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Philippines Petrochemicals Q2 2019

Philippines Petrochemicals Q2 2019

Key View:

While chemicals output has grown fast on the back of new capacity, the production of rubber and plastic products isstagnating, indicating weaknesses in the petrochemicals value chain. We have maintained our annual average polymerconsumption growth forecast for 2018-2023 at 7%, putting it more in line with expected industrial growth rates. Downside risksremain, particularly the increasing violent authoritarianism of President Rodrigo Duterte and significant exposure to the Chinesemarket. The business environment appears to be deteriorating as the Duterte administration is more focused on the war on drugsand domestic security threats.

Key View
Petrochemicals SWOT
Industry Forecast
Macroeconomic Forecasts
Philippine Economy Unlikely To Gather Steam In 2019
Industry Risk/Reward Index
Asia Petrochemicals Risk/Reward Index
Philippines Petrochemicals Risk/Reward Index
Market Overview
Industry Trends And Developments
Company Profile
JG Summit Petrochemicals Corporation
Petron Corporation
Regional Overview
Asia Overview
Global Industry Overview
Philippines Demographic Outlook
Petrochemicals Glossary
Petrochemicals Methodology

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