Algeria Petrochemicals Report Q2 2015

Business Monitor International
February 4, 2015
73 Pages - SKU: BMI5465458
Countries covered: Algeria

Algeria Petrochemicals Report Q2 2015

Fertiliser production is increasing in Algeria with a third major complex coming onstream in 2015, butolefins and polymers production will remain small following the cancellation of the planned Arzewpetrochemicals complex.

Petrochemicals have major potential as Algeria looks to reduce its reliance on raw commodity prices. Itsmain value-added products are methanol and fertiliser. Petrochemical exports amount to around two-thirdsof Algeria's non-hydrocarbons exports, but hydrocarbons comprise 95% of the country's total exports.

Algeria has the fourth-largest oil reserves and second-largest gas reserves in Africa but production hasplateaued in recent years.

Algeria's petrochemicals market is likely to witness a steady improvement in growth in 2015. This isdriven mainly by domestic demand and public investment activity.



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