DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ed3542/turkey_petrochemic) has announced the addition of the "Turkey Petrochemicals Report Q2 2011" report to their offering.
Business Monitor International's Turkey Petrochemicals Report provides industry professionals and strategists, corporate analysts, petrochemical associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Turkey's petrochemicals industry.
The development of the Turkish petrochemicals industry is set to proceed rapidly over coming years, with strong growth in demand in the short term and capacity set to double by 2018, according to BMI's latest Turkey Petrochemicals Report. The State Oil Company of Azerbaijan (SOCAR), part of the consortium that took over Turkish petrochemicals producer Petkim in 2008, plans to invest US$10bn over the next seven to eight years in the company's operations.
The rapid growth of domestic demand for petrochemicals, related to the country's burgeoning manufacturing activity, will support increases in capacity. Petkim claimed to have broken a production record in 2010 with its highest level of output in its 45-year history. While petrochemicals producers elsewhere in Europe and the Middle East were struggling with low operating rates, the company reported a 98% capacity utilisation rate throughout the year as it surpassed its turnover and profitability projections. A strong oil market accompanied by improved technology, productivity and new production lines assisted with the company's growth.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Turkey Petrochemicals Industry SWOT
- Turkey Political SWOT
- Turkey Economic SWOT
- Turkey Business Environment SWOT
- Global Overview
- Petrochemicals Market Overview
- Financial Results
- Global Oil Products Price Outlook
- Tables
Companies Mentioned:
- DuPont (Advansa)
- Petkim
- Turkish Petroleum Refineries Corporation (Tpra)
For more information visit http://www.researchandmarkets.com/research/ed3542/turkey_petrochemic