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Turkey Petrochemicals Q2 2019

Key View:

Despite Turkey's overall economic woes, its petrochemicals industry has managed to sustain growth and is set to seestrong growth in a broad range of petrochemicals and polymers over the forecast period. In 2018, Fitch Solutions estimates thatTurkey's production of chemicals and chemical products grew 7.6% y-o-y, while rubber and plastic products grew 3.4% y-o-y. Petkimis pressing ahead with a massive petrochemicals programme involving a USD10bn cluster modelled on Singapore's Jurong IslandIndustrial Zone, which should triple petrochemicals capacity to 10mn tpa by 2023 and raise the value of petrochemicals exportsfrom USD1bn in 2012 to USD5bn by 2023.

Key View
Petrochemicals SWOT
Industry Forecast
Macroeconomic Forecasts
Downside Risks Easing As Turkey Heads Into A Recession
Industry Risk/Reward Index
Europe Petrochemicals Risk/Reward Index
Turkey Petrochemicals Risk/Reward Index
Market Overview
Industry Trends And Developments
Company Profile
Turkish Petroleum Refineries Corporation (Tüpras)
Regional Overview
Europe Overview
Global Industry Overview
Turkey Demographic Outlook
Petrochemicals Glossary
Petrochemicals Methodology

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