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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Results 1-3 of 45
Page 18
... market development ( low per capita consumption ) , still others such as Thailand and Indonesia are just starting production to meet a growing domestic market and pursue export opportunities , while Malaysia is a relative newcomer in ...
... market development ( low per capita consumption ) , still others such as Thailand and Indonesia are just starting production to meet a growing domestic market and pursue export opportunities , while Malaysia is a relative newcomer in ...
Page 31
... ( domestic market for methanol is sized at 51,000 tons while annual production is 545,000 tons ) . Downstream Products There are four local producers of synthetic resins supplying about 25 % of the total demand of the domestic market ...
... ( domestic market for methanol is sized at 51,000 tons while annual production is 545,000 tons ) . Downstream Products There are four local producers of synthetic resins supplying about 25 % of the total demand of the domestic market ...
Page 66
... domestic market in the East Asia region ( China ) . In this case , it has been assumed that producers in Malaysia , Indonesia , Korea and India compete for the Chinese domestic market against low cost producers outside Asia . Indicative ...
... domestic market in the East Asia region ( China ) . In this case , it has been assumed that producers in Malaysia , Indonesia , Korea and India compete for the Chinese domestic market against low cost producers outside Asia . Indicative ...
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