Petroleos Mexicanos Petrochemicals Capacity and SWOT Analysis 2012

GlobalData’s report, “Petroleos Mexicanos Petrochemicals Capacity and SWOT Analysis - 2012 Update” provides detailed information of company’s business activities. The report covers its petrochemical capacity, plants details and capacity share information. In addition, it presents company’s financial details and deals landscape. It also details recent developments related to the company.

Scope
- Business description – A detailed description of the company’s operations and business divisions
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands
- Petrochemicals capacity and product portfolio- Information of company’s petrochemical capacity and product portfolio
- Petrochemicals complex details- Detailed information on all operating and planned petrochemical plants covering details such as process, technology, capacity and location details
- Petrochemicals capacity split by country
- Petrochemical capacity share- Company’s petrochemical capacity share in domestic market
- SWOT analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Financial ratios
- Key employees – A list of the key executives
- Executive biographies – A brief summary of the executives’ employment history
- Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details
- Financial deals landscape and recent news

Reasons to buy
- Obtain the most up to date information available on the company’s business areas and financials to assist in various business decisions
- Gain key insights in to the company to assist in M&A and JVs
- Know about the company’s petrochemical capacity and asset details for competitive benchmarking
- Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy
- Understand and respond to competitors’ business structure and strategies with GlobalData’s detailed SWOT analysis

Petroleos Mexicanos Petrochemicals

Published: May 2012                                         No. of Pages: 84 
                     
Price: Single User: US $ 500                           Corporate User: US $ 1500




Table of Contents

Table of Contents 2

List of Tables 5

List of Figures 6

Company Snapshot 7

Key Information 7

Company Overview 7

SWOT Snapshot 7

Business Description 8

Business Overview 8

Exploration and Production 8

Market View 9

Gas and Basic Petrochemicals 9

Petrochemicals 10

Refining 10

History 12

SWOT Analysis 24

Overview 24

Petroleos Mexicanos Strengths 24

Efficient Reserve Base 24

Business Line Operations 24

Leading Player 25

Business Model: Vertically Integrated 25

Petroleos Mexicanos Weaknesses 25

Operational Damage: Explosion/Incidents 25

Declined Production Volume: Oil and Gas 25

Petroleos Mexicanos Opportunities 26

Strategic Combinations 26

Growing Natural Gas Demand: SCA Region 26

Operating Improvement Program 26

Petroleos Mexicanos Threats 26

Stringent Regulations 26

Rising Capital Costs: Refining Sector 27

Intense Competition 27

Increasing State Control in SCA Region 27

Competitors 28

Key Employees 29

Key Employee Biographies 31

Company Statement 32

Head Office 33

Financial Deals Landscape 34

Partnerships 37

Debt Offering 39

Acquisition 79

Recent Developments 80

Appendix 83

List of Tables

List of Figures

Petroleos Mexicanos Petrochemicals Capacity and SWOT Analysis - 2012 Update

GlobalData’s report, “Petroleos Mexicanos Petrochemicals Capacity and SWOT Analysis - 2012 Update” provides detailed information of company’s business activities. The report covers its petrochemical capacity, plants details and capacity share information. In addition, it presents company’s financial details and deals landscape. It also details recent developments related to the company.

Scope
- Business description – A detailed description of the company’s operations and business divisions
- Company history – Progression of key events associated with the company.
- Major products and services – A list of major products, services and brands
- Petrochemicals capacity and product portfolio- Information of company’s petrochemical capacity and product portfolio
- Petrochemicals complex details- Detailed information on all operating and planned petrochemical plants covering details such as process, technology, capacity and location details
- Petrochemicals capacity split by country
- Petrochemical capacity share- Company’s petrochemical capacity share in domestic market
- SWOT analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Financial ratios
- Key employees – A list of the key executives
- Executive biographies – A brief summary of the executives’ employment history
- Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details
- Financial deals landscape and recent news

Reasons to buy
- Obtain the most up to date information available on the company’s business areas and financials to assist in various business decisions
- Gain key insights in to the company to assist in M&A and JVs
- Know about the company’s petrochemical capacity and asset details for competitive benchmarking
- Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy
- Understand and respond to competitors’ business structure and strategies with GlobalData’s detailed SWOT analysis

Petroleos Mexicanos Petrochemicals

Published: May 2012                                                              No. of Pages: 84 
                     
Price: Single User: US $ 500                                                  Corporate User: US $ 1500




Table of Contents

Table of Contents 2

List of Tables 5

List of Figures 6

Company Snapshot 7

Key Information 7

Company Overview 7

SWOT Snapshot 7

Business Description 8

Business Overview 8

Exploration and Production 8

Market View 9

Gas and Basic Petrochemicals 9

Petrochemicals 10

Refining 10

History 12

SWOT Analysis 24

Overview 24

Petroleos Mexicanos Strengths 24

Efficient Reserve Base 24

Business Line Operations 24

Leading Player 25

Business Model: Vertically Integrated 25

Petroleos Mexicanos Weaknesses 25

Operational Damage: Explosion/Incidents 25

Declined Production Volume: Oil and Gas 25

Petroleos Mexicanos Opportunities 26

Strategic Combinations 26

Growing Natural Gas Demand: SCA Region 26

Operating Improvement Program 26

Petroleos Mexicanos Threats 26

Stringent Regulations 26

Rising Capital Costs: Refining Sector 27

Intense Competition 27

Increasing State Control in SCA Region 27

Competitors 28

Key Employees 29

Key Employee Biographies 31

Company Statement 32

Head Office 33

Financial Deals Landscape 34

Partnerships 37

Debt Offering 39

Acquisition 79

Recent Developments 80

Appendix 83

List of Tables

List of Figures

Egypt Petrochemicals Report Q3 2012

Petrochemicals investors have not been deterred by Egypt’s revolution and the subsequent election of a civilian government, with BMI’s latest Egypt Petrochemicals report anticipating ethylene capacity of 1.66mn tonnes per annum (tpa) by 2016.

A number of new projects have been announced since Hosni Mubarak’s regime was overthrown, indicative of confidence in Egypt’s potential. Nevertheless, the country’s turbulent environment is having a direct impact on some parts of the Egyptian petrochemicals industry. In addition, Egypt's near-term growth outlook remains weak and political uncertainty will undermine fixed investment and the global economic downturn will weigh on exports, but household and government spending are expected to outperform, helping to sustain domestic petrochemicals consumption.

Aside from the country’s political risks, over the long term, BMI believes that Egypt is ripe for investment in petrochemicals, due to the potential inherent in the domestic market, the country’s trade relations with other markets in Africa, the Middle East and southern Europe and the scale of its upstream resources. Egypt’s polypropylene (PP) market was estimated at 400,000 tonnes in 2011, with domestic production meeting less than half of demand. BMI forecasts 5-7% growth per annum between 2011 and 2016, pushing demand up to 550,000 tonnes by the end of the period. However, planned capacity increases will be insufficient to cover domestic demand and at least half Egypt’s PP requirement will have to be imported.

Other projects include the Egyptian Ethylene and Derivatives Company (Ethydco) with capacities of 460,000tpa ethylene and 20,000tpa butadiene which is scheduled for start-up in 2015. Sidi Kerir Petrochemicals (Sidpec) is planning to build a 460,000tpa ethylene plant in Egypt, which will take three years to complete. In 2015, Carbon Holdings is planning to bring onstream a polyethylene (PE) complex – with capacities of 900,000tpa ethylene, 400,000tpa propylene – and three PE plants, each designed for 450,000tpa – one high density polyethylene (HDPE) and the other two will be HDPE/ linear low density polyethylene (LLDPE) swing units. Other areas of expansion in Egypt include styrenics, polyester, polyethylene, methanol and fertilisers.

In the Middle East and Africa Petrochemicals Risk/Reward Ratings (RRRs), Egypt is ranked ninth with 44.5 points. It lies 4.0 points behind Turkey and 5.3 points ahead of Algeria. The score has downside risks, owing to the uncertain political environment following the overthrow of Hosni Mubarak. Protests have temporarily closed petrochemicals facilities and continued uncertainty could put potential investment at risk, as well as growth in output. However, growth in capacity should remain stable, making Egypt more self-sufficient in petrochemicals and turning it into a net exporter in some segments.

Q3 2012 Petrochemicals Report of Egypt

Published: May 2012      No. of Pages: 52      Price: US $ 1175         
                          


Table of Contents

BMI Industry View 5
SWOT Analysis 6
Egypt Petrochemicals Industry SWOT ... 6
Egypt Political SWOT 7
Egypt Economic SWOT .. 8
Egypt Business Environment SWOT ... 9
Global Petrochemicals Overview . 10
Petrochemicals Market Overview 10
Table: World Ethylene Production By Country, 2011 And 2016 (‘000 tonnes capacity) . 10
Financial Results . 14
Table: Financial Results Of Major Petrochemicals Companies, 2011 . 14
Global Oil Products Price Outlook .. 15
Table: BMI's Refined Products Forecasts, 2010-2016 . 15
Africa Regional Overview . 24
Table: Africa’s Gas Reserves, 2011 (bcm) ... 24
Table: Africa’s Oil Reserves, 2011 (bn bbl) . 24
Table: Africa’s Cracker Capacity, 2010-2016 (’000 tpa) 27
Egypt Market Overview . 28
Industry Trends And Developments 30
Upstream . 32
Projects And News ... 32
Fertiliser .. 35
Petrochemicals Risk/Reward Ratings . 36
Egypt Petrochemicals Risk/Reward Ratings 36
Table: Middle East And Africa Petrochemicals Risk/Reward Ratings . 36
Industry Forecast Scenario .. 39
Table: Egypt Petrochemicals Sector, 2009-2016 (‘000tpa unless otherwise stated) 41
Macroeconomic Outlook ... 42
Table: Egypt – Economic Activity 44
Company Profiles .. 45
EChem . 45
Sidi Kerir Petrochemicals (Sidpec) .. 46
Glossary Of Terms . 47
Table: Glossary Of Petrochemicals Terms .. 47
BMI Methodology ... 48
How We Generate Our Industry Forecasts .. 48
Chemicals And Petrochemicals Industry .. 48
Cross Checks ... 49
Business Environment Ratings . 50
Table: Petrochemicals Business Environment Indicators And Rationale . 50
Table: Weighting Of Indicators 51Table: World Ethylene Production By Country, 2011 And 2016 (‘000 tonnes capacity) . 10
Table: Financial Results Of Major Petrochemicals Companies, 2011 . 14
Table: BMI's Refined Products Forecasts, 2010-2016 . 15
Table: Africa's Gas Reserves, 2011 (bcm) . 24
Table: Africa's Oil Reserves, 2011 (bn bbl) . 24
Table: Africa's Cracker Capacity, 2010-2016 ('000 tpa) . 27
Table: Middle East And Africa Petrochemicals Risk/Reward Ratings . 36
Table: Egypt Petrochemicals Sector, 2009-2016 (‘000tpa unless otherwise stated) . 41
Table: Egypt – Economic Activity . 44
Table: Glossary Of Petrochemicals Terms . 47
Table: Petrochemicals Business Environment Indicators And Rationale . 50
Table: Weighting Of Indicators. 51

Azerbaijan Petrochemicals Report Q3 2012

In 2011, petrochemicals and downstream industries reported stellar growth as the industry enjoyed an influx of fresh investment and strong demand. The chemicals industry was one of the strongest non-oil industrial segments for the year, with 36% growth, while rubber and plastic output rose 25%.

The expansion of the petrochemicals sector in Q312 and beyond will be closely linked to the performance of Azerbaijani methanol producer AzMeCo, which is planning to export about 90% of its output when it completes its US$360mn plant in Q113. The plant will have a capacity of 560,000 tonnes per annum (tpa), raising methanol production in Azerbaijan to 720,000tpa.

The remainder of AzMeCo’s output is for domestic use and it will be employed to bolster the domestic non-oil industry, leading to the production of acetic acid (165,000tpa), formaldehyde (18,000tpa) and melamine (15,000tpa). A fertiliser project is also planned at AzMeCo’s Karadagh facility, with capacities of 255,000tpa ammonia and 500,000tpa urea.

State Oil Company of Azerbaijan Republic (SOCAR) is also planning two fertiliser plants, with 700,000tpa of urea capacity each – one in Azerbaijan and one in Georgia. Construction is due to begin in mid-2013, with completion due by end-2016. Azerbaijan is aiming to raise its fertiliser exports to 1mn tpa.

Azerbaijan is in 10th and sits at the bottom of BMI’s proprietary Central and Eastern Europe Petrochemicals Risk/Reward Ratings, with a score of 32.7, 6.6 points behind Bulgaria. Azerbaijan’s score could rise if plans for a new integrated petrochemicals complex come to fruition, but this is unlikely to come onstream before 2018 at the earliest. Azerbaijan’s considerable energy reserves and rising gas output have meant petrochemicals capacity has been overlooked, largely owing to a poor business environment, which has deterred investors. However, there are signs that things are changing for the better, as the government is making a concerted effort at restructuring the sector.

Q3 2012 Report of Azerbaijan Petrochemicals 

Published: May 2012           Price: US $ 1175   

 

Table of Contents

BMI Industry View 5
SWOT Analysis . 6
Azerbaijan Petrochemicals Industry SWOT ... 6
Global Petrochemicals Overview ... 7
Petrochemicals Market Overview .. 7
Table: World Ethylene Production By Country, 2011 And 2016 (‘000 tonnes capacity) ... 7
Financial Results . 11
Table: Financial Results Of Major Petrochemicals Companies, 2011 11
Global Oil Products Price Outlook .. 12
Table: BMI's Refined Products Forecasts, 2010-2016 . 12
European Petrochemicals Overview 21
Azerbaijan Market Overview . 26
Table: Azerbaijan’s Petrochemicals Sector – Cracker Capacity Data And Forecasts, 2008-2016 (‘000 tpa) . 26
Table: Manufacture Of Petrochemicals Products, 2000-2010 (‘000 tonnes) ... 27
Industry Trends And Developments 28
Upstream Activities .. 30
Petkim Privatisation 32
Petrochemicals Risk/Reward Ratings .. 35
Azerbaijan Risk/Reward Ratings ... 35
Table: Central And Eastern Europe Petrochemicals Risk/Reward Ratings . 35
Industry Forecast Scenario ... 38
Table: Azerbaijan’s Petrochemicals Sector, 2008-2016 (‘000tpa, unless otherwise stated) 38
Macroeconomic Outlook ... 41
Table: Azerbaijan – Economic Activity, 2011-2016 . 43
Company Profiles ... 44
Azerkimya 44
State Oil Company of Azerbaijan (SOCAR) . 45
Glossary Of Terms . 48
Table: Glossary Of Petrochemicals Terms .. 48
Country Snapshot: Azerbaijan Demographic Data . 49
Section 1: Population ... 49
Table: Demographic Indicators, 2005-2030 49
Table: Rural/Urban Breakdown, 2005-2030 ... 50
Section 2: Education And Healthcare .. 50
Table: Education . 50
Table: Vital Statistics ... 50
Section 3: Labour Market And Spending Power .. 51
Table: Employment Indicators . 51
Table: Consumer Expenditure, 1999-2004 (US$) 51
Table: Average Annual Wages, 2000-2012 .. 52
BMI Methodology ... 53
How We Generate Our Industry Forecasts .. 53
Chemicals And Petrochemicals Industry . 53
Cross Checks ... 54
Business Environment Ratings . 55
Table: Petrochemicals Business Environment Indicators And Rationale . 55
Weighting . 56
Table: Weighting Of Indicators ... 56Table: World Ethylene Production By Country, 2011 And 2016 (‘000 tonnes capacity) . 7
Table: Financial Results Of Major Petrochemicals Companies, 2011 . 11
Table: BMI's Refined Products Forecasts, 2010-2016 . 12
Table: Azerbaijan's Petrochemicals Sector – Cracker Capacity Data And Forecasts, 2008-2016 (‘000 tpa) . 26
Table: Manufacture Of Petrochemicals Products, 2000-2010 (‘000 tonnes) . 27
Table: Central And Eastern Europe Petrochemicals Risk/Reward Ratings . 35
Table: Azerbaijan's Petrochemicals Sector, 2008-2016 (‘000tpa, unless otherwise stated) . 38
Table: Azerbaijan – Economic Activity, 2011-2016 . 43
Table: Glossary Of Petrochemicals Terms . 48
Table: Demographic Indicators, 2005-2030 . 49
Table: Rural/Urban Breakdown, 2005-2030 . 50
Table: Education . 50
Table: Vital Statistics . 50
Table: Employment Indicators . 51
Table: Consumer Expenditure, 1999-2004 (US$) . 51
Table: Average Annual Wages, 2000-2012 . 52
Table: Petrochemicals Business Environment Indicators And Rationale . 55
Table: Weighting Of Indicators . 56

Algeria Petrochemicals Report Q3 2012

We maintain our view that the Algerian economy will experience moderate rates of real GDP expansion, with growth rates of 3.0% and 1.9% forecast for 2012 and 2013 respectively. This reflects the country’s poor external outlook and a contraction in public consumption. We expect a deterioration in the local petrochemicals market, with low or zero growth anticipated over the medium term.

The government's plans to cut back on spending from 2012 and beyond will be countered by continued growth in fixed investment and, over the longer term, an uptick in hydrocarbons export receipts.
Household spending is set to expand at a relatively constant rate. This should sustain demand for plastic products, particularly in packaging applications, thereby providing opportunities for Middle Eastern and European producers hoping to use the North African market to offset diminishing demand growth in their own markets. Healthy domestic demand will lead to a rise in imports of finished products. The country’s petrochemicals industry is narrowly focused, with a low level of capacity, and the country will remain dependent on imports. However, Algeria's massive import needs will cause net exports to shrink precipitously.

In 2011, it is estimated that Algeria had petrochemicals production capacities of 130,000 tonnes per annum (tpa) ethylene, 178,000tpa of polyethylene (PE), 40,000tpa of vinyl chloride monomer (VCM), 35,000tpa of polyvinyl chloride (PVC), 120,000tpa of methanol and 990,000tpa of ammonia. Algeria’s ethylene and PE capacities are forecast to remain static until 2014, after which they will increase in line with the addition of new capacity. By 2016, ethylene capacity is anticipated to be 1.23mn tpa and PE capacity will be 878,000tpa, with further new capacity in the production of other derivatives also anticipated. Methanol production capacity will increase by 1mn tpa to 1.12mn tpa and with Sonatrach expected to complete a new plant, in addition to new fertiliser plants, the country will have ammonia and urea capacities of 5.59mn tpa and 3.59mn tpa, respectively.

Algeria ranks 10th in BMI’s Middle East and Africa Petrochemicals Risk/Reward Ratings (RRRs) matrix, with an overall score of 39.2 points – 5.3 points behind Egypt and 7.2 points ahead of Nigeria. Its petrochemicals-specific scores benefit from progress at the Arzew petrochemicals complex, although delays to the project are undermining the country’s petrochemicals market risk score. Algeria scores lowest on almost every indicator and this is likely to remain the case until the Arzew complex comes onstream.

Petrochemicals Report of Algeria Q3 2012

Published: May 2012           No. of Pages: 56      Price: US $ 1175         
                          


Table of Contents

BMI Industry View 5
SWOT Analysis . 6
Algeria Petrochemicals Industry SWOT 6
Algeria Political SWOT . 7
Algeria Economic SWOT ... 7
Global Petrochemicals Overview ... 9
Petrochemicals Market Overview .. 9
Table: World Ethylene Production By Country, 2011 And 2016 (‘000 tonnes capacity) ... 9
Financial Results . 13
Table: Financial Results Of Major Petrochemicals Companies, 2011 13
Global Oil Products Price Outlook .. 14
Table: BMI's Refined Products Forecasts, 2010-2016 . 14
Africa Regional Overview .. 23
Table: Africa’s Gas Reserves, 2011 (bcm) ... 23
Table: Africa’s Oil Reserves, 2011 (bn bbl) . 23
Table: Africa’s Cracker Capacity, 2010-2016 (’000 tpa) 26
Algeria Market Overview 27
Market Structure .. 28
Table: Algeria Cracker Capacity, 2009-2016 (’000 tpa) . 29
Industry Trends And Developments 30
Upstream . 30
Olefins And Polyolefin . 31
Table: Petrochemical Capacity At The Planned Arzew Complex 32
Methanol .. 32
Fertiliser .. 33
Petrochemicals Risk/Reward Ratings .. 34
Algeria Risk/Reward Ratings ... 34
Table: Middle East And Africa Petrochemicals Risk/Reward Ratings . 34
Industry Forecast Scenario ... 36
Table: Arzew Complex Capacities, 2014 (’000 tonnes) ... 38
Table: Algeria’s Petrochemicals Sector, 2008-2016 (‘000tpa, unless otherwise stated) . 38
Macroeconomic Forecast .. 40
Table: Algeria – Economic Activity . 42
Company Monitor ... 43
Sonatrach . 43
Glossary Of Terms . 48
Table: Glossary Of Petrochemicals Terms .. 48
BMI Methodology ... 49
How We Generate Our Industry Forecasts .. 49
Chemicals And Petrochemicals Industry . 49
Cross Checks ... 50
Business Environment Ratings . 51
Table: Petrochemicals Business Environment Indicators And Rationale . 51
Table: Weighting Of Indicators ... 52
Country Snapshot: Algeria Demographic Data ... 53
Section 1: Population ... 53
Table: Demographic Indicators, 2005-2030 53
Table: Rural/Urban Breakdown, 2005-2030 ... 54
Section 2: Education And Healthcare .. 54
Table: Education Levels, 2002-2025 ... 54
Table: Healthcare – Vital Statistics, 2005-2030 .. 54
Section 3: Labour Market And Spending Power .. 55
Table: Employment Indicators, 2001-2006 .. 55
Table: Consumer Expenditure, 2000-2012 (US$) 55Table: World Ethylene Production By Country, 2011 And 2016 (‘000 tonnes capacity) . 9
Table: Financial Results Of Major Petrochemicals Companies, 2011 . 13
Table: BMI's Refined Products Forecasts, 2010-2016 . 14
Table: Africa's Gas Reserves, 2011 (bcm) . 23
Table: Africa's Oil Reserves, 2011 (bn bbl) . 23
Table: Africa's Cracker Capacity, 2010-2016 ('000 tpa) . 26
Table: Algeria Cracker Capacity, 2009-2016 ('000 tpa) . 29
Table: Petrochemical Capacity At The Planned Arzew Complex . 32
Table: Middle East And Africa Petrochemicals Risk/Reward Ratings . 34
Table: Arzew Complex Capacities, 2014 ('000 tonnes) . 38
Table: Algeria's Petrochemicals Sector, 2008-2016 (‘000tpa, unless otherwise stated) . 38
Table: Algeria – Economic Activity . 42
Table: Glossary Of Petrochemicals Terms . 48
Table: Petrochemicals Business Environment Indicators And Rationale . 51
Table: Weighting Of Indicators . 52
Table: Demographic Indicators, 2005-2030 . 53
Table: Rural/Urban Breakdown, 2005-2030 . 54
Table: Education Levels, 2002-2025 . 54
Table: Healthcare – Vital Statistics, 2005-2030 . 54
Table: Employment Indicators, 2001-2006 . 55
Table: Consumer Expenditure, 2000-2012 (US$) . 55