BMI's Executive Summary

[TOP]

The Sector At A Glance

Key Insights On The Petrochemicals Sector Of Singapore

Industry Overview

Singapore’s petrochemicals industry has grown rapidly due to the country’s strong base in petroleum refining, despite having no natural resources of its own. It is a leading Asian petrochemicals hub, possesses cost-effective logistics and provides market access to the Asia Pacific region, Africa, the Middle East and the US. The government is promoting petrochemicals to expand its industrial mix and integrate its existing base of oil refineries.

Industry Developments

Singapore plans to maintain its position as one of the world’s top ten leading petrochemical production hubs, the country’s Prime Minister, Lee Hsien Loong has said, and ensure it is able to supply growing demand from India and China.

China is targeting Singapore companies as possible investors in new petrochemical production facilities in the Guangzhou Free Trade Zone, in particular for projects to include olefins production to act as feedstock for plastic, fibre and resin production. Singapore has also said it is keen to encourage Saudi Arabian investment in petrochemical projects on Jurong Island.

Singapore Petroleum Company (SPC) and Indonesian state oil company Pertamina have signed a preliminary agreement to spend up to US$1bn over the next five years developing oil and gas fields. The deal, designed to boost co-operation between the two countries in exploration, also involves collaboration on development and production projects in Indonesia and overseas.

Industry Forecasts

Singapore is expected to encourage foreign investment in its petrochemicals and downstream chemicals capacity, enabling it to compete effectively with other regional producers. The main trends are, therefore, addition of new plants and diversification of both basic petrochemicals products as well as more specialised and value-added products.

Contents

[TOP]

Chapter 1 - Executive Summary

Industry Overview

Industry Developments

Industry Forecasts

Singapore Chemicals & Petrochemicals Industry SWOT

Singapore Economic SWOT

Singapore Business Environment SWOT

Chapter 2 - Market Overview

Jurong Island

Market Structure

Production

Chapter 3 - Industry Trends and Developments

Projects and Expansions

Related Industry Developments

Chapter 4 - Industry Forecast Scenario

Table: Singapore Chemicals and Petrochemicals Sector - Historical Data and Forecasts

Chapter 5 - Economic Outlook

Table: GDP, Population & Output

Singapore Business Environment Ranking

Business Environment Overview

Chapter 6 - Company Monitor

Profiles

ExxonMobil Chemical Asia Pacific

Petrochemicals Corporation of Singapore (PCS)/Shell

Sumitomo Chemical Singapore

Eastman Chemical Singapore

BASF

Mitsui

Chapter 7 - BMI Forecast Modelling

How we generate our industry forecasts

Chemicals & Petrochemicals Industry

Cross checks

Competitive Landscape for Asia Petrochemicals Reports: Sample of Companies Ranked

[TOP]

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.