BMI Industry View
Romania's petrochemicals industry is witnessing a strong performance in a market that is witnessing
stronger growth. Increased household disposable income and the country's strategic position in the
automotive sector are supporting petrochemica ..."
BMI View: Romania's petrochemicals industry is finally seeing an improvement in performance following
years of decline. Oltchim slashed losses and boosted profit in 2015, providing the basis for privatisation,
possibly including the Arpechim refinery on which it depen ..."
BMI View: Weaker oil prices have helped Romania's downstream sectors, with refining margins improving as a result and thereby reversing the situation of regular quarterly losses. This is helping drive down the cost of
naphtha feedstock used in the Romanian petrochemicals in ..."
As a net hydrocarbons importer, weaker oil prices are helping Romania's downstream sectors. Even the
financially troubled polymer producer Oltchim could see a buyer in 2016. At the same time, market outlook
is improving, with growth expected in construction and automo ..."
Although 2014 ended on a downturn, BMI believes the petrochemicals market should be robust enough to
lift output in 2015. As a net hydrocarbons importer, weaker oil prices are helping Romania's downstream
sectors. Even the financially troubled polymer producer Oltchim ..."
Romania's petrochemicals industry witnessed a downturn in growth in 2014 with a contraction in the fourth
quarter. The outlook for the short to medium term is more positive with BMI's latest Romania
Petrochemicals Report anticipating improved growth in the automotive ..."
Following Romania's repeated attempts to privatise petrochemicals producer Oltchim in 2014, the
company's receivers are now looking at restructuring to make it profitable. BMI's latest Romania
Petrochemicals Report states that the process is likely to involve some red ..."
The Romanian petrochemicals market is set for strong growth as end-use markets, particularly the
automotive sector, report strong growth. But BMI's latest Romania Petrochemicals warns that local
producers will struggle to fulfil demand, particularly with troubled loca ..."
BMI View: The failure to privatise the troubled local petrochemicals producer Oltchim in H114 is
weighing heavily on the prospects for the Romanian petrochemicals industry, in spite of the strengthening
performance of the local market, according to BMI's latest Romani ..."
The Romanian petrochemicals industry is set to see better prospects in 2014 as export-oriented industries
exhibit stronger growth. However, BMI's latest Romania Petrochemicals Report states that the key issue for
the sector remains the future of Oltchim, the troubled ..."