The Petrochemical Industry in Developing Asia: A Review of the Current Situation and Prospects for Development in the 1990sThe purpose of this report is to address the need for information on the petrochemical industry in Asia in view of the fast-evolving situation of the industry in the region and the growing involvement of the World Bank with operations and studies in a number of Asian countries. The report reviews the current trends of the industry with relevance for Asian-based producers and documents the substantial increases in activity and rates of growth of the sector in Asia. A substantial part of the analysis is dedicated to the assessment of competitive advantages in the production of petrochemicals by individual producers. The study also review the policy framework in all countries selected and compares the different economic instruments and other policy tools that have been used to develop their industries. The report concludes that prospects for future development of the industry in developing Asia are generally favorable. As a caveat, the optimistic outlook hinges on the prospects for continuous economic growth and the oil supply and pricing situation. To secure their competitive position and materialize the growth prospects, countries with a lower competitive posture must move to improve their economics of manufacture through feedstock diversification, vertical integration, restructuring increased exposure to competition and improved long-term planning. |
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Page 38
... Malaysia Indonesia Table 4.1 : ASIA -- PROJECTED ECONOMIC PRICES OF NAPHTHA ( by country , in 1988 US $ / MT ) 1988 1990 1995 2000 150 165 178 212 152 167 180 214 150 163 176 210 148 163 176 210 140 155 168 202 140 155 168 202 Note : ...
... Malaysia Indonesia Table 4.1 : ASIA -- PROJECTED ECONOMIC PRICES OF NAPHTHA ( by country , in 1988 US $ / MT ) 1988 1990 1995 2000 150 165 178 212 152 167 180 214 150 163 176 210 148 163 176 210 140 155 168 202 140 155 168 202 Note : ...
Page 39
... Malaysia and Indonesia have the best position in terms of naphtha and gas oil prices given the fact that both are long term net exporters of these materials and have already in place gas gathering , transportation and distribution ...
... Malaysia and Indonesia have the best position in terms of naphtha and gas oil prices given the fact that both are long term net exporters of these materials and have already in place gas gathering , transportation and distribution ...
Page 80
... Indonesia and Malaysia have started granting differentiated protection to particular products when domestic producers have initiated production ( PVC , PS and some synthetic fibers and yarns ) . The products on which tariffs are low are ...
... Indonesia and Malaysia have started granting differentiated protection to particular products when domestic producers have initiated production ( PVC , PS and some synthetic fibers and yarns ) . The products on which tariffs are low are ...
Common terms and phrases
aromatics Asia Asian Asian producers ASTIF basic petrochemicals Benzene Butadiene capital costs CHEMICAL China CHINA THAILAND MALAYSIA competitive crackers demand derivatives domestic market downstream products economic environmental EPRS ERSITY ethane/propane ethylene production expected feedstock Forecast gas fractions Gulf HDPE imports incentives increase India India China Thailand Indonesia installation factors integration investment investors Japan KOREA INDIA CHINA LDPE levels Malaysia and Indonesia manufacturing merchant ethylene Methanol million tons NAGOTHANE naphtha based naphtha prices natural gas olefins operation opportunity cost opportunity value ownership p-xylene P.O. Box petrochemical industry petrochemical products PETROCHEMICALS 000 MT planning plants plastics Polyester polypropylene potential production capacity production costs projects Propylene raw materials refineries region relatively requirements SAN DIEGO Sinopec situation Source Staff estimates styrene summarized in Table synthetic fibers synthetic resins synthetic rubber Taiwan tariff Thailand THAILAND MALAYSIA INDONESIA trade Ulsan YEOCHON