Published in Industrial Products and Chemicals category by MBA Skool Team
Petronas Chemicals is one of the leading brands in the industrial products and chemicals sector. Petronas Chemicals SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Petronas Chemicals:
More than 25 years of experience in the chemicals industry
Production capacity of more than 13 metric tonnes per annum, spanning the entire Malaysian belt
Strong liquidity position due to increasing demand for the company’s products in the international market
Efficient use of resources and strong focus on sustainable growth
Largest petrochemical producer and seller in South East Asia
Above are the strengths in the SWOT Analysis of Petronas Chemicals. The strengths of Petronas Chemicals looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Petronas Chemicals Weaknesses
Declining sales in international territories due to increasing fuel prices and substitutes available for the company’s products.
Decline in operational performance due to labor strikes
These were the weaknesses in the Petronas Chemicals SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Petronas Chemicals Opportunities
Joint ventures with Dow Chemicals and BASF on expansion of specialty chemicals in Malaysia and other parts of South-East Asia
LNG regasification facilities on the Eastern ports of Gurun and Vung Tau in Vietnam
Kimanis Power plant project initiated for the purpose of providing better electricity and power to the South-East Asian countries
Above we covered the opportunities in Petronas Chemicals SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Petronas Chemicals Threats
Stringent laws and regulations for businesses in the oil and gas sector have forced the company to look for different methods of gas refining and production
Fluctuating oil markets with prices touching both the floor and the ceiling have adversely affected the company’s shares in the market
Increasing competition from oil and gas companies, especially in China
The threats in the SWOT Analysis of Petronas Chemicals are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Petronas Chemicals SWOT analysis.
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About Petronas Chemicals
The table below gives the brand overview along with its target market, segmentation, positioning & USP
Market leader in the production of chemicals in Malaysia
Petronas Chemicals STP
Businesses focused on achieving improvement in production capacities and international trade
Businesses in the manufacture of industrial products and in the trade of oil and gas
Leading integrated chemicals producer in Malaysia
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