2015

Statistics - Petroleum and

Petrochemical

PETROLEUM PETROCHEMICAL

Petroleum Institute of Thailand

http://www.ptit.org

Petrochemical

Asian Cracker Shutdown/Turnaround/Reduced Operating Rate: April 2015 - March 2016

Country/Company Location

Capacity

2015 2016
(KTA) Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

10%

20%

10%

30%

20%

25%

20%

15%

20%

25%

20%

China
CNOOC & Shell PC (CSPC)
Huizhou, Guangdong 950
BASF-YPC
Nanjing, Jiangsu
750
Dushanzi PC
Dushanzi, Xinjiang
220
Dushanzi PC
Dushanzi, Xinjiang
1,000
Jillin Petrochemical
Jilin, Jilin
850
Moaming Petrochemical - No.2
Moaming, Guangdong 640
Panjin Ethylene
Panjin, Liaoning
180
PetroChina
Pengzhou, Sichuan
800
Sinopec Yangzi PC
Nanjing, Jiangsu
800
Japan
10%
Asahi Kasei
Mizushima
500
Idemitsu Kosan
Chiba
374
Idemitsu Kosan
Tokuyama
623
JX Nippon Oil and Energy Corp
Kawasaki
460
Keiyo Ethylene
Chiba
740
10%
Maruzen Petrochemical
Chiba
520
Mitsubishi Chemical
Mizushima
500
Mitsubishi Chemical - No.2
Kashima
489
Mitsui Chemicals
Chiba
612
Mitsui Chemicals
Osaka
450
Sumitomo Chemical
Chiba
415
Tonen Chemicals
Kawasaki
540
Tosoh Corp
Yokkaichi
527
India
Reliance Industries (RIL)
Nagothane, Mah
500
Indonesia
Chandra Asri
Cilegon
600
Philippines
5% 5%
JG Summit Petrochemical
Batangas
320
Singapore
Shell Chemical
Pulau Bukom
800
ExxonMobil
Jurong 1,000
South Korea
Lotte Chemical
Daesan
1,050
LG Chem
Daesan
1,000
Samsung Total PC
Daesan
1,000
Yeochun Naphtha Cracker Centre (YNCC) - No.1 Yeosu
857
Yeochun Naphtha Cracker Centre (YNCC) - No.2 Yeosu
578
Taiwan
CPC Corp - No.4
Kaohsiung
385
CPC Corp - No.6
Kaohsiung
720
20% 5% 5%
Formosa Petrochemical Corp (FPCC) - No.1 Mialiao
700
20% 5% 5%
Formosa Petrochemical Corp (FPCC) - No.2 Mialiao
1,030
20% 5% 5%
Formosa Petrochemical Corp (FPCC) - No.3 Mialiao
1,200
Thailand
PTTGC I-1
Map Ta Phut
460
PTTGC I-4/1
Map Ta Phut
515
PTTGC I-4/2
Map Ta Phut
400
Rayong Olefins
Map Ta Phut
800
Percentage of ethylene output contraction* 6.2% 8.8% 4.3% 2.0% 0.7% 0.7% 3.1% 2.8% 1.9% 0.7% 0.0% 0.0%
Note: = shutdown = operating rate reduction (Assume 100% operating rate)
= planned maintenance shutdown/turnaround
*Percentage of ethylene output contraction is calculated from ethylene contraction devided by total ethylene capacity in each month.
East Asia (including Australia) ethylene capacity = 58,353 KTA in 2014 and 64,326 KTA in 2015
As of November 2015

30

PTIT FOCUS

Statistics - Petroleum

Thailands Petroleum Balance

2015 vs 2014 (January-October)
2015

2014

Change

IMPORT

PROCUREMENT
CRUDE
Middle East
Far East
Other
CONDENSATE 1/
NATURAL GAS

INDIGENOUS

873.9
582.7
170.5
120.7
8.9
226.3

794.6
526.5
69.5
198.6
6.7
177.0

10.0%
10.7%
145.4%
-39.2%
32.7%
27.8%

(mmscfd)

(1,504.2)

(1,179.2)

163.9

141.5

15.8%

35.5

75.8%

(mmscfd)

(1,146.4)

(975.7)

(mmscfd)

(357.8)

(203.5)

SUBTOTAL 1,109.1
CRUDE
150.4
For Domestic
150.4
For Export
CONDENSATE
96.3
For Domestic
96.3
For Export
NATURAL GAS 617.1
(3,611.6)

978.3
132.0
124.1
7.8
94.4
94.4
641.2

(3,750.5)

13.4%
14.0%
21.2%
-100.0%
2.0%
2.0%
-3.8%

513.0

520.2

-1.4%

(2,968.6)

(3,003.6)

(mmscfd)

Onshore &
Gulf of Thailand
(mmscfd)

MTJDA

(mmscfd)

62.3

104.0

(643.0)

121.0

(746.9)

SUBTOTAL 863.8
867.5
REFINED PRODUCT IMPORT
LPG
40.7
65.8
IMPORT

(tons/day)

Gasoline
Jet Fuel
Diesel
Fuel Oil
Bitumen
SUBTOTAL

(3,492.9)

12.5
0.1
2.4
2.8
1.0
59.5

IMPORT (%)
57.5
INDIGENOUS (%) 42.5
TOTAL

2014

2,032.4

(5,652.8)

17.4
0.1
6.8
6.9
1.0
98.0

-14.0%
-0.4%

Gasoline
Kerosene
Jet Fuel
Diesel 3/
Fuel Oil
Bitumen
SUBTOTAL

(3,930.2)

190.4
23.4
121.1
450.9
98.3
23.6
953.5

(3,704.1)

168.4
18.0
109.8
397.1
97.1
19.3
852.9

13.0%
30.2%
10.3%
13.5%
1.2%
22.1%
11.8%

REFINED PRODUCT
CONSUMPTION
LPG 7/

SEVEN GAS SEPARATION PLANTS WITH

COMBINED CAPACITY OF 2,785 MMSCFD 4/
Sales Gas
288.0
284.9
1.1%
(mmscfd)

(1,651.5)

(1,633.3)

(tons/day)

(7,662.3)

(7,641.2)

LPG 5/

NGL6/
SUBTOTAL

89.3

18.7
395.9

(tons/day)

NGL
Gasoline
Kerosene
Jet Fuel
Diesel
Fuel Oil
Bitumen
SUBTOTAL

(tons/day)

(1,068.8)

2014

Others
21.1%

Change

186.6

211.0

16.5
164.0
0.2
102.4
373.9
34.4
16.2
894.1

12.9
144.6
0.2
93.3
361.1
36.2
12.7
871.9

28.1%
13.4%
2.9%
9.8%
3.5%
-4.9%
27.2%
2.5%

(16,015.9) (18,115.1)

89.0

0.3%

19.7
393.5

-5.1%
0.6%

13.1

-4.8%

4.6%

1.7
27.6
0.3
27.3
98.0
63.8
7.8
227.6
-

NATURAL GAS CONSUMPTION

EGAT
208.0
221.5
(mmscfd)

(1,289.3)

(1,370.3)

(mmscfd)

(1,128.2)

(895.1)

(mmscfd)

(752.4)

(700.9)

(mmscfd)

(650.0)

(718.1)

(mmscfd)

(368.1)

(343.9)

IPP

SPP

NGV
(1,122.6)

(90.0)

(29.2)

6.7
25.3
0.4
18.8
71.0
65.1
7.3
194.9

7.8 -100.0%
-

BCP
10.1%
Esso
11.6%

SUBTOTAL
(mmscfd)

TOTAL

174.1

125.3

111.3
54.7

673.4

(4,188.0)

IRPC
4.9%

Chevron
6.9%

PTTRM
6.0%
IRPC
3.1%

Gasohol 91 E10
68 KBD

1,567.4

22.4%

118.6

5.7%

116.7

-4.7%

56.0

-2.5%

655.1

2.8%

1,527.0

PTT
31.0%

Others
7.4%

PTT
34.5%

Shell
13.4%

PTTRM
5.7%

Thaioil
17.8%

BCP
21.1%

PTT
44.7%

202.8

Thaioil
6.3%
PTTRM
3.5%
IRPC
7.3%

Others
3.1%

PTT
34.0%

BCP
11.7%

Shell
13.2%

12.2%

ULG 95
8 KBD

Shell
5.0%

Esso
4.7%

Esso
15.6%

Chevron
7.2%
BCP
11.6%

PTT
42.9%

Chevron
13.7%

Others
1.5%

Chevron
2.3%

227.6

Others
3.2%

Susco
Dealers
3.5%

Susco
3.5%
PTTRM
8.5%

Shell
12.5%

Esso
14.9%

Chevron
9.8%

BCP
15.0%

Esso
8.7%

2.6%

Gasohol 95 E10
59 KBD

BCP
12.6%

Gasohol E20
27 KBD

Others
3.1%

PTTRM
4.9%

Thaioil
6.3%

-6.1%

142.3

(4,028.3)

Shell
9.3%

Esso
13.4%

Source: DOEB, DMF, PTT

Note: 1/ For refinery run only - not including condensate import as petrochemical feedstock of 16.5 kbd for the specified period for 2015 and 23.8 kbd for 2014
2/ Capacity includes those of BCP, ESSO, IRPC, PTTGC, SPRC, THAIOIL and excludes PTTGC's condensate splitters & Fang refinery.
3/ Base diesel - not including Methyl Ester (biodiesel B100) of 20.5 kbd for the specified period for 2015 and 19.7 kbd for 2014
4/ Capacity includes those of PTT/GSP 1-6, PTT/ESP and PTTEP Siam/Phalang Phet.
5/ Not including propane & butane production of 24.3 kbd for the specified period for 2015 and 25.3 kbd for 2014
6/ Including NGL from DPCU
7/ Not including propane & butane consumption of 28.7 kbd for the specified period for 2015 and 28.3 kbd for 2014
7/ Including LPG consumption in household, industrial, transport and petrochemical sectors and own use (refinery fuel & feedstock)
- Natural gas unit in kboed are converted from heating values (mmbtu); therefore, the changes for kboed and for mmscfd are/may not be the same.
- Excluding naphtha
- This petroleum balance covers mainly fuel products; the difference between procurement and sum of consumption & export is due to: inventory, loss of production & storage, and measurement.
Please note that complete monthly PTIT FOCUS Statistics can be downloaded from PTIT Website: www.ptit.org

-74.8%
9.5%
-27.1%
45.7%
38.0%
-1.9%
5.7%
16.8%

IRPC
3.8%

Main refined products

(gasoline, kerosene & Jet,
diesel, fuel oil, LPG*)
815 KBD

PTT
37.2%

Chevron
7.3%

Industries
PETROCHEMICAL PLANT
LPG
12.4

2015

REFINED PRODUCT
EXPORT
-11.6%
1.0
0.34 208.2%

CONDENSATE FOR EXPORT

55.4
44.6
1,943.9

Change

CRUDE FOR EXPORT

-38.2%
-28.0%
-4.0%
-64.4%
-59.7%
1.7%
-39.3%

2014

DOMESTIC CONSUMPTION / EXPORT

SIX REFINERIES AND ONE CONDENSATE

SPLITTER WITH COMBINED CAPACITY
OF 1,082 KBD 2/
LPG
45.8
43.1
6.1%
(tons/day)

2015

Change

DOMESTIC PRODUCTION
(Exclude Naphtha from Refinery)

Piped Gas
LNG

2015

Unit: NATURAL GAS: KBOED

OTHER PRODUCTS: KBD

Thailands Domestic Market Sale Volume & Market Share

October 2015

Diesel
355 KBD

Shell
11.2%

Susco Dealers
2.4%
Others
10.6%

Kerosene & Jet

102 KBD

Esso
11.5%

WP
20.1%

PTT
45.0%

Chevron
18.1%
Shell
11.5%

PTT
34.6%

LPG*
155 KBD

PAP
3.3%
SCG
Chemicals
10.1%

UGP
11.5%
Siam Gas
9.8%

Source: DOEB
Note: * not including propane 10.1 kbd and butane 0.1 kbd

PTIT FOCUS

32

Statistics - Petrochemical

Thailands Major Petrochemical Import/Export

PETROCHEMICALS
METHANOL
POLYACETALS
ETHYLENE
POLYETHYLENE Sp.gr. < 0.94
POLYETHYLENE Sp.gr. > 0.94
ETHYLENE DICHLORIDE
VINYL CHLORIDE
PVC
ETHYLENE GLYCOL
PROPYLENE
POLYPROPYLENE
PROPYLENE COPOLYMERS
METHYL ACRYLATE
PMMA
ACRYLONITRILE
CUMENE
PHENOL AND ITS SALT
PHENOLIC RESIN
EPOXIDE RESINS
POLYCARBONATES
BUTENE AND ITS ISOMERS
BUTA-1, 3-DIENE & ISOPRENE
SBR
BUTADIENE RUBBER
BENZENE
STYRENE
EXPANSIBLE POLYSTYRENE
POLYSTYRENE
ABS COPOLYMERS
POLYURETHANE
CYCLOHEXANE
CAPROLACTAM
POLYAMIDE
TOLUENE
O-XYLENE
PHTHALIC ANHYDRIDE
P-XYLENE
TEREPHTHALIC ACID
PET/POLYESTER RESINS
MIXED XYLENE ISOMERS
XYLOLE

OCTOBER 2015

IMPORT CIF VALUE
EXPORT FOB VALUE
(TONS) (1,000 BHT)
(TONS) (1,000 BHT)

55,717
542,270
12
1,196

1,673
141,094
5,149
244,256

-
16
3,511
106,260

24,583 1,285,096
104,155 4,855,705

12,351
556,375
104,150 4,519,056

35,897
390,730
0
27

-
-
13,771
328,443

7,407
288,293
35,871 1,167,277

11,203
327,382
10,423
251,158

1,641
32,724
3,832
96,138

11,088
579,346
34,297 1,468,219

9,183
551,838
33,993 1,519,083

14
642
-

524
60,181
583
54,139

3,072
128,525
9,223
329,179

-
-
-

7,642
254,172
998
24,628

2,213
211,262
173
17,271

1,890
344,838
4,739
489,120

1,715
244,496
39,284 2,878,771

1,025
33,473
1,906
40,126

0
2
4,152
110,905

11,847
693,773
6,986
391,633

1,330
91,953
2,978
169,677

0
2
23,499
543,921

4,697
163,647
3,993
140,419

1,219
76,113
2,549
108,759

1,889
103,900
5,832
213,291

11,889
769,070
6,831
427,998

3,557
424,606
522
67,992

32
1,435
0
44

386
17,344
1,104
53,669

7,368
760,148
6,618
506,575

0
66
20,858
485,314

-
2
1,903
46,771

1,913
53,578
1,264
32,637

4,767
146,312
23,818
674,284

-
1
45,476
965,285

3,675
157,805
27,988
915,337

0
24
-

0
62
6,011
176,394

JANUARY-OCTOBER 2015

IMPORT CIF VALUE
EXPORT FOB VALUE
(TONS) (1,000 BHT)
(TONS) (1,000 BHT)

543,888 5,764,408
106
9,670

18,776 1,508,677
54,618 2,533,618

19,721
747,137
63,315 2,338,514

223,487 11,781,887 1,064,337 49,833,968

116,229 5,334,957 1,010,143 43,739,709

350,801 4,003,526
1
103

-
-
68,453 1,566,823

96,543 3,457,705
307,910 9,687,217

162,146 5,168,284
44,366 1,150,917

10,377
314,693
163,285 4,284,352

97,951 5,198,093
412,339 17,469,893

97,511 5,757,212
320,232 14,693,084

245
11,358
-

4,511
490,804
5,355
448,724

29,477 1,401,075
49,843 2,148,213

0
46
-

117,422 4,034,002
41,620 1,275,551

20,867 2,150,964
2,746
295,080

21,645 3,415,662
44,469 4,607,046

23,541 3,023,678
333,278 25,380,408

21,706
697,219
39,141
887,285

12,513
393,094
70,158 2,142,842

104,042 6,349,032
70,477 3,850,647

17,621 1,046,677
31,943 1,753,113

1
287
508,918 12,527,257

73,920 2,717,678
32,452 1,191,351

14,353
966,097
15,199
761,935

25,599 1,365,154
48,037 1,849,304

109,470 8,273,086
76,861 4,818,149

40,205 4,263,115
4,967
539,295

369
20,335
38,703
991,821

6,138
338,743
21,093 1,190,442

69,013 7,309,032
64,245 4,998,812

16
2,809
194,053 4,741,240

3
240
20,161
512,336

20,067
633,277
15,494
439,807

110,754 3,246,696
384,809 11,282,079

6
260
690,519 14,917,642

42,286 1,684,700
297,520 10,910,108

2
553
0
8

10,893
254,080
55,173 1,469,821

Source: Customs Department

Note: 1. Data shown as - mean no import nor export

2. Data shown as 0 mean quantity and/or value less than 0.5

Thailands Major Polymers Import/Export

October 2015

Export Destinations
Others
22%

Hong Kong
2%
Bangladesh
2%
Philippines
4%
Malaysia
4%
India
4%

USA
3%
UAE
3%
China
6%

China
28%

Indonesia
10%
Australia
6%

Japan
9%

Vietnam
9%

Total Export Volume = 367,042 tons

PTIT FOCUS

Others
8%

Singapore
18%
Saudi Arabia
15%

Taiwan
7%

Source: Customs Department

Note: Major polymers include PE, PP, PS, ABS/SAN, PVC and PET

34

Import Sources

Qatar
3%

Malaysia
10%
S.Korea
13%

Japan
14%

Total Import Volume = 87,113 tons

Statistics - Petrochemical

Naphtha CFR Japan

Dubai Crude

w1:Nov-15

w1:Oct-15

Jun-15

Feb-15

Oct-14

Jun-14

Feb-14

Oct-13

Jun-13

Feb-13

Oct-12

Oct-11

Jun-12

w1:Nov-15

w1:Oct-15

Jun-15

Feb-15

Oct-14

Jun-14

Feb-14

Oct-13

Jun-13

Feb-13

Oct-12

Jun-12

Weekly

PP (Film) & Propylene Spread

Propylene CFR SEA
PP (Film) CFR SEA

PP (Raffia) CFR SEA

PP (Injection) CFR SEA

Asia HDPE, LDPE, LLDPE, PP, PVC & PS Price Movement

October 2011 - 4th week of November 2015

HDPE Film CFR SEA

PVC CFR SEA

LLDPE Film CFR SEA

PP Film CFR SEA

w1:Nov-15

Jun-15

Feb-15

Oct-14

Jun-14

Weekly

Feb-14

Oct-13

Jun-13

Feb-13

Monthly

w1:Oct-15

$/ton
2,100
1,900
1,700
1,500
1,300
1,100
900
700
500
300
100
-100
Oct-12

w1:Oct-15

Jun-15

Feb-15

Oct-14

Jun-14

Feb-14

Oct-13

Jun-13

Feb-13

Oct-12

Jun-12

w1:Nov-15

Crude Price ($/bbl)

130
Weekly
120
110
100
90
80
70
60
50
40
30

Monthly

Feb-12

Monthly

Oct-11

October 2011 - 4th week of November 2015

Oct-11

$/ton
2,100
1,900
1,700
1,500
1,300
1,100
900
700
500
300
100
-100

Naphtha CFR Japan

Dubai Crude

Asia P-Xylene, Naphtha & Dubai Crude Price Movement

P-Xylene & Naphtha Spread

P-Xylene FOB FEA

October 2011 - 4th week of November 2015

Oct-11

w1:Oct-15

Jun-15

Oct-14

Feb-15

Jun-14

Feb-14

Oct-13

Jun-13

Feb-13

Oct-12

Jun-12

Feb-12

Oct-11

Benzene & Naphtha Spread

Benzene FOB FEA

LDPE Film CFR SEA

HDPE Film CFR SEA
LLDPE Film CFR SEA

Asia Propylene & PP (Film, Raffia & Injection) Price Movement

w1:Nov-15

Crude Price ($/bbl)

130
Weekly
120
110
100
90
80
70
60
50
40
30

Monthly

Weekly

HDPE (Film) & Ethylene Spread

Ethylene CFR SEA

Jun-12

October 2011 - 4th week of November 2015

$/ton
2,100
1,900
1,700
1,500
1,300
1,100
900
700
500
300
100
-100

Monthly

Naphtha CFR Japan

Dubai Crude

Asia Benzene, Naphtha & Dubai Crude Price Movement

$/ton
2,100
1,900
1,700
1,500
1,300
1,100
900
700
500
300
100
-100

$/ton
2,100
1,900
1,700
1,500
1,300
1,100
900
700
500
300
100
-100
Feb-12

Jun-15

Oct-14

Feb-15

Jun-14

Feb-14

Oct-13

Jun-13

Feb-13

Oct-12

Jun-12

Feb-12

Oct-11

Ethylene & Naphtha Spread

Ethylene CFR SEA

w1:Oct-15

Crude Price ($/bbl)

130
Weekly
120
110
100
90
80
70
60
50
40
30

Monthly

October 2011 - 4th week of November 2015

w1:Nov-15

$/ton
2,100
1,900
1,700
1,500
1,300
1,100
900
700
500
300
100
-100

Asia Ethylene, HDPE, LDPE & LLDPE (Film) Price Movement

Feb-12

October 2011 - 4th week of November 2015

Feb-12

Asia Ethylene, Naphtha & Dubai Crude Price Movement

LDPE Film CFR SEA

PS CFR SEA

Source: Industry Surveys

PTIT FOCUS

35