Australia

Details

  • Industry: Chemicals
  • Type: Business and industry issue
  • Date: 12/12/2011

Reaction

Reaction is KPMG's Global Chemicals magazine, providing insight into issues affecting the Chemicals industry.

Reaction Magazine: Fifth Edition 

In this edition of Reaction, KPMG International worked with the Gulf Petrochemicals and Chemicals Association (GPCA) to bring you an extended article focusing on the challenges facing the Middle East chemical industry as it seeks to develop downstream, building on its current strength as a hub of global petrochemical manufacturing.
Reaction Chemicals Magazine cover
Download Now
PDF files require Adobe Reader to view

Key insights

  • Regional governments understand the critical need to provide jobs either directly through the public sector or indirectly by supporting economic growth in the private sector.
  • An advantage Gulf Cooperation Council (GCC) producers may have over their competitors in other emerging markets is their long legacy of deal-making in western markets.
  • There is already a new set of downstream chemicals in the pipeline which will stimulate opportunities for developing industrial clusters.
  • Large joint ventures structured to deliver  specific benefits for each party will often involve trading access to feedstocks for proprietary technology.
  • Successful expansion into downstream areas will be heavily dependent on the ability to access, acquire or develop downstream technology.
 

Chemicals & Performance Technologies

KPMG’s Australian Chemicals & Performance Technologies group advises on critical business and industry issues impacting the domestic market.