Purvin & Gertz Completes 2010 Edition of Five-Year Outlook of East-of-Suez Petrochemical Feedstock Market Outlook

HOUSTON, Jan. 20, 2011 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI) announces the completion of the Five Year Outlook of the East-of-Suez (Asia & Middle East) Petrochemical Market Outlook, a jointly developed study with strategic alliance partner Purvin & Gertz, Inc. The study, which covers the years 2010 – 2015, includes a detailed analysis of the condensate, crude, petrochemicals and LPG markets, and their impact on the East-of-Suez naphtha market.

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This study provides clients with the information and analysis necessary to make informed decisions for the years ahead, especially with the latest uncertainty in the pace of global economic recovery, excess capacity situation, project delays and cancellations.  The value of this analysis can be found in the use of sophisticated models, forecasts, and the interpretation of the data.  Issues facing the industry that are discussed in the analysis include:

• Supply/Demand outlook for naphthas and condensates in the Asia and Middle East regions, with key country detail
• Sensitivity of the East-of-Suez naphtha balance with cracker operating rates
• Heavy naphtha, LPG and Condensate market outlook
• Sustainability of attractiveness of Middle East crackers
• Crude market outlook, highlighting non-OPEC production increases
• Ethylene & Propylene market outlook
• Benzene & Mixed Xylenes market outlook
• List of refining, olefin cracker and reformer projects believed to be commissioned over the next five years, which Purvin & Gertz and CMAI believe are firm to be completed

CMAI is the premier provider of Market, Planning and Business Advisory services offering a unique combination of consulting analytics and expertise for the global chemical, plastics, fibers and chlor-alkali industries. With offices in Houston, New York, London, Dubai, Dusseldorf, Bangkok, Singapore and Shanghai, CMAI has provided expert business advisory services to a broad base of companies across multiple value chains and geographies since 1979.  Clients to CMAI services include chemical and oil companies, technology & EPC companies, banking and financial institutions, plastic converters, textile & apparel manufacturers, brand-owners, grocers/retailers, government agencies and trading companies. 

Founded in 1947, Purvin & Gertz, Inc. is an independent energy industry consultancy with headquarters in Houston, Texas and an international network of offices in the United States, Canada, South America, Europe, the Middle East, Russia and Asia. Purvin & Gertz provides services for the crude oil, petroleum refining, natural gas, LPG, NGL, petrochemicals and power generation industries.

For more information on the Five Year Outlook of the East-of-Suez (Asia & Middle East) Petrochemical Market Outlook visit Purvin & Gertz's website at www.purvingertz.com  or contact N. Ravivenkatesh by phone (65) 6227-2758 or email [email protected].

SOURCE Chemical Market Associates, Inc.