General
The report under analysis was conducted by the Petrochemicals Market Intelligence (2021) and addressed the opportunities of encouraging the development of the petrochemical industry in Egypt. The general coverage of the issue appears to be quite decent, with a range of areas such as the solvent industry being addressed. The diversity of sub-specialties is also rather broad, with key aspects related to the petrochemical industry being covered. The design of the report, namely, the decision to structure it as a string of articles addressing different aspects of the industry, allows covering a broad range of concerns, which contributes to the value of the report.
In turn, the language used in the paper is clear and concise, which allows for quick reading comprehension and makes it easy for different types of audiences to approach the presented information. However, the report also features professional terminology, which might complicate the text perception for some readers. The graphics and charts have also been developed in the way that helps to convey critical information fast and draws the viewers’ attention to vital information. For example, the use of color-coding in the charts helps to discern between different types of information. Finally, the report offers a perfect flow of ideas, making information easy to perceive. The key ideas, such as the solvent industry background and the following description of the market are arranged naturally and organically.
Strategic
From a strategic perspective, the paper meets its goals effectively, communicating the crucial data about the petrochemical industry in Egypt. Namely, the main message of the report is successfully communicated in the third paragraph, which specifies that Egypt has a plethora of resources for expanding its petrochemical industry and entering the global market (Petrochemicals Market Intelligence, 2021).
Furthermore, the information represented in the report aligns with the main strategic objective. Specifically, the authors of the report make it abundantly evident that they strive to help Egypt enter the global market. In turn, the accurate descriptions of the state of the petrochemical business in Egypt set expectations and provide a roadmap of Egypt’s future development. Specifically, the authors should be credited for addressing the challenges related to the coronavirus.
Furthermore, the report covers all of the major topics associated with the petrochemical industry. Namely, the specifics of the supply chain, the supply and demand rates, possible obstacles, and vital financial records are provided in the report, thus, helping readers develop a clear concept of Egypt’s economic potential. Additionally, based on the provided evidence, Egypt might face challenges associated with the improvement of its supply chain. Specifically, the bonds broken due to Covid-19 need to be replaced with other economic interactions. However, Egypt may still consider a partnership with countries such as Kuwait in order to expand its petrochemical industry and develop the competitive advantage needed for the global market.
The issues covered in the report, specifically, the challenges of entering a specific niche of the global market, are relevant for other countries as well. For instance, the experience of Kuwait in the specified industry shows that the process of entering the global petrochemical industry requires large investments into the development of the supply chain and the appropriate inventory. Therefore, Egypt will require a large competitive advantage and the support of global partners.
Technical
Overall, the report is composed professionally; however, the lack of references that could support its statements might seem to be an issue. Specifically, the report does not mention any other authority except itself when providing the statistical data concerning the recent changes in the Egyptian economy. For this reason, adding several credible sources could be an improvement.
Nevertheless, the report features a number of opinions from experts in the related fields, which increases its credibility significantly. Namely, evidence from the Chairman for Chemical Export Council, the Market Intelligence & Analytics Team Leader, and the Vice President in Commercial & Business increases the trustworthiness of the paper to a significant extent. Moreover, despite being clearly separated, the textual information and the statistical data are closely interrelated, which makes reading and understanding the report exceptionally easy. Similarly, the financial analysis in the paper is quite robust. The paper features comparisons of prices across Africa and shows price differentials across different time spans. With key financial data represented in a basic and easily perceivable manner, the report makes a generally positive impression.
Reference
Petrochemicals Market Intelligence. (2021). Challenges remodel petrochemicals. MCS.