 | Outline |
| 3.2.2 | Petrochemical-Related Organizations in Qatar |
| 3.2.2.1 | Ministry of Energy & Industry |
| 3.2.2.2 | Qatar Petroleum (QP) |
| 3.2.3 | Status and Projects of Qatar's Petrochemical Industry |
| 3.2.3.1 | Petrochemical Industry Status |
| 3.2.3.2 | Petrochemical Industry Outlook |
| 3.2.3.3 | Petrochemical Industry Overview |
| 3.2.3.4 | Petrochemical Product Balances within Petrochemical Complexes |
| 3.2.4 | Major Qatari Petrochemical Companies |
| 3.2.4.1 | Qatar Petroleum (QP) |
| 3.2.4.2 | Qatar Petrochemical Co. (QAPCO) |
| 3.2.4.3 | Qatar Chemical Co. (Q-Chem) |
| 3.2.4.4 | Qatar Vinyl Co. (QVC) |
| 3.2.4.5 | Qatar Fertilizers Co. (QAFCO) |
| 3.2.4.6 | Qatar Fuel Additives Co. (QAFAC) |
| 3.3 | Qatari Petrochemical Product Supply/Demand |
| 3.3.1 | Qatari Petrochemical Product Supply/Demand Balance |
| 3.3.2 | Qatari Petrochemical Product Supply/Demand |
| 3.3.2.1 | Ethylene |
| 3.3.2.2 | Benzene |
| 3.3.2.3 | EDC/VCM |
| 3.3.2.4 | Other Intermediate Chemical Products |
| 3.3.2.5 | Synthetic Resins |
| 3.4 | Qatar's Oil and Natural Gas |
| 3.4.1 | Oil- and Gas-Related Organizations in Qatar |
| 3.4.2 | Qatar's Oil and Natural Gas |
| 3.4.3 | Supply/Demand of Crude Oil in Qatar and Forecasts |
| 3.4.3.1 | Production |
| 3.4.3.2 | Exports, Imports |
| 3.4.4 | Qatar's Oil Refining Industry |
| 3.4.5 | Supply/Demand of Natural Gas in Qatar and Forecasts |
| 3.4.5.1 | Supply/Demand of Natural Gas in Qatar |
| 3.4.5.2 | LNG Projects |
| 3.4.5.3 | International Natural Gas / Pipeline in Qatar |
| 3.4.5.4 | GTL (Gas-to-Liquids) |
| 3.4.6 | Petrochemical Feedstocks in Qatar |
| 3.4.6.1 | Natural Gas Processing Facilities and Development Plan |
| 3.4.6.2 | Supply and Demand for Ethane |
| 4.1 | Kuwait - Outline and Economy |
| 4.1.1 | Outline of Kuwait |
| 4.1.1.1 | Outline |
| 4.1.1.2 | Country and Population |
| 4.1.1.3 | History |
| 4.1.1.4 | Government and National Assembly |
| 4.1.1.5 | Society and Culture |
| 4.1.2 | Kuwait's Economy |
| 4.1.2.1 | Characteristics of Kuwait's Economy |
| 4.1.2.2 | Public Finance |
| 4.1.2.3 | Privatization |
| 4.1.2.4 | Tax System |
| 4.1.2.5 | Industrial Policy and Foreign Investment Policy |
| 4.1.2.6 | Industrial Areas |
| 4.1.2.7 | Economic and Technical Assistance for Kuwait |
| 4.2 | Kuwait's Petrochemical Industry |
| 4.2.1 | Outline |
| 4.2.2 | Petrochemical-Related Organizations in Kuwait |
| 4.2.2.1 | Ministry of Energy |
| 4.2.2.2 | Kuwait Petroleum Corporation (KPC) |
| 4.2.3 | Status and Projects of Kuwait's Petrochemical Industry |
| 4.2.3.1 | Profile of Petrochemical Industry |
| 4.2.3.2 | Petrochemical Projects |
| 4.2.4 | Major Kuwaiti Petrochemical Companies |
| 4.2.4.1 | Petrochemical Industries Co. (PIC) |
| 4.2.4.2 | Equate Petrochemical Co. (EQUATE) |
| 4.3 | Kuwaiti Petrochemical Product Supply/Demand |
| 4.3.1 | Kuwaiti Petrochemical Product Supply/Demand Balance |
| 4.3.2 | Kuwaiti Petrochemical Product Supply/Demand Trends |
| 4.3.2.1 | Ethylene |
| 4.3.2.2 | Propylene |
| 4.3.2.3 | Benzene |
| 4.3.2.4 | p-Xylene |
| 4.3.2.5 | Intermediate Chemical Products |
| 4.3.2.6 | Synthetic Resins |
| 4.4 | Kuwait's Oil and Natural Gas |
| 4.4.1 | Oil- and Gas-Related Organizations in Kuwait |
| 4.4.2 | Oil and Natural Gas Development in Kuwait |
| 4.4.3 | Supply/Demand of Crude Oil in Kuwait and Forecasts |
| 4.4.4 | Kuwait's Oil Refining Industry |
| 4.4.5 | Supply/Demand of Natural Gas in Kuwait and Forecasts |
| 4.4.6 | Petrochemical Feedstock in Kuwait |
| 4.4.6.1 | State of Natural Gas Processing Facilities and Development Projects |
| 4.4.6.2 | Ethane Supply/Demand |
| 5.1 | UAE - Outline and Economy |
| 5.1.1 | Outline of UAE |
| 5.1.1.1 | Outline |
| 5.1.1.2 | Country and Population |
| 5.1.1.3 | Government, Legislation, and Federal System |
| 5.1.1.4 | History |
| 5.1.1.5 | Profiles of the Main Emirates |
| 5.1.2 | The UAE's Economy |
| 5.1.2.1 | Status of the UAE's Economy |
| 5.1.2.2 | Public Finance |
| 5.1.2.3 | Trade |
| 5.1.2.4 | Privatization |
| 5.1.2.5 | Tax System |
| 5.1.2.6 | Industrial Policy and Foreign Investment Policy |
| 5.1.2.7 | Industrial City and Free Trade Zone |
| 5.2 | The UAE's Petrochemical Industry |
| 5.2.1 | Outline |
| 5.2.2 | Petrochemical-Related Organizations in the UAE |
| 5.2.2.1 | Outline |
| 5.2.2.2 | Supreme Petroleum Council (SPC) |
| 5.2.2.3 | UOG (UAE Offset Group) |
| 5.2.2.4 | Abu Dhabi National Oil Co. (ADNOC) |
| 5.2.3 | Status and Projects of the UAE's Petrochemical Industry |
| 5.2.3.1 | Petrochemical Product Production Capacities and Forecasts |
| 5.2.3.2 | Petrochemical Projects |
| 5.2.4 | Major Petrochemical-Related Companies of UAE |
| 5.2.4.1 | Abu Dhabi National Oil Co. (ADNOC) |
| 5.2.4.2 | Abu Dhabi Polymers Co., Ltd. (Borouge) |
| 5.2.4.3 | Ruwais Fertilizer Industries (FERTIL) |
| 5.2.4.4 | Abu Dhabi Oil Refining Co. (TAKREER) |
| 5.2.4.5 | Dubai Natural Gas Co., Ltd. (DUGAS) |
| 5.3 | Supply/Demand of Petrochemicals in the UAE |
| 5.3.1 | Supply/Demand Balance of Petrochemicals in the UAE |
| 5.3.2 | Supply/Demand Trend of Petrochemicals in the UAE |
| 5.3.2.1 | Ethylene |
| 5.3.2.2 | Propylene |
| 5.3.2.3 | Benzene |
| 5.3.2.4 | Intermediate Chemical Products |
| 5.3.2.5 | Synthetic Resins |
| 5.4 | The UAE's Oil and Natural Gas |
| 5.4.1 | Oil- and Natural Gas-Related Organizations in the UAE |
| 5.4.2 | Oil and Gas Fields in the UAE |
| 5.4.3 | Supply/Demand of Crude Oil in the UAE and Forecasts |
| 5.4.4 | The UAE's Oil Refining Industry |
| 5.4.5 | Supply/Demand of Natural Gas in the UAE and Forecasts |
| 5.4.5.1 | Supply/Demand of Natural Gas in the UAE |
| 5.4.5.2 | LNG Export |
| 5.4.5.3 | Import/Export of Natural Gas through Pipeline |
| 5.4.6 | Petrochemical Feedstocks of UAE |
| 5.4.7 | Major Oil-Related Companies of UAE |
| 5.4.7.1 | Ruwais Refinery |
| 5.4.7.2 | Abu Dhabi Oil Co., Ltd (ADOC) |
| 5.4.7.3 | Japan Oil Development Co., Ltd (JODCO |
| 6.1 | Oman - Outline and Economy |
| 6.1.1 | Outline of Oman |
| 6.1.1.1 | Outline |
| 6.1.1.2 | Country and Population |
| 6.1.1.3 | Politics and Foreign Affairs |
| 6.1.1.4 | History |
| 6.1.1.5 | Society and Culture |
| 6.1.2 | Economy |
| 6.1.2.1 | Status of Oman's Economy |
| 6.1.2.2 | Public Finance |
| 6.1.2.3 | Trade |
| 6.1.2.4 | Tax System |
| 6.1.2.5 | Industrial Policy and Foreign Investment Policy |
| 6.1.2.6 | Development Projects |
| 6.1.2.7 | Industrial Estates |
| 6.2 | Oman's Petrochemical Industry |
| 6.2.1 | Status and Projects of Oman's Petrochemical Industry |
| 6.2.2 | Petrochemical Industry-Related Organizations |
| 6.3 | Oil and Natural Gas in Oman |
| 6.3.1 | Oman's Oil- and Natural Gas-Related Organizations |
| 6.3.2 | Crude Oil and Natural Gas in Oman |
| 6.3.3 | Supply/Demand of Crude Oil in Oman and Forecasts |
| 6.3.4 | Oman's Oil Refining Industry |
| 6.3.5 | Supply/Demand of Natural Gas in Oman and Forecasts |
| 6.3.5.1 | Supply/Demand of Natural Gas in Oman |
| 6.3.5.2 | LNG |
| 6.3.5.3 | Pipeline |
| 6.3.6 | Petrochemical Feedstock in Oman |
| 6.3.6.1 | Natural Gas Processing Facilities and Development Projects |
| 6.3.6.2 | Ethane Supply/Demand |
| 7.1 | Iran - Outline and Economy |
| 7.1.1 | Outline of Iran |
| 7.1.1.1 | Outline |
| 7.1.1.2 | Country and Population |
| 7.1.1.3 | Government and Legal System |
| 7.1.1.4 | History |
| 7.1.1.5 | Society and Culture |
| 7.1.2 | Iran's Economy |
| 7.1.2.1 | Outline |
| 7.1.2.2 | Economy |
| 7.1.2.3 | Export and Investment Restrictions for Iran |
| 7.1.2.4 | Development Plans |
| 7.1.2.5 | Industrial and Foreign Investment Policies |
| 7.1.2.6 | Free Trade Zones and Special Economic Zones |
| 7.2 | Iran's Petrochemical Industry |
| 7.2.1 | Outline of Iran's Petrochemical Industry |
| 7.2.1.1 | Outline |
| 7.2.1.2 | History of Iran's Petrochemical Industry |
| 7.2.2 | Petrochemical Industry-Related Organizations in Iran |
| 7.2.2.1 | Ministry of Petroleum, National Iranian Oil Company |
| 7.2.2.2 | National Petrochemical Co. (NPC) |
| 7.2.3 | Status of Iran's Petrochemical Industry |
| 7.2.3.1 | Petrochemical Production Capacity |
| 7.2.3.2 | Bandar Imam Special District's Petrochemical Production Capacity |
| 7.2.4 | Petrochemical Development Plans |
| 7.2.4.1 | Outline |
| 7.2.4.2 | Development Plans in the Bandar Imam Special Petrochemical Zone |
| 7.2.4.3 | Petrochemical Development Plans in the Pars Special Economic/Energy Zone |
| 7.2.4.4 | Petrochemical Development Projects in Other Regions |
| 7.2.4.5 | Delays in Construction Work |
| 7.2.4.6 | Petrochemical Production Capacity Forecasts |
| 7.2.5 | Major Iranian Petrochemical-related Companies |
| 7.2.5.1 | Bandar Imam Petrochemical Co. (BIPC) |
| 7.2.5.2 | Esfahan Petrochemical Co. (EPC) |
| 7.2.5.3 | Arak Petrochemical Co. (ARPC) |
| 7.2.5.4 | Tabriz Petrochemical Co. (TPC) |
| 7.2.5.5 | Shiraz Petrochemical Co. (SPC) |
| 7.2.5.6 | Razi Petrochemical Co. (RPC) |
| 7.2.5.7 | Farabi Petrochemical Co. (FPC) |
| 7.2.5.8 | Other Main Petrochemical-Related Companies |
| 7.3 | Iranian Petrochemical Product Supply/Demand |
| 7.3.1 | Iranian Petrochemical Product Supply/Demand Balance |
| 7.3.2 | Iranian Petrochemical Product Supply/Demand |
| 7.3.2.1 | Ethylene |
| 7.3.2.2 | Propylene |
| 7.3.2.3 | Butadiene |
| 7.3.2.4 | Benzene |
| 7.3.2.5 | p-Xylene |
| 7.3.2.6 | EO/EG |
| 7.3.2.7 | Styrene Monomer (SM) |
| 7.3.2.8 | EDC/VCM |
| 7.3.2.9 | Methanol/MTBE/Acetic Acid/Vinyl Acetate (VAM) |
| 7.3.2.10 | Other Intermediate Chemicals |
| 7.3.2.11 | Synthetic Resins |
| 7.3.2.12 | Synthetic Rubbers |
| 7.3.2.13 | Synthetic Fibers |
| 7.4 | Iran's Oil and Natural Gas |
| 7.4.1 | Oil- and Gas-Related Organizations in Iran |
| 7.4.1.1 | Oil and Gas Policies |
| 7.4.1.2 | Organizations |
| 7.4.2 | Crude Oil and Natural Gas in Iran |
| 7.4.3 | Supply/Demand and Forecasts of Crude Oil in Iran |
| 7.4.3.1 | Production |
| 7.4.3.2 | Imports and Exports |
| 7.4.3.3 | Development of Iran's Oilfields |
| 7.4.4 | Iran's Oil Refining Industry |
| 7.4.5 | Supply/Demand and Forecasts of Natural Gas in Iran |
| 7.4.5.1 | Supply/Demand of Natural Gas in Iran |
| 7.4.5.2 | Domestic Gas Pipelines |
| 7.4.5.3 | International Gas Pipelines |
| 7.4.5.4 | LNG |
| 7.4.5.5 | Gas-to-Liquids (GTL) |
| 7.4.6 | Petrochemical Feedstock in Iran |
| 7.4.6.1 | Natural Gas Processing Facilities & Development Plans |
| 7.4.6.2 | Supply/Demand of Ethane |
| 8.1 | Iraq - Outline and Economy |
| 8.1.1 | Outline of Iraq |
| 8.1.1.1 | Outline |
| 8.1.1.2 | Country, Society and Culture |
| 8.1.1.3 | Government and Law |
| 8.1.1.4 | History |
| 8.1.2 | Iraq's Economy |
| 8.1.2.1 | Status of Iraq's Economy |
| 8.2 | Iraq's Petrochemical Industry |
| 8.2.1 | Outline of Iraq's Petrochemical Industry |
| 8.2.1.1 | Outline |
| 8.2.1.2 | Development of Petrochemical Industry |
| 8.2.2 | Petrochemical-Related Organizations in Iraq |
| 8.2.2.1 | Ministry of Industry and Minerals |
| 8.2.2.2 | Ministry of Oil |
| 8.2.3 | Status and Projects of Iraq's Petrochemical Industry |
| 8.2.3.1 | Overview of Petrochemical Industry |
| 8.2.3.2 | Petrochemical Complexes |
| 8.2.3.3 | Historical Production Capacities and Forecasts for Petrochemical Products |
| 8.2.3.4 | Post-War Reconstruction of Iraq's Petrochemical Industry |
| 8.3 | Iraq's Oil and Natural Gas |
| 8.3.1 | Oil- and Gas-Related Organizations in Iraq |
| 8.3.1.1 | Oil and Gas Policies |
| 8.3.1.2 | Organizations |
| 8.3.2 | Oil and Natural Gas Development |
| 8.3.3 | Supply/Demand of Crude Oil in Iraq and Forecasts |
| 8.3.4 | Iraq's Oil Refining Industry |
| 8.3.4.1 | Refinery Locations and Oil Refining Capacity |
| 8.3.4.2 | Production and Consumption of Petroleum Products |
| 8.3.5 | Supply/Demand of Natural Gas in Iraq and Forecasts |
| 9.1 | Israel - Outline and Economy |
| 9.1.1 | Outline of Israel |
| 9.1.1.1 | Outline |
| 9.1.1.2 | Country and Population |
| 9.1.1.3 | Government and Legislation |
| 9.1.1.4 | History |
| 9.1.1.5 | Society and Culture |
| 9.1.2 | Israel's Economy |
| 9.1.2.1 | Outline |
| 9.1.2.2 | Public Finance |
| 9.1.2.3 | Trade |
| 9.1.2.4 | Industrial and Foreign Investment Policies |
| 9.2 | Israel's Petrochemical Industry |
| 9.2.1 | Outline of Israel's Petrochemical Industry |
| 9.2.1.1 | Outline |
| 9.2.1.2 | Development of Israel's Petrochemical Industry |
| 9.2.2 | Petrochemical-Related Organizations in Israel |
| 9.2.3 | Status and Projects of Israel's Petrochemical Industry |
| 9.2.3.1 | Overview of Petrochemical Industry |
| 9.2.3.2 | Petrochemical Complexes |
| 9.2.3.3 | Petrochemical Product Production Capacities and Forecasts |
| 9.2.4 | Major Israeli Petrochemical Companies |
| 9.3 | Israel's Oil and Natural Gas |
| 9.3.1 | Supply/Demand of Crude Oil in Israel and Forecasts |
| 9.3.2 | Israel's Oil Refining Industry |
| 9.3.3 | Supply/Demand of Natural Gas in Israel and Forecasts |
| 10.1 | Turkey - Outline and Economy |
| 10.1.1 | Outline of Turkey |
| 10.1.1.1 | Outline |
| 10.1.1.2 | Country and Population |
| 10.1.1.3 | Government and Law |
| 10.1.1.4 | History |
| 10.1.1.5 | Society and Culture |
| 10.1.2 | Turkey's Economy |
| 10.1.2.1 | Status of Turkey's Economy |
| 10.1.2.2 | Public Finance |
| 10.1.2.3 | Trade |
| 10.1.2.4 | Industrial and Foreign Investment Policies |
| 10.1.2.5 | Privatization |
| 10.2 | Turkey's Petrochemical Industry |
| 10.2.1 | Outline of Turkey's Petrochemical Industry |
| 10.2.2 | Petrochemical-Related Organizations in Turkey |
| 10.2.3 | Status and Projects of Turkey's Petrochemical Industry |
| 10.2.3.1 | Overview of Petrochemical Industry |
| 10.2.3.2 | Petrochemical Complexes |
| 10.2.3.3 | Historical Production Capacities and Forecasts for Petrochemical Products |
| 10.2.4 | Major Turkish Petrochemical Companies |
| 10.3 | Turkey's Oil and Natural Gas |
| 10.3.1 | Oil- and Gas-Related Organizations in Turkey |
| 10.3.2 | Oil and Natural Gas Development in Turkey |
| 10.3.3 | Supply/Demand of Crude Oil in Turkey and Forecasts |
| 10.3.4 | Turkey's Oil Refining Industry |
| 10.3.5 | Supply/Demand of Natural Gas in Turkey and Forecasts |
| 10.3.6 | Major Oil and Gas Companies in Turkey |
| 11.1 | Egypt - Outline and Economy |
| 11.1.1 | Outline of Egypt |
| 11.1.1.1 | Outline |
| 11.1.1.2 | Country and Population |
| 11.1.1.3 | Government |
| 11.1.1.4 | History |
| 11.1.1.5 | Society and Culture |
| 11.1.2 | Egypt's Economy |
| 11.1.2.1 | Outline |
| 11.1.2.2 | Public Finance |
| 11.1.2.3 | Trade |
| 11.1.2.4 | Privatization |
| 11.1.2.5 | Industrial Policy and Foreign Investment Policy |
| 11.2 | Egypt's Petrochemical Industry |
| 11.2.1 | Outline of Egypt's Petrochemical Industry |
| 11.2.1.1 | Outline |
| 11.2.1.2 | Development of Petrochemical Industry |
| 11.2.2 | Petrochemical-Related Organizations in Egypt |
| 11.2.3 | Status and Projects of Egypt's Petrochemical Industry |
| 11.2.3.1 | Petrochemical Industry Overview |
| 11.2.3.2 | Petrochemical Projects |
| 11.2.3.3 | Petrochemical Complexes |
| 11.2.3.4 | Petrochemical Product Production Capacities and Forecasts |
| 11.2.4 | Major Egyptian Petrochemical Companies |
| 11.3 | Egypt's Oil & Natural Gas |
| 11.3.1 | Oil- and Gas-Related Organizations in Egypt |
| 11.3.2 | Oil and Natural Gas Development in Egypt |
| 11.3.3 | Supply/Demand of Crude Oil in Egypt and Forecasts |
| 11.3.4 | Egypt's Oil Refining Industry |
| 11.3.5 | Supply/Demand of Natural Gas in Egypt and Forecasts |
| 12.1 | Libya - Outline and Economy |
| 12.1.1 | Outline of Libya |
| 12.1.1.1 | Outline |
| 12.1.1.2 | Country and Population |
| 12.1.1.3 | History |
| 12.1.2 | Libya's Economy |
| 12.1.2.1 | Outline |
| 12.1.2.2 | Trade |
| 12.2 | Libya's Petrochemical Industry |
| 12.2.1 | Outline of Libya's Petrochemical Industry |
| 12.2.1.1 | Outline |
| 12.2.1.2 | Development of Libya's Petrochemical Industry |
| 12.2.2 | Petrochemical-Related Organizations in Libya |
| 12.2.3 | Status and Projects of Libya's Petrochemical Industry |
| 12.2.3.1 | Overview of Petrochemical Industry |
| 12.2.3.2 | Petrochemical Complexes |
| 12.2.3.3 | Petrochemical Product Production Capacities and Forecasts |
| 12.2.4 | Major Libyan Petrochemical Companies |
| 12.3 | Libya's Oil and Natural Gas |
| 12.3.1 | Oil- and Gas-Related Organizations in Libya |
| 12.3.2 | Oil and Natural Gas Development in Libya |
| 12.3.3 | Supply/Demand of Crude Oil in Libya and Forecasts |
| 12.3.4 | Libya's Oil Refining Industry |
| 12.3.4.1 | Refinery Locations and Petroleum Refining Capacities |
| 12.3.4.2 | Petroleum Product Consumption Trends |
| 12.3.5 | Supply/Demand of Natural Gas in Libya and Forecasts |
| 13.1 | Algeria - Outline and Economy |
| 13.1.1 | Outline of Algeria |
| 13.1.1.1 | Outline |
| 13.1.1.2 | Country and Population |
| 13.1.1.3 | History |
| 13.1.2 | Algeria's Economy |
| 13.1.2.1 | Outline |
| 13.1.2.2 | Trade |
| 13.2 | Algeria's Petrochemical Industry |
| 13.2.1 | Outline of Algeria's Petrochemical Industry |
| 13.2.1.1 | Outline |
| 13.2.1.2 | Development of Petrochemical Industry |
| 13.2.2 | Petrochemical-Related Organizations in Algeria |
| 13.2.3 | Status and Projects of Algeria's Petrochemical Industry |
| 13.2.3.1 | Petrochemical Industry Overview |
| 13.2.3.2 | Petrochemical Complexes |
| 13.2.3.3 | Petrochemical Product Production Capacities and Forecasts |
| 13.2.4 | Major Algerian Petrochemical Companies |
| 13.2.4.1 | Sonatrach |
| 13.2.4.2 | ENIP (Societe National de la Petrochemie) |
| 13.2.4.3 | NAFTEC (Societe Nationale de Raffinage de Petrole) |
| 13.2.4.4 | Polymed (Societe Mediterraneenne des Polymeres) |
| 13.2.4.5 | ASMIDAL |
| 13.3 | Algeria's Oil & Natural Gas |
| 13.3.1 | Algeria's Oil & Natural Gas Policies/Organizations |
| 13.3.1.1 | Oil & Natural Gas Policies |
| 13.3.1.2 | Organizations |
| 13.3.2 | Oil and Natural Gas Development in Algeria |
| 13.3.3 | Supply/Demand of Crude Oil in Algeria and Forecasts |
| 13.3.4 | Algeria's Oil Refining Industry |
| 13.3.4.1 | Oil Refinery Locations and Capacities |
| 13.3.4.2 | Petroleum Product Production and Consumption |
| 13.3.5 | Supply/Demand of Natural Gas in Algeria and Forecasts |
| 14.1 | Bahrain - Outline and Economy |
| 14.1.1 | Outline of Bahrain |
| 14.1.1.1 | Outline |
| 14.1.1.2 | Country and Population |
| 14.1.1.3 | Government |
| 14.1.1.4 | History, Society and Culture |
| 14.1.2 | Economy |
| 14.1.2.1 | Outline of Bahrain's Economy |
| 14.1.2.2 | Public Finances |
| 14.1.2.3 | Trade |
| 14.1.2.4 | Industrial Policy and Foreign Investment Policies |
| 14.1.2.5 | Main Industries |
| 14.2 | Bahrain's Petrochemical Industry |
| 14.2.1 | Bahrain's Petrochemical Organizations |
| 14.2.2 | Current State and Projects of Bahrain's Petrochemical Industry |
| 14.3 | Bahrain's Oil and Natural Gas |
| 14.3.1 | Bahrain's Oil and Natural Gas Organizations |
| 14.3.2 | Oil and Natural Gas Status and Development in Bahrain |
| 15.1 | Middle Eastern Petrochemical Product Supply/Demand |
| 15.1.1 | Middle Eastern Petrochemical Product Supply/Demand Balance |
| 15.1.2 | Middle Eastern Petrochemical Product Supply/Demand |
| 15.1.2.1 | Ethylene |
| 15.1.2.2 | Propylene |
| 15.1.2.3 | Butadiene |
| 15.1.2.4 | Benzene |
| 15.1.2.5 | Para-Xylene |
| 15.1.2.6 | EO/EG |
| 15.1.2.7 | Styrene Monomer (SM) |
| 15.1.2.8 | EDC/VCM |
| 15.1.2.9 | Other Intermediate Chemicals |
| 15.1.2.10 | Synthetic Resins |
| 15.1.2.11 | PE |
| 15.1.2.12 | LD/LLDPE |
| 15.1.2.13 | HDPE |
| 15.1.2.14 | PP |
| 15.1.2.15 | PVC |
| 15.1.2.16 | PS/EPS |
| 15.1.2.17 | ABS/AS |
| 15.1.2.18 | PET Resin/UF, MF Resins |
| 15.1.2.19 | Synthetic Rubbers |
| 15.1.2.20 | Synthetic Fibers |
| 15.2 | Market Trends in Export Destinations for Middle Eastern Petrochemical Products |
| 15.2.1 | Southeast Asia Petrochemical Product Supply/Demand Balance Forecasts |
| 15.2.1.1 | Southeast Asia |
| 15.2.1.2 | Indonesia |
| 15.2.1.3 | Malaysia |
| 15.2.1.4 | Singapore |
| 15.2.1.5 | Thailand |
| 15.2.1.6 | Philippines |
| 15.2.1.7 | Vietnam |
| 15.2.2 | East Asian Petrochemical Product Supply/Demand Balance Forecast |
| 15.2.2.1 | Japan |
| 15.2.2.2 | South Korea |
| 15.2.2.3 | Taiwan |
| 15.2.2.4 | China |
| 15.3 | Middle East Petrochemical Product Export Forecast |
| 15.3.1 | Assumptions for Petrochemical Product Export Forecasts |
| 15.3.2 | Petrochemical Product Export Forecasts |
| 15.3.2.1 | Ethylene |
| 15.3.2.2 | Para-Xylene |
| 15.3.2.3 | Ethylene Glycol (EG) |
| 15.3.2.4 | Styrene Monomer (SM) |
| 15.3.2.5 | Methanol |
| 15.3.2.6 | LD/LLDPE |
| 15.3.2.7 | High-Density Polyethylene (HDPE) |
| 15.3.2.8 | Polypropylene (PP) |
| 16.1 | Comparison of Cost Competitiveness |
| 16.2 | Basic Assumptions of the Production Cost Calculations |
| 16.2.1 | Plant Completion and Production Capacity (base case) |
| 16.2.2 | Sensitivity Analysis: Soaring Capital Investment in the Middle East |
| 16.2.3 | Selection of Ethylene Feedstock |
| 16.2.4 | Crude Oil Market Price |
| 16.2.5 | Feedstock Price: Ethane, Propane, Naphtha, etc. |
| 16.2.6 | Co-product Cost Sharing and By-Product Crediting |
| 16.2.7 | Derivative Products Cost Calculation Structure |
| 16.2.8 | Production Cost Components |
| 16.3 | Summary of the Calculated Production Cost and Competitiveness Study |
| 16.3.1 | Production Cost of Ethylene |
| 16.3.2 | MEG Production Costs |
| 16.3.3 | LLDPE Production Costs |
| 16.3.4 | Propylene and PP Production Costs |
| 16.3.5 | Impact of Soaring Plant Costs in Middle Eastern Countries |
| 16.3.6 | Correlation between Production Cost and Market Price |