Jan 12 2011
Research and Markets has announced the addition of the "Iran Petrochemicals Report Q1 2011" report to their offering.
The Iran Petrochemicals Report provides industry professionals and strategists, corporate analysts, petrochemical associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Iran's petrochemicals industry.
Iran's petrochemicals industry is beginning to feel the pressure of tightened sanctions with more capacity diverted to producing fuel and Western petrochemicals companies deserting the country and investment and trade from other regions unable to make up for the shortfall, according to BMI's latest Iran Petrochemicals Report.
In an emergency plan after the US and international sanctions regime was tightened and stopped many companies such as Royal Dutch Shell from selling gasoline to Iran, Iran announced in Q310 that it had increased its domestic gasoline production by 40%. By October 2010, gasoline production capacity in six petrochemical complexes has reached 19mn litres/d. In Q410, Iran's largest petrochemicals plant, the National Petrochemical Companys (NPC) Bandar Imam Petrochemical Company (BIPC), was producing around 3.5mn l/d of gasoline and will continue to supply part of Iran's fuel needs. By October, gasoline production at Nouri Petrochemical Complex in Assalouyeh also hit 6mn l/d. Despite BIPC's assertion that petrochemicals output was not being impacted by the switch to gasoline production, Iran had actually stopped the process of producing gasoline at three other petrochemicals plants, saying domestic demand was sufficient. The Oil Ministry also stated, in September 2010, that Iran is to halt export of petrochemical products, following the implementation of the programme to boost gasoline production in petrochemical plants.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Global Overview
- Petrochemicals Market Overview
- Financial Results
- Gulf Regional Overview
- Iran Market Overview
- Impact Of Pricing Mechanism
- Business Environment Ratings
- Industry Forecast Scenario
- Macroeconomic Outlook
- Company Profiles
- Glossary Of Terms
- Methodology
- How We Generate Our Industry Forecasts
- Business Environment Ratings
Companies Mentioned:
- Karoon Petrochemical Company
- National Petrochemical Company