Evolving Silicone Markets 2008-09

18 Mar 2008 - Wacker Silicones has further expanded its locations at Nünchritz (Saxony) and Zhangjiagang China). The division is thus responding to huge demand for silicone, a   truly general-purpose material.     (Source: www.wacker.com)

25 Apr 2008 - Dow Corning has announced the opening of a multi-million dollar investment in a new silicone rubber plant to support growing demand from customers in Asia.  (Source : www.chemie.de)

The future looks bright for the silicone industry as majors posted record sales and earnings in their fiscal reports this year. Plans to expand were also announced to meet demand that has increased tremendously, especially in Asia. Will the future continue to look as positive despite weaker market sentiment brought about by the recession in USA and growing inflation woes elsewhere in Asia ?

Bluestar silicones has announced price increases of 7%-15% for its products from 1st April 2008 onwards (Source: Chemical Week, May 5 2008). Will price increases of key raw materials (Methanol, Silicon, Platinum, etc) including utility costs continue unabated and to what extent?  How will these market dynamics shape the silicone industry ?
      
Other than devising a roadmap for more efficient cost management, players also need to continuously innovate to gain a bigger market share. What are some of these new trends in silicone liquids, silicone rubber, etc? As technology advances, silicone is also increasingly used in a growing myriad of applications in personal care, textiles, automotive E&E, etc. What are the end user’s perspectives in these sectors and business opportunities present for silicone players?

Key Reasons to be at CMT’s 2nd Global 2008 Silicone Business Outlook:

• Assess the growth potential of the silicone industry in the two giants of Asia’s fastest growing economies: India & China.

• What are the latest emerging applications and growth potential in South Korea’s silicone industry ?

• Keep abreast with the latest advances and trends in the silicone industry

• What is the role of formulators in the global silicone industry ?

• Gain insight from raw material suppliers on the market dynamics in : Methanol, Platinum & Silicon and devise a roadmap for better cost management.

• Hear end users share their expectations and trends in : personal care, automotive, textiles, etc

• Network with key stakeholders from the silicone, raw materials (platinum, methanol, silicon metal, etc), additives, catalysts, formulators, technology providers, fumed silica, end users, etc.

A good networking platform, this is an event you cannot afford to miss ! Sign up with your team at www.cmtevents.com or email your queries to emily@cmtsp.com.sg

YOU WILL NETWORK WITH
• CEOs • MDs • Regional Directors • Business Development Directors/Managers • Technology Directors • Operations Managers • R&D Directors from Silicone manufacturing companies, silicon metal, platinum, methanol, silicone technology providers, end users in Automotive, E&E, Personal Care, Construction, Coating, Medical, Textiles, and all companies involved in the silicone industry