Although Egypt is seeing a leap in petrochemicals capacities in 2016, volatile feedstock supplies and
depressed domestic growth will limit growth in production volumes. The Egyptian pound's depreciation
should help mitigate the situation, although it is exerting a neg ..."
The Egyptian petrochemicals industry has benefitted greatly from depreciation and the lack of foreign
currency that emerged as the authorities acted to halt the decline of the Egyptian pound. With access to
locally available feedstock, petrochemicals producers were ab ..."
BMI View: While Egyptian market growth experienced some slowdown in 2015, the local petrochemicals industry managed to defend sales and even hike prices in Q4 due to the depreciation of the Egyptian pound and disruption to imports. The industry is likely to experience sustained g ..."
Egypt is one of the most promising growth markets for petrochemicals and in spite of infrastructural and
feedstock constraints it is set to become a significant exporter of petrochemicals over the long-term. Plans
will be put into operation in 2016 for a series of new ..."
BMI View: Egypt is set to become one of the fastest growing petrochemicals markets in the Middle East
and North Africa region as it continues its recovery following a turbulent economic and political period,
according to BMI's latest Egypt Petrochemicals Report. ..."
BMI View: Putting its troubles behind it, Egypt is advancing its petrochemicals development which should
ensure self-sufficiency, but the country remains plagued by its energy crisis, according to BMI's latest Egypt
Capacity is due to ramp ..."
BMI View: In recent years, political instability and uncertainty have impeded prospects for growth in
Egypt's petrochemicals industry. However, increasing stability and the size of upstream resources are
encouraging investment in the sector. Nevertheless, we expect delays to in ..."
The expansion of the Egyptian petrochemicals industry is likely to go ahead, although delays are expected.
Greater political stability under the new administration should bring about more clarity in the business
environment and reduced risk over the medium-term, accor ..."
BMI View: The Egyptian petrochemicals industry is beginning to make tentative steps towards expansion in
spite of lingering uncertainty under the interim government. While the risks are high, the local market's
potential and the plentiful domestic supply of ethane sti ..."
BMI View: While the Egyptian market has been disrupted in the short-term by the uprisings, the long-term
outlook for the country's refining and petrochemicals sectors looks positive, although delays are likely in
planned projects. However, continued uncertainty for po ..."