Marktanalyse - Advanced Petrochemical and Bayegan to Form Polypropylene Joint Venture in Turkey - Deal Analysis from GlobalData

Advanced Petrochemical and Bayegan to Form Polypropylene Joint Venture in Turkey - Deal Analysis from GlobalData


Summary


Advanced Petrochemical Company, a Saudi polypropylene producer and Bayegan Group, a Turkish trading company, have signed a Memorandum of Understanding (MoU) to jointly establish a polypropylene plant in Turkey. Advanced Petrochemical will have a 70% stake in the joint venture while Bayegan will have the remaining 30% stake. Construction of the polypropylene plant will start from the second quarter of 2013 and commercial operation is expected to start in the fourth quarter of 2015. The plant, with an initial investment of approximately $1 billion, will have an annual production capacity of 0.5 MMtpa.

The joint venture will seek to benefit from Advanced Petrochemical’s expertise in polypropylene production and Bayegan’s distribution network. Advanced Petrochemical already owns an integrated polypropylene complex in Saudi Arabia and is striving to achieve higher growth by directly establishing production facilities in the fast growing markets. Bayegan will also complement its partner in the joint venture using its strength in trading and distribution of chemicals, petrochemicals, steel products and other commodities in the domestic and international markets.


Scope

- Rationale behind Advanced Petrochemical and Bayegan for polypropylene joint venture
- Strategic Benefits for Advanced Petrochemical and Bayegan
- Geography covered - Brazil
- Deal Financials and Valuations


Reasons to buy

- Develop a sound understanding of the major M&A's, partnerships and joint ventures taking place in petrochemical industry
- Identify the most lucrative segments to leverage on the growth opportunities available in the petrochemical industry
- Take better decisions based on detailed analysis of the deal
- Know about the major companies, which are adopting a divestment or acquisition

1 Table of Contents

1 Table of Contents 1

1.1 List of Tables 1

1.2 List of Figures 1

2 Summary 1

3 Advanced Petrochemical and Bayegan to Form Polypropylene Joint Venture in Turkey 1

3.1 Deal Overview 1

3.2 Deal In Brief 1

3.3 Joint Venture in Turkey will Expand Advanced Petrochemical’s Market Beyond Saudi Arabia 2

3.4 Planned Plant will Satisfy Polypropylene Demand from the Fast-Growing Automotives Sector 2

3.5 Joint Venture will Enable Advanced Petrochemical to Replace Polypropylene Imports with Domestic Production 3

3.6 Deal Financials and Valuations 4

3.6.1 Companies Involved 4

3.6.2 Detailed Partner Information 4

3.6.3 Detailed Partner Information 4

4 Appendix 5

4.1 Bibliography 5

4.2 Methodology 5

4.2.1 Coverage 5

4.2.2 Secondary Research 5

4.2.3 Primary Research 5

4.2.4 Expert Panel Validation 6

4.3 Contact Us 6

4.4 Disclaimer 6





1.1 List of Tables

Table 1: Advanced Petrochemical Company, Petrochemical Plant Details, 2012 2

Table 2: Turkey Automotive Industry, Production (Million Units), 2001-2012 3

Table 3: Turkey Polypropylene Industry, Imports (MMtpa), 2001-2011 3

Table 4: Companies Involved 4

Table 5: Partner Information 4

Table 6: Partner Information 4





1.2 List of Figures

Figure 1: Turkey Automotive Industry, Production (Million Units), 2001-2012 2

Figure 2: Turkey Polypropylene Industry, Imports (MMtpa), 2001-2011 3

• Petrochemicals Annual Deals Analysis M&A and Investments Trends - 2012
• Russia Petrochemical Industry to Expand Substantially Amid Government’s Diversification Plans
• China Petrochemical Industry to Maintain Demand Growth in the Long Term Despite Ongoing Slowdown
• France Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Japan Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Petrochemical Industry in the US - Abundant Feedstock Supply from the Shale Reserves to Revive the US Petrochemical Industry
• The UK Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Brazil Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Canada Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Taiwan Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Canada Petrochemicals Industry - Modified Ethane Policy and New Pipeline from the US to Enhance the Ethane Supply
• Korea Petrochemicals Industry Outlook to 2016
• Thailand Petrochemicals Industry Outlook to 2016
• Malaysia Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Poland Petrochemicals Industry Outlook to 2016 - Market Size, Company Share, Price Trends and Capacity Forecasts
• Refined Petroleum Products - Africa
• Refined Petroleum Products - Americas
• Refined Petroleum Products - Argentina
• Refined Petroleum Products - Armenia
• Refined Petroleum Products - Asia