The Qatar Petrochemicals Report

    • Independent 5 year petrochemicals industry forecasts for Qatar.
    • Original Petrochemicals market research and petrochemicals sector trend analysis for the Qatari petrochemicals industry.
    • Competitive intelligence, Qatari petrochemicals company rankings and SWOT analyses on international and domestic petrochemicals companies in the Qatari market.

The Qatar Petrochemicals Report has been researched at source, and features latest-available data covering oil and gas, oil refining, olefins (ethylene, propylene), polyolefin’s (polyethylene, polypropylene), polyvinyl chloride and polystyrene; nitrogen, hydrochloric acid, paintwork products and more; 5-year industry forecasts through end-2011; company rankings and competitive landscapes covering leading multinational and national operators; and analysis of latest industry trends, opportunities and regulatory changes.

Business Monitor International’s Qatar Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Qatari petrochemicals industry.

Key Benefits of Report

    • Benchmark BMI’s Independent 5-year Petrochemicals Industry Forecasts to test other views – a key input for successful budgetary and planning in the Qatari strategic petrochemicals market.
    • Target Business Opportunities & Risks in the Qatari Petrochemicals Sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Qatar.
    • Exploit the Latest Competitive Qatari Petrochemicals Intelligence & company SWOTS on your competitors and peers through company rankings by sales, market share and ownership structure – includes multi-national and national companies in Qatar.

Coverage

Executive Summary
Summary of BMI’s key industry forecasts, views and trend analysis, covering basic chemicals, fine and speciality chemicals markets, regulatory changes, major investments, projects and company developments.

Market Overview
Structure, size and value of industry sector; overview of industry landscape and key players; assessment of business operating environment and latest regulatory developments.

BMI 5-Year Industry Forecast
Historic data series and 5-year forecasts to end-2011 for all key industry indicators, including industry value, production, demand, sales, imports and exports and total investments, supported by macroeconomic forecasts and assumptions. Key products covered:

Basic Chemicals – Covering inorganic and organic feedstock such as ethylene, propylene, ammonia, benzene and chlorine, and inorganic chemical raw materials including sulphuric acid, hydrocholoric acid, nitric acid, soda ash and caustic soda.

Fine & Speciality Chemicals – Covering pesticides, dyestuffs, pigments, coatings, printing inks and reagents, photo-sensitive and magnetic recording materials, food and feed additives, adhesives, surfactants, catalysts and speciality additives, carbon fibre and pharmaceuticals.

BMI Macroeconomic 5-Year Forecast
BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Competitive Landscape and Rankings
Comparative company analyses and rankings by US$ sales, % market share, employee size, registration date and ownership structure.

Company Profiles and SWOTS
Company profiles, including SWOT analyses, senior executives and full contact details, business activity, products and services, foreign direct investments and projects. Companies covered include:

BMI's Executive Summary

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Qatar continues to generate foreign interest in its petrochemical segment, with ethylene cracker capacity set to hit 6mn tonnes per annum (tpa) by 2012, providing a strong base for the development of new derivative plants, according to BMI's latest Qatar Petrochemicals Report.

Over US$15bn is being invested in Qatar's petrochemicals sector over the next five years, by which time it will become the world's fourth-largest producer. The country is making great strides in the liquefied natural gas (LNG), liquid petroleum gas (LPG) and fertiliser segments as well as ethylene and polymer resins. The government's priority is to double production of urea, ammonia, low-density polyethylene (LDPE), high-density polyethylene (HDPE) and other petrochemicals that can utilise Qatar's large gas reserves as feedstock. By 2012, the country will be producing 16 different petrochemical products with production. Projects due to come online include the 1.3mn tpa QChem/Qatofin cracker (2009), the 800,000-900,000tpa QP-Honam cracker (2011-2012), the 1.3mn tpa QP-ExxonMobil cracker (2012) and the 1.2mn tpa QP-Shell cracker (2012), all of which will be located at Ras Laffan. New facilities will help bring polymer production to around 5mn tpa, while ethylene production is set to reach 6mn tpa. Further expansion will rest on whether proposed projects will receive the necessary financial backing and feedstock allocation.

Foreign interest remains positive, despite the rising construction costs in Qatar's petrochemical industry. In November 2007, the Indian government-owned Gas Authority of India Ltd (GAIL) announced that it was exploring the possibility of setting up an integrated petrochemical mega-complex in Qatar. Qapco has requested GAIL to submit its interest in the project, which would have a 1.9mn tpa ethylene production capacity. Total Petrochemicals announced in May 2007 that it was likely to participate in a third olefins project, a mixed feed cracker, in Qatar. In the fertiliser industry, Qafco signed a letter of intent in November 2007 with Italy's Snamprogetti and South Korea's Hyundai for the construction of the Qafco-5 expansion project, which will cost an estimated US$3.2bn. Qafco-5 construction was set to begin in January 2008 and completed in Q111, when it will have a production capacity of 3.8mn tpa of ammonia and 4.3mn tpa of urea, raising ammonia and urea capacities by 73% and 43% respectively. The Qafco-5 expansion will make Qafco the world's largest single site producer of ammonia and will reaffirm its position as the largest single site producer of urea.

BMI has revised its method of risk scoring in the petrochemicals sector, introducing dynamic scores that reflect on future growth as well as current capacities and the size of the internal market, along with investment risk assessments of the political, economic and regulatory environments. Qatar has retained its third place position in the rankings for Middle East and Africa with 63.8 points, 2.8 points ahead of the UAE and just 0.2 points behind Kuwait. Qatar is also 7.8 points ahead of the regional average of 56.0 points. Qatar's petrochemical-specific ratings are strong, with cracker capacity set to more than treble over the next five years and the country hosting the second-largest polyolefins production capacity in the Gulf Cooperation Council (GCC) after Saudi Arabia. Underpinned by one of the highest levels of GDP per capita in the world and no history of political tension, Qatar remains a bastion of stability in a highly turbulent region. Qatar's weakness is its relative lack of economic diversification compared to other countries in the region.

Contents

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Chapter 1 - Executive Summary

Chapter 2 - SWOT Analysis

Qatar Petrochemicals Sector Industry SWOT

Qatar Economic SWOT

Qatar Business Environment SWOT

Chapter 3 - Market Overview

Chapter 4 - Qatar Petrochemicals Business Environment

Table: Middle Eastern Rankings

Country Composite Risk Rating

Domestic Feedstock Availability

Petrochemicals Production

Petrochemicals Competitive Environment

Chapter 5 - Industry Trends and Developments

Regulatory

Upcoming Projects

Chapter 6 - Industry Forecast Scenario

Table: Qatar Petrochemicals Sector- Historical Data and Forecasts

Chapter 7 - Economic Outlook

Table: Macroeconomic Data & Forecasts

Business Environment Outlook

Foreign Investment Policy

Chapter 8 - Company Monitor

Profiles

Qatar Petrochemicals Company (Qapco)

Qatar Chemical Company (Q-Chem)

Total Petrochemicals/Qatofin/QVC

Qatar Fertiliser Company (QAFCO)

Qatar Fuel Additives Company (QAFAC)

Qatar Plastic Products Company (QPPC)

Chapter 9 - BMI Forecast Modelling

How we generate our industry forecasts

Chemicals & Petrochemicals Industry

Cross checks

Competitive Landscape for Middle East & Africa Petrochemicals Reports: Sample of Companies Ranked

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Comparative company analyses and rankings by US$ sales, % market share, employee size, registration date and ownership structure. Company SWOTs (Strengths, Weaknesses, Opportunities, Threats) on all leading international and national operators in each market, including competitive intelligence in the following: Overall geographic presence, competitive positioning against local companies; production capacity, sales and market share; joint ventures, foreign direct investment, projects and acquisitions strategy.

 

Read about our other Petrochemicals Reports

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