BMI View: Turkey's coup attempt has shaken the petrochemicals industry with arrests of senior managers
of the local producer Petkim, but its Azerbaijani majority owner SOCAR is likely to continue investments.
The pre-coup outlook had been brightening and Turkey remain ..."
A weak lira at a time of low oil prices should benefit the Turkish petrochemicals industry, which is showing
significantly improved profitability. Growth will be led by the export-oriented automotive industry, while
other sectors such as construction will languish. ..."
Turkish petrochemicals production growth has slowed over the past year and the country's industry entered
2016 with further downward pressure on prices in an increasingly challenging market. Greater political
certainty has not provided sufficient basis for stronger gr ..."
Political risks could undermine the performance of Turkey's petrochemicals sector in 2016, following a year
of volatile growth in 2015. With chemicals output up 2.1% and rubber and plastic rising 0.7% in the
January-August period, some segments are facing capacity con ..."
BMI View: The Turkish petrochemicals market is set for heightened risk as a result of the uncertainties
created by the June election result, but the industry will continue to expand along the ambitious goals set
out by SOCAR, the Azerbaijani owner of Turkish producer ..."
The Turkish petrochemicals industry is set for stronger growth in 2015 and beyond as capacities expand and
the local market grows, according to BMI's latest Turkey Petrochemicals Report. Key petrochemicals
consuming sectors - the automotive and construction industries ..."
BMI View: The fundamentals of Turkey's petrochemicals market (a growing population, the privatisation
drive and a thriving role as an energy and transport hub) will keep the market on the watch list for
investors, particularly in relation to opportunities in the polyv ..."
The short-term outlook for the Turkish petrochemicals industry is challenging, with the depreciation of the
lira and the rising cost of credit dampening domestic demand, but export growth and low stocks should help
lift demand in H214.
The pace of polymers growt ..."
Low growth in the Turkish polymers market persisted into Q114 as a result of the depreciation of the lira,
but BMI's latest Turkey Petrochemicals Report anticipates strengthening growth over the rest of the year
amid robust performance in the automotive industry and a ..."
BMI View: In spite of a decline in market activity in 2013, the Turkish petrochemicals industry is on
schedule for strong output growth as investment moves it towards greater self-sufficiency with the country
likely to move from import dependence to net exports in som ..."