Middle Eastern Petrochemical Industry 2009
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

Middle Eastern Petrochemical Industry 2009

Middle Eastern Petrochemical Industry 2009

Format: A4 size, 845 pages

On sale: Published in Dec 2008

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"Middle Eastern Petrochemical Industry 2009"
-New Plant Boom and Competitiveness amid Turbulent Era-

 In recent years, Saudi Arabia and its fellow Middle Eastern oil-producing nations have been trying to diversify their industrial structures as they seek to reduce their dependencies on oil exports. In this respect, high hopes are held for the petrochemical industry in particular due to the competitiveness of the region's abundant supply of low-cost feedstocks. The petrochemical industry has been pushing forward with aggressive expansion that has included foreign investment in joint ventures, and its presence in the global petrochemical arena continues to grow year by year.

 

 Trends in the Middle Eastern petrochemical industry that have a major and direct influence on the global industry should be paid close attention to by companies and organizations either directly or indirectly associated with the petrochemical industry. This report is a comprehensive expansion and update of our well-received publication "Middle Eastern Petrochemical Industry 2006" report. Taking into account the complex economic factors characteristic of the Middle Eastern region, a significant volume of the latest data and original information from the field has been added, and trends in the petrochemical industries of each Middle Eastern country 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, and while this has given impetus to a concentrated spurt in terms of project realization, this has also itself led to effects appearing resulting from skyrocketing construction costs.


In addition, moves to diversify product mixes through a shift to naphtha-based petrochemicals are becoming apparent. Furthermore, we have investigated the details of individual projects in order to analyze the status of the so-called "2008 Issue," when numerous plants were scheduled for completion. In the current revision, we have also undertaken a thorough analysis of the status of the plant start-up boom and the overwhelming competitiveness of these plants. Furthermore, we also touch on issues such as project delays due to the effects of the global financial crisis and plummeting crude oil and petrochemical prices since the latter half of the 2008.

 

 The following information is provided in detail in "Middle Eastern Petrochemical Industry 2009."

*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 administrative organizations, systems, foreign investment incentives, investment, environment, and country risk
*Details of petrochemical enterprises (especially construction of new plants and 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 (effects of feedstock and construction costs; comparison with Asian countries and U.S.)
*Status and prospects of petrochemical feedstocks (especially availabilities of feedstock gases such as
ethane)
*Status of European, American, and Japanese, and other Asian companies' activities in the Middle East

 

 Since the most recent updated report was published in 2006, our research team has spent about three more 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, about 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.

Who should consider purchasing?

  • 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.

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Contents outline

Chapter 1 Overview of 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
    1.1.5 Country Risk 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
Chapter 2 Saudi Arabia - Petroleum and Petrochemicals
  • 　　
    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 Development of Industrial Clusters (NICDP)
    2.1.2.10 Industrial Cities and Industrial Estates
    2.1.2.11 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 Saudi Aramco Petrochemical Project
    2.2.1.5 Activities of Foreign Chemical Companies in Saudi Arabia
    2.2.1.6 Listed Petrochemical Companies
    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
    2.2.3.8 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 Methanol Chemicals Co. (Chemanol)
    2.2.4.16 Yanbu National Petrochemicals Co. (YanSab)
    2.2.4.17 Rabigh Refining & Petrochemical Co. (Petro Rabigh)
    2.2.4.18 Saudi Kayan Petrochemical Co. (SAUDI KAYAN)
    2.2.4.19 National Industrialization Co. (NIC) (Tasnee)
    2.2.4.19-2 Saudi Polyolefins Co. (SPC)
    2.2.4.19-3 SEPC (Saudi Ethylene & Polyethylene Co.)/TSOC (Tasnee & Sahara Olefins Co.)
    2.2.4.19-4 Saudi Acrylic Monomer Co.
    2.2.4.19-5 Cristal (The National Titanium Dioxide Co.)
    2.2.4.20 Al-Zamil Group
    2.2.4.20-2 Saudi International Petrochemical Co. (Sipchem)
    2.2.4.20-3 Sahara Petrochemical Co.
    2.2.4.20-4 International Methanol Co. (IMC)
    2.2.4.20-5 International Diol Co. (IDC)
    2.2.4.20-6 Gulf Stabilizers Industries (GSI)
    2.2.4.20-7 Al-Waha Petrochemical Co.
    2.2.4.20-8 Arabian Amines Co. (AAC)
    2.2.4.20-9 International Acetyl Co. (IAC)/International Vinyl Acetate Co. (IVAC)/United Industrial Gases Co. (UIGC)
    2.2.4.21 NAMA Chemicals Co./SODA/JANA/Hassad
    2.2.4.22 Arabian Chemical Co. (Latex) Ltd. (LATEX)
    2.2.4.23 National Polypropylene Co. (NPPC)/Advanced Polypropylene Co. (APPC)
    2.2.4.24 NATPET (National Petrochemical Industrial Co.)/Alujain Corp./Xenel Ind.
    2.2.4.25 National Industrial Gases Co. (GAS)
    2.2.4.26 IBN HAYYAN Plastic Products Co. (TAYF)
    2.2.4.27 Gulf Farabi Petrochemical Co. (GFPC)
    2.2.4.28 Saudi Arabian Mining Co. (Maaden)/Maaden Phosphate Co.
    2.2.4.29 Osos Petrochemicals Co.
    2.2.4.30 Yanbu International Polyurethane Co.
    2.2.4.31 Ras Tanura Integrated PJ (RTIP) (Saudi Aramco/Dow Chemical JV)
    2.2.4.32 Jubail Refining and Petrochemical Co. (JRPC) (Saudi Aramco/Total JV)
    2.2.4.33 Oil refinery/petrochemicals complex at 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
    2.4.1Oil- and Natural Gas-Related Policies and Organizations
    2.4.1.1Oil and Gas Policies
    2.4.1.2Oil and Gas-Related Organizations
    2.4.2Oil and Gas Fields in Saudi Arabia
    2.4.2.1Existing Oil and Gas Fields
    2.4.2.2Saudi Arabia's Crude Oil Production Capacity Expansion
    2.4.3Supply/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
    2.4.4Saudi Arabia's Oil Refining Industry, New Projects, and Expansions
    2.4.4.1 Ras Tanura Refinery
    2.4.4.2 Jeddah Refinery
    2.4.4.3 Riyadh Refinery
    2.4.4.4 Yanbu Refinery (Saudi Aramco)
    2.4.4.5 Rabigh Refinery (Saudi Aramco-Sumitomo Chemical Co.)
    2.4.4.6 SASREF (Saudi Aramco-Shell Refining Co.)
    2.4.4.7 SAMREF (Saudi Aramco-Mobil Refinery Co.)
    2.4.4.8 Khafji Refinery
    2.4.4.9 Jubail Project for New Export Refinery (Saudi Aramco/Total)
    2.4.4.10 Yanbu Project for New Export Refinery (Saudi Aramco/ConocoPhillips)
    2.4.4.11 Jizan Project for New Export Refinery
    2.4.5Supply/Demand of Natural Gas in Saudi Arabia and Forecasts
    2.4.5.1Supply/Demand of Natural Gas in Saudi Arabia
    2.4.5.2Gas Processing Facilities and Gas Pipelines in Saudi Arabia (MGS)
    2.4.5.3Natural Gas Development Plans in Saudi Arabia
    2.4.6Potentiality 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
    2.4.6.4Natural Gasoline
    2.4.6.5Prices of Feedstocks for Petrochemicals
Chapter 3 Qatar - Petroleum and 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, Privatization, and Qatarization
    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)
    3.2.4.7Gulf Formaldehyde Co. (GFC)
    3.2.4.8SEEF
    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 Propylene
    3.3.2.3 Benzene
    3.3.2.4 Styrene Monomer
    3.3.2.5 EDC/VCM
    3.3.2.6 Other Intermediate Chemical Products
    3.3.2.7 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 GTL (Gas-to-Liquids)
    3.4.5.4 International Natural Gas/Pipeline in Qatar
    3.4.6 Petrochemical Feedstocks in Qatar
    3.4.6.1 Natural Gas Processing Facilities and Development Plan
    3.4.6.2 Supply/Demand and Pricing for Ethane
Chapter 4 Kuwait - Petroleum and Petrochemicals
  • 4.1Kuwait - Outline and Economy
    4.1.1Outline of Kuwait
    4.1.1.1Outline
    4.1.1.2Country and Population
    4.1.1.3History
    4.1.1.4Government and National Assembly
    4.1.1.5Society and Culture
    4.1.2Kuwait's Economy
    4.1.2.1Kuwait's Economy and Public Finances
    4.1.2.2Privatization
    4.1.2.3Tax System
    4.1.2.4Industrial Policy and Foreign Investment Policy
    4.1.2.5Industrial Areas
    4.2Kuwait's Petrochemical Industry
    4.2.1Outline
    4.2.2Petrochemical-Related Organizations in Kuwait
    4.2.2.1Ministry of Energy
    4.2.2.2Kuwait Petroleum Corporation (KPC)
    4.2.3Status and Projects of Kuwait's Petrochemical Industry
    4.2.3.1Profile of Petrochemical Industry
    4.2.3.2Petrochemical Projects
    4.2.4Major Kuwaiti Petrochemical Companies
    4.2.4.1Petrochemical Industries Co. (PIC)
    4.2.4.2Equate Petrochemical Co. (EQUATE)
    4.3Kuwaiti Petrochemical Product Supply/Demand
    4.3.1Kuwaiti Petrochemical Product Supply/Demand Balance
    4.3.2Kuwaiti Petrochemical Product Supply/Demand Trends
    4.3.2.1Ethylene
    4.3.2.2Propylene
    4.3.2.3Benzene
    4.3.2.4p-Xylene
    4.3.2.5Intermediate Chemical Products
    4.3.2.6Synthetic Resins
    4.4Kuwait's Oil and Natural Gas
    4.4.1Oil- and Gas-Related Organizations in Kuwait
    4.4.2Oil and Natural Gas Development in Kuwait
    4.4.3Supply/Demand of Crude Oil in Kuwait and Forecasts
    4.4.4Kuwait's Oil Refining Industry
    4.4.5Supply/Demand of Natural Gas in Kuwait and Forecasts
    4.4.6Petrochemical Feedstock in Kuwait
    4.4.6.1State of Natural Gas Processing Facilities and Projects
    4.4.6.2Ethane Supply/Demand
Chapter 5 UAE - Petroleum and Petrochemicals
  • 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 Privatization
    5.1.2.4 Tax System
    5.1.2.5 Industrial Policy and Foreign Investment Policy
    5.1.2.6 Industrial Areas 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)
    5.2.3 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)
    5.2.4.6 Abu Dhabi National Chemicals Co. (Chemaweyaat)
    5.2.4.7 Abu Dhabi Basic Industries Corp. (ADBIC)
    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 Para-xylene
    5.3.2.5 Intermediate Chemical Products
    5.3.2.6 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 Abu Dhabi Gas Industries Ltd. (GASCO)
    5.4.7.2 Offset Programme Bureau (OPB)
    5.4.7.3 Abu Dhabi Oil Co., Ltd (ADOC)
    5.4.7.4 Japan Oil Development Co., Ltd (JODCO)
Chapter 6 Oman - Petroleum and Petrochemicals
  • 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 Feedstocks in Oman
    6.3.6.1 Natural Gas Processing Facilities and Development Projects
    6.3.6.2 Ethane Supply/Demand
Chapter 7 Iran - Petroleum and Petrochemicals
  • 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 Policy and Foreign Investment Policy
    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 (NIOC)
    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 Companies
    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 Outline of NPC-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 SM
    7.3.2.8 EDC/VCM
    7.3.2.9 Methanol/MTBE/Acetic Acid/VAM
    7.3.2.10Other Intermediate Chemicals
    7.3.2.11Synthetic Resins
    7.3.2.12Synthetic Rubbers
    7.3.2.13Synthetic 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
Chapter 8 Iraq - Petroleum and Petrochemicals
  • 8.1 Iraq - Outline and Economy
    8.1.1 Outline of Iraq
    8.1.1.1Outline
    8.1.1.3Government and Law
    8.1.1.2Country, Society and Culture
    8.1.1.4History
    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 Oil & Gas 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
Chapter 9 Israel - Petroleum and Petrochemicals
  • 9.1Israel - Outline and Economy
    9.1.1Outline of Israel
    9.1.1.1Outline
    9.1.1.2 Country and Population
    9.1.1.3Government and Legislation
    9.1.1.4 History
    9.1.1.5Society and Culture
    9.1.2Israel's Economy
    9.1.2.1Outline
    9.1.2.2Public Finance
    9.1.2.3Trade
    9.1.2.4Industrial Policy and Foreign Investment Policy
    9.2Israel's Petrochemical Industry
    9.2.1Outline of Israel's Petrochemical Industry
    9.2.1.1Outline
    9.2.1.2Development of Israel's Petrochemical Industry
    9.2.2Petrochemical-Related Organizations in Israel
    9.2.3Status and Projects of Israel's Petrochemical Industry
    9.2.3.1Overview of Petrochemical Industry
    9.2.3.2Petrochemical Complexes
    9.2.3.3Petrochemical Product Production Capacities and Forecasts
    9.2.4Major Israeli Petrochemical Companies
    9.3Israel's Oil and Natural Gas
    9.3.1Supply/Demand of Crude Oil in Israel and Forecasts
    9.3.2Israel's Oil Refining Industry
    9.3.3Supply/Demand of Natural Gas in Israel and Forecasts
Chapter 10 Turkey - Petroleum and Petrochemicals
  • 10.1 Turkey - Outline and Economy
    10.1.1 Outline of Turkey
    10.1.1.1Outline
    10.1.1.2Country and Population
    10.1.1.3Government and Law
    10.1.1.4History
    10.1.1.5Society and Culture
    10.1.2 Turkey's Economy
    10.1.2.1Status of Turkey's Economy
    10.1.2.2Public Finance
    10.1.2.3Trade
    10.1.2.4Industrial Policy and Foreign Investment Policiy
    10.1.2.5Privatization
    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
    10.2.3.1Overview of Petrochemical Industry
    10.2.3.2Petrochemical Complexes
    10.2.3.3Historical 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 Policies and Organizations in Turkey
    10.3.1.1 Oil and Gas Policies
    10.3.1.2 Organizations
    10.3.2 Oil and Natural Gas Development in Turkey
    10.3.2.1 Oil and Gas Field Locations and Development History
    10.3.2.2 Reserves
    10.3.2.3 Pipelines
    10.3.3 Supply/Demand of Crude Oil in Turkey and Forecasts
    10.3.3.1 Production
    10.3.3.3 Domestic Demand
    10.3.3.2 Imports
    10.3.3.4 Supply/Demand Balance
    10.3.4 Turkey's Oil Refining Industry
    10.3.4.1 Locations of Refineries and Refining Capacities
    10.3.5 Supply/Demand of Natural Gas in Turkey and Forecasts
    10.3.5.1 Production
    10.3.5.3 Domestic Demand
    10.3.5.2 Imports
    10.3.5.4 Supply/Demand Balance
    10.3.6 Major Oil and Gas Companies in Turkey
Chapter 11 Egypt - Petroleum and Petrochemicals
  • 11.1 Egypt - Outline and Economy
    11.1.1 Outline of Egypt
    11.1.1.1Outline
    11.1.1.2Country and Population
    11.1.1.3Government
    11.1.1.4History
    11.1.1.5Society and Culture
    11.1.2 Egypt's Economy
    11.1.2.1Outline
    11.1.2.2Public Finance
    11.1.2.3Trade
    11.1.2.4Privatization
    11.1.2.5Industrial Policy and Foreign Investment Policy
    11.2 Egypt's Petrochemical Industry
    11.2.1 Outline of Egypt's Petrochemical Industry
    11.2.1.1Outline
    11.2.1.2Development of Petrochemical Industry
    11.2.2 Petrochemical-Related Organizations in Egypt
    11.2.3 Status and Projects of Egypt's Petrochemical Industry
    11.2.3.1Petrochemical Industry Overview
    11.2.3.2Petrochemical Projects
    11.2.3.3Petrochemical Complexes
    11.2.3.4Petrochemical 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
Chapter 12Libya - Petroleum and Petrochemicals
  • 12.1 Libya - Outline and Economy
    12.1.1 Outline of Libya
    12.1.1.1Outline
    12.1.1.2 Country and Population
    12.1.1.3 History
    12.1.2 Libya's Economy
    12.1.2.1Outline
    12.1.2.2Trade
    12.2 Libya's Petrochemical Industry
    12.2.1 Outline of Libya's Petrochemical Industry
    12.2.1.1Outline
    12.2.1.2Development of Libya's Petrochemical Industry
    12.2.2 Petrochemical-Related Organizations in Libya
    12.2.3 Status and Projects of Libya's Petrochemical Industry
    12.2.3.1Overview of Petrochemical Industry
    12.2.3.2Petrochemical Complexes
    12.2.3.3Petrochemical 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
    12.3.4.1Refinery Locations and Petroleum Refining Capacities
    12.3.4.2Petroleum Product Consumption Trends
    12.3.5 Supply/Demand of Natural Gas in Libya and Forecasts
Chapter 13 Algeria - Petroleum and Petrochemicals
  • 13.1 Algeria - Outline and Economy
    13.1.1 Outline of Algeria
    13.1.1.1Outline
    13.1.1.2 Country and Population
    13.1.1.3History
    13.1.2 Algeria's Economy
    13.1.2.1Outline
    13.1.2.2Trade
    13.2 Algeria's Petrochemical Industry
    13.2.1 Outline of Algeria's Petrochemical Industry
    13.2.1.1Outline
    13.2.1.2Development of Petrochemical Industry
    13.2.2 Petrochemical-Related Organizations in Algeria
    13.2.3 Status and Projects of Algeria's Petrochemical Industry
    13.2.3.1Petrochemical Industry Overview
    13.2.3.2Petrochemical Complexes
    13.2.3.3Petrochemical Product Production Capacities and Forecasts
    13.2.4 Major Algerian Petrochemical Companies
    13.2.4.1Sonatrach
    13.2.4.2ENIP (Sociaty National de la P?trochemie)
    13.2.4.3NAFTEC (Sociaty Nationale de Raffinage de P?trole)
    13.2.4.4Polymed (Sociaty M?diterran?enne des Polym?res)
    13.2.4.5ASMIDAL
    13.3 Algeria's Oil & Natural Gas
    13.3.1 Algeria's Oil & Natural Gas Policies/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
    13.3.4.1Oil Refinery Locations and Capacities
    13.3.4.2Petroleum Product Production and Consumption
    13.3.5 Supply/Demand of Natural Gas in Algeria and Forecasts
Chapter 14 Bahrain - Petroleum and Petrochemicals
  • 14.1 Bahrain - Outline and Economy
    14.1.1 Outline of Bahrain
    14.1.1.1Outline
    14.1.1.2Country and Population
    14.1.1.3Government History, Society and Culture
    14.1.2 Economy
    14.1.2.1Outline of Bahrain's Economy
    14.1.2.2Public Finances
    14.1.2.3Trade
    14.1.2.4Industrial Policy and Foreign Investment Policies
    14.1.2.5Main 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
Chapter 15 Middle Eastern Petrochemical Product Supply/Demand
  • 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
    15.1.2.1Ethylene
    15.1.2.11PE
    15.1.2.2Propylene
    15.1.2.12LD/LLDPE
    15.1.2.3Butadiene
    15.1.2.13HDPE
    15.1.2.4Benzene
    15.1.2.14PP
    15.1.2.5Para-Xylene
    15.1.2.15PVC
    15.1.2.6EO/EG
    15.1.2.16PS/EPS
    15.1.2.7Styrene Monomer (SM)
    15.1.2.17ABS/AS
    15.1.2.8EDC/VCM
    15.1.2.18 PET Resin/UF, MF
    15.1.2.9Other Intermediate Chemicals Resins
    15.1.2.10 Synthetic Resins
    15.1.2.19 Synthetic Rubber
    15.1.2.20Synthetic Fibers
    15.2 Market Trends in Export Destinations for Middle Eastern Petrochemical Products
    15.2.1 Southeast Asia Petrochemical Product Supply/Demand Balance Forecasts
    15.2.1.1Southeast Asia
    15.2.1.2Indonesia
    15.2.1.3Malaysia
    15.2.1.4Singapore
    15.2.1.5Thailand
    15.2.1.6Philippines
    15.2.1.7Vietnam
    15.2.2 East Asian Petrochemical Product Supply/Demand Balance Forecast
    15.2.2.1Japan
    15.2.2.3Taiwan
    15.2.2.2South Korea
    15.2.2.4China
    15.3 Middle East Petrochemical Product Export Forecast
    15.3.1 Assumptions for Petrochemical Product Export Forecasts
    15.3.2 Petrochemical Product Export Forecasts
    15.3.2.1Ethylene
    15.3.2.2 Para-Xylene
    15.3.2.3 EG
    15.3.2.4 SM
    15.3.2.5 Methanol
    15.3.2.6 LD/LLDPE
    15.3.2.7 HDPE
    15.3.2.8 PP
Chapter 16 Cost Competitiveness of Middle Eastern Petrochemical Products
  • 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, and Light NGL
    16.2.6 Co-product Cost Sharing and By-Product Crediting
    16.2.7 Derivative Products Cost Calculation Structure
    16.2.8 Other 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
  • References
  • Abbreviations
  • Index

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