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Malaysia Petrochemicals Report Q1 2014

Malaysia Petrochemicals Market: New market analysis released


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2014-02-07 23:28:02 - Malaysia Petrochemicals Report Q1 2014 - a new market research report on companiesandmarkets.com

Investment in Malaysia´s petrochemical industry is being jeopardised by rising costs and a decline in competitiveness as the country faces a surge in US petrochemicals capacity, utilising ethane derived from shale gas. The Malaysia Petrochemicals Report examines the latest project developments as well as market trends which point to the pattern of demand over the medium-term.

In 2013 Malaysian petrochemicals capacities remained unchanged from the previous year. In the olefins segment, the country had capacities of 1.74mn tpa ethylene, 1.13mn tpa propylene and 100,000tpa butadiene. Intermediate petrochemicals production capacities include 240,000tpa styrene, 440,000tpa vinyl chloride monomer, 550,000tpa xylenes and 380,000/385,000tpa EG/EO respectively. In the polymers segment, there was 975,000tpa PE (120,000tpa HDPE, 475,00tpa LDPE and 380,000tpa LLDPE), 560,000tpa PP, 260,000tpa PVC,

 

 

215,000tpa PET and 140,000tpa PS. In the fertiliser segment, Malaysia has capacities of 1.32mntpa ammonia and 1.34mntpa urea. It also hosts 1.77mn tpa of methanol capacity, with Petronas subsidiary Petronas Methanol (Labuan) dominating the market.

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