Market Report, "Iran Petrochemicals Report Q1 2013", Published


Fast Market Research recommends "Iran Petrochemicals Report Q1 2013" from Business Monitor International, now available


Published on 25 January 2013

Friendship Bands by Phoebe's Phashion ™Play The World's BIGGEST LOTTERY!

by Bill Thompson

(WireNews+Co)

Boston, MA

This quarter BMI's Iran Petrochemicals Report examines the impact of a hardening in EU sanctions in October 2012 on the performance and development of downstream operators, paying particular attention to producers' export performance, credit availability and access to technology. The report assesses progress so far in ongoing projects and how the government is attempting to overcome restraints and the withdrawal of several foreign partners with exposure to North American and European markets in order to raise national petrochemicals capacity to 100mn tonnes per annum (tpa) by 2017.

Faced with a punitive sanctions regime that cuts it out of much of global trade, Iran's export-oriented petrochemicals sector is facing a bleak future while it continues to defy UN Security Council resolutions on its nuclear programme. However, Iran's own limitations on petrochemicals exports are likely to be temporary as Iran is producing a net surplus of polymers. Any move to limit exports would have a significant impact on production, particularly in a deteriorating domestic economic environment where demand is set to contract. This would have a negative impact on Iran's planned petrochemicals expansion programme.

View Full Report Details and Table of Contents (http://www.fastmr.com/prod/523929_iran_petrochemicals_report_q1_2013.aspx)

Trends point to a complete failure of the government's 20-Year Outlook Plan (1995-2015), which aimed for a rise in Iran's share of Middle Eastern petrochemicals output from 12% to 34% with up to 100mntpa of capacity, of which 75% would be exported. The failure to attain these goals puts the NPC's US$12.3bn investment plan for 2010-15 in jeopardy and could see a freeze in plant construction of the crisis is sustained. New complexes in Ilam (500,000tpa ethylene from 2014) and Assaluyeh (1.2mntpa ethylene from 2015) are at risk of being delayed or cancelled. The NPC aims to raise ethylene capacity at the Kavyan complex to 2mn tpa in a second phase by 2015, making it the country's largest ethylene production site, but this could also be postponed. The West Ethylene Pipeline, fed by Kavyan, is also in danger of failure and its route could be shortened, threatening the planned polymers plants supplied by it.


Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.


Contacts

  •  
  • Bill Thompson
  • Fast Market Research, Inc.
  • PR Contact
  • Tel: +14134857001
  •  
Enter your email:
Enter Subject:
Enter your message:
Please enter this numbers in the fields:
 
  Click image to get a new code.
Enter code:
 

Posted 2013-01-25 16:52:00