Pudong Shangri-La Shanghai
Facing the global downturn : Alert for blind spots and improving positions
The recent collapse in global energy and commodities prices drastically impacted the economics of the phenol chain economics. Benzene prices has collapsed and propylene markets remain weak. Such uncertainty lead to volatile swings in the phenol/acetone supply resulting in excess capacity. With most economies going into recession, solvent demand for acetone is expected to slow and acetone supply will most likely outpace demand. Some experts have forecasted the next upturn in the next 18 months, what will players need to do to reposition their businesses. Will mergers & acquisitions become more prevalent as markets worsen?
Challenges abound in the polycarbonate and BPA sectors. Following increased concerns over the usage of polycarbonate in water bottles, demand has been impacted. To add to the problem, the optical media sector that makes up the bulk of polycarbonate demand has been on a steady decline due to lifestyle changes. The automotive sector is also in the slumps thus affecting polycarbonate demand. What strategies can be taken to manage these challenges?
How is the outlook for the other derivatives namely MMA, Phenolic Resins & Epoxy Resins markets? Are there any bright spots to lift the gloom? CMT's 6th Phenol/Acetone & Derivatives Markets conference helps to address some of your most critical concerns. Network with other likeminded peers and experts from the industry and share insights on overcoming the crisis today. Register online at www.cmtevents.com or send in your query to emily@cmtsp.com.sg
10 Reasons to attend CMT's 6th Phenol/Acetone & Derivatives Markets Conference
Enjoy a special fee with group registration of 3 or more!
You will network with
Presidents, MDs, SVPs, VPs, GMs/Managers from Commercial/Foreign Trade,
Sales & Marketing, Market/Business development departments,
Planning/Business Analysts, Global Sourcing, Procurement Heads,
Plant Managers, Traders of Petrochemicals (Olefins/Aromatics),
International & regional Phenol/Acetone, Derivatives (Bisphenol A (BPA),
Polycarbonate (PC), MMA, Phenolic resins & Epoxy resins), Solvents,
Consulting companies, Financial Institutions/banks, Additives &
Technology companies and Bulk liquid Shipping/Logistics/Storage companies
"A good networking and learning platform for phenol business"
~ Dorothy Wan, Consultant, Strategy for raw materials, BayerMaterialScience Ltd
"All aspects of phenol/acetone well covered!"
~ Helmut Schmidt , Vice President Sales & Marketing for Europe, Ineos Phenol
"Good conference well organized, covering almost all topics linked with Phenol/Acetone"
~ Edward Lv, Lead Buyer, Rhodia China