Cambodia Power Q1 2019
The Bulgarian petrochemicals industry is set to remain small and uncompetitive over the next five years with little foreigninterest in investing in a high-risk business environment. While polymer production has seen strong growth despite rising feedstockprices, the fertiliser sector remains vulnerable to supply-side shocks in the form of gas feedstock restrictions from Russia. While thecountry has sought to diversify feedstock sources, it will remain dependent on Russia for gas and at the mercy of regional oil politics,which will deter investment in the petrochemicals industry. As such, growth in petrochemicals consumption is likely to beincreasingly served by imports.
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