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Israel Petrochemicals Q1 2019

Israel Petrochemicals Q1 2019

Key View:

Israel’s petrochemicals industry saw a mixed performance in H118, but we foresee stronger growth in H218 withsustained output in 2019 amid robust private and public consumption and rising fixed investment. While this should stimulate localconsumption of petrochemicals, the appreciation of the shekel would undermine the competitiveness of local producers. Risingcost of naphtha feedstock due to higher crude prices also poses a risk to profitability. As such, manufacturing growth - on whichpetrochemicals depends for sales - will face limits, curtailing some of the growth in the local market.


Key View
SWOT
Petrochemicals SWOT
Industry Forecast
Macroeconomic Forecasts
Robust Domestic Demand To Support Growth
Industry Risk/Reward Index
Middle East And Africa Petrochemicals Risk/Reward Index
Israel Petrochemicals Risk/Reward Index
Market Overview
Industry Trends And Developments
Company Profile
Bazan Group (Oil Refineries)
Israel Chemicals
Regional Overview
Middle East And Africa Overview
Global Industry Overview
Israel Demographic Outlook
Petrochemicals Glossary
Petrochemicals Methodology

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