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"Recovering economies to propel growth"
The credit and financial crisis in the last quarter of 2008 brings new challenges to the petrochemical and refinery industries. The impact is mainly manifested in demand reduction, price drop, unbalanced supply and demand, and great changes in import and export structure. This year was all about the exit from the great recession. As markets recover across the globe and optimism spreads, a wide range of views have formed about the strength and sustainability of the global recovery. Has economic crisis been decisively turned? How deep and long is the trough in the petrochemical cycle expected to be?
"The first half of next year seems to be healthy but after that, it is very hard to forecast," said Hun-Soo Lee, a company official from Yeochun Naphtha Cracking Centre (YNCC), South Korea's largest naphtha cracker operator."
~ November 2009, ICIS.
"The start-up of three new crackers in Southeast Asia by 2010 could lessen the impact from the heavy turnaround schedule, industry sources said."
~ November 2009, ICIS.
Mega projects are starting to come on stream, others are being developed. What are the impacts to the Asian producers with the new capacity expected in the Middle East and how do they manage the feedstock security issues? What are the opportunities in the current economic climate?
Government initiatives and economic stimulus have helped the economy from worsening. If the expected economic recovery materializes, will demand return to pre-crisis levels? What will drive the demand for petrochemical products in coming years? At what point in the future demand and supply will even up?
"A Thai court halted the bulk of new projects at the world's eighth-biggest petrochemicals hub on Wednesday over environmental concerns, rattling investors in Thailand and posing a new challenge for the government."
~ Dec 2009, Reuters
Climate change is one of the most far-reaching environmental concerns the world faces today. Manufacturing industry accounts for more than 36% of global carbon dioxide emissions. CO2 emissions in chemical and petrochemical industry have risen. While questions about the causes and consequences still remain, it is generally accepted that actions have to be taken.
At this pivotal time for the industry, the CMT's 11th Asia Olefins/Polyolefins Markets brings together global and regional leaders to address all these issues, to share their experiences and to map out their visions for the future.
Key Reasons to be at CMT's 11th Asia Olefins & Polyolefins Market
Register online at www.cmtevents.com or contact grace@cmtsp.com.sg
You will network with
CEO, MD, Regional Director, Commercial Director, Business Development Director/Manager/Marketing Manager/Technology Licensing Manager, Plant Operation Manager, Corporate Planner, Converters, Bankers, Logistics Firm, Project Managers From petrochemicals and chemical industry, polyolefins producers, plastics processors, polymer additives companies, machinery suppliers, consulting firms
The dateline to register for the 11th Asia Olefins & Polyolefins conference is less than a week away, and the conference is shaping up to be an important industry-networking platform, with an even mix of participants coming from key sectors across the Olefins and Polyolefins value chain. Here is a breakdown of attendee profiles:
Participants at the 11th Asia Olefins & Polyolefins conference will be able to leverage on the 6 hours of dedicated networking time during the conference, allowing them to maximise networking while staying updated on latest developments!
Interested parties are encouraged to confirm register now and confirm their seats as they’re selling out fast. Simply click on the link below to register.
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Has economic crisis been decisively turned? How deep and long is the trough in the petrochemical cycle expected to be?
11th Asia Olefins & Polyolefins Markets conference meets on 04 - 05 March 2010 in Bangkok to explore the impact of the potential economic recovery on the olefins and polyolefins industry.
The credit and financial crisis in the last quarter of 2008 brought new challenges to the petrochemical and refinery industries including demand reduction, price drop, unbalanced supply and demand, and vast changes in import and export structures.
2010 is all about the exit from the great recession. As markets recover across the globe and optimism spreads, mega projects are starting to come on stream and others are being developed. Government initiatives and economic stimulus are also helping the economy from worsening.
With so many shifts in the global Olefins & Polyolefins industry, many questions are now arising on the strength and sustainability of the global petrochemicals industry recovery. If the expected economic recovery materializes, will demand return to pre-crisis levels? What will drive the demand for petrochemical products in coming years? At what point in the future demand and supply will even up? How will the new capacity expected in the Middle East impact Asian producers? How to manage the feedstock security issues? What are the opportunities in the current economic climate?
11th Asia Olefins & Polyolefins Markets invited a panel of industry experts to address these questions and more during the 2-day conference in Bangkok:
The panel of experts will address the above-mentioned issues, share their experiences and map out their visions for the future. They include key representatives of PTT Chemical Public Company Limited, National Gas Company (Oman), Nippon Oil Corporation, Petrochina Planning & Engineering Institute, Gail Limited (India), Sidi Kerir Petrochemicals Co (SIDPEC), PT Trias Sentosa , Nexant Thailand, RKW LOTUS Ltd, Petrovietnam R&D Center for Petroleum Processing, Petrochina Planning & Engineering Institute, Dubai Multi Commodities Centre (DMCC), LyondellBasell Industries, BASF South East Asia and more.
11th Asia Olefins & Polyolefins Markets will assemble key executives representing the world’s most influential polyolefins producers, plastics processors, polymer additives companies, machinery suppliers, consulting firms and other professionals from the relevant field. The event will offer an opportunity for participants to exchange ideas and attain valuable knowledge of the olefins and polyolefins sector.
Those who wish to confirm their participation, or submit sponsorship or media exchange enquiries for the 11th Asia Olefins & Polyolefins Markets conference can do so here!
The 11th Asia Olefins & Polyolefins Markets conference is putting Vietnam’s rapidly growing Petrochemical industry in the spotlight. Vietnam has embarked on an ambitious program to build two world-scale petrochemicals complexes by 2013, with recent multi billion dollar investments from Qatar Petroleum and Siam Cement marking growing interest in investing in these projects.
Vietnam’s petrochemical industry is small and insufficient to serve local demand, but upcoming projects like PetroVietnam’s petrochemical complex in Dung Quat Economic Zone, the Nghi Son Refinery & Petrochemical complex, and the Long Son Petrochemical complex will mean Vietnam will soon become a major petrochemical producer.
PetroVietnam’s petrochemical complex in Dung Quat economic zone will produce 260,000tpa propylene feedstock & 150,000tpa PP. The entire complex is due to be operational by 2010.
The Nghi Son Refinery and Petrochemical complex with capacities of 150,000tpa of propylene, 150,000tpa of benzene, 480,000tpa of paraxylene and 150,000tpa of PP is one of the two projects expected to come on stream in 2013.
The second project is the Long Son Petrochemical complex with capacities of 1.1mn t.p.a of ethylene, 550,000tpa of propylene, 400,000tpa of VCM, 330,000tpa of PVC and 1.45mn t.p.a of polyolefins.
The 11th Asia Olefins & Polyolefins Markets conference has invited representatives of PetroVietnam Research and Development Center for Petroleum Processing (PVPro) and RKW LOTUS Ltd to discuss latest petrochemical developments in Vietnam, and address domestic PP and PE markets and developments.
Those keen on participating in 11th Asia Olefins & Polyolefins Markets on 4-5 March 2010 in Bangkok, can submit their registrations online. >>Click here to access the registration form.<<
The 11th Asia Olefins & Polyolefins Markets conference will meet on 04-05 Mar, 2010 in Bangkok, Thailand to explore the impact of potential economic recovery on the Olefins & Polyolefins industry.
In reference to the markets' bumpy ride in 2009, the focal theme of this 2010 conference will be answering the question, “Will Recovering Economies Rejuvenate Growth in Olefins & Polyolefins?”
Hear from the industry’s most influential names on:
11th Asia Olefins & Polyolefins Markets conference will also provide significant networking opportunities, bringing together leading producers, customers and traders from across the globe.
Coupled with the extensive discussion of the key issues and challenges affecting the olefins and polyolefins industry across Asia, the 11th Asia Olefins & Polyolefins Markets conference is the must-attend event for all executives with a stake in the latest Olefins & Polyolefins trends.
Those keen on participating at the 11th Asia Olefins & Polyolefins Markets as delegates, media partners, exhibitors and / or sponsors can submit your registrations, enquiries and proposals to Ms. Grace Oh at grace@cmtsp.com.sg.
Networking opportunities for 11th Asia Olefins & Polyolefins conference participants. Read on to see who's coming!
Is the olefins & polyolefins sector reviving? Experts speaking at 11th Asia Olefins & Polyolefins Markets conference share insights.
Vietnam Petrochemicals & Polyolefins ‘Showcase’ at 11th Asia Olefins & Polyolefins Markets conference in Bangkok.
11th Asia Olefins & Polyolefins Markets conference shares updates on reviving Olefins & Polyolefins sectors.Speaker Profile(s) |
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Dr. Allison Aschman
Allison has led numerous benchmarking studies, individual project evaluations, and training workshops for a wide range of industries and clients. She has participated in special studies for individual clients and has led Industry-wide studies, including an analysis of the commissioning and qualification phase of pharmaceutical industry projects. In addition, she has developed several research studies presented at IPA's Industry Benchmarking Consortium meeting, including an examination of Respons....
Read more Dr. Allison Aschman, Managing Director, Singapore Office Independent Project Analysis (IPA) Maintaining market competitiveness by optimising capital for your projects - Analysis from research of project practices that drive success for petrochemical projects in Asia Day 2 [Fri 05, March], at 11:55 AM |
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Mr. William Byun
William is a specialist on renewable energy and Asia climate change project development. He had previously served as Managing Director for Renewables and for Climate Change (Asia & Middle East) for the US power company AES, as well as with carbon and private equity firms engaged in the chemicals sector. He had also practiced financial law in New York, Tokyo, Seoul, Jakarta and Singapore. He is a graduate of the universities of London, Michigan and Chicago.....
Read more Mr. William Byun, Managing Director AsiaRenewables Pte Ltd Carbon Credit Markets and the Petrochemicals Industry - Revenue Considerations for Companies Day 2 [Fri 05, March], at 11:20 AM |
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Mr. Wim Hadiwibowo
Wim Hadiwibowo is a Graduate inIndustrial Management and holding a Master of Engineering Science degree from The University of New South Wales, Sydney Australia. He is now a Partner in Kaiser Group which is a petrochemical trading company for the last 2 years. Prior to joining Kaiser, he was the Executive Vice President for Tri Polyta Indonesia, the biggest polypropylene manufacturer in Indonesia. He has more than 15 years of experience in the field of petrochemicals. ....Read more Mr. Wim Hadiwibowo, Partner PT Kaiser Indonesia Chairmans Remark Day 1 [Thu 04, March], at 02:00 PM |
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Mr. Sze Hian Leong
A Wharton Fellow and alumnus of Harvard University, he has authored 4 books, been quoted over 1000 times in the media , and invited to speak more than 100 times in about 20 countries on 5 continents. He has served as Honorary Consul of Jamaica, Chairman of the Institute of Administrative Management, the UNESCO Leadership Chair Council and founding Advisor to the Financial Planning Associations of Indonesia and Brunei. He has 3 Masters degrees in Financial ....
Read more Mr. Sze Hian Leong, Chairman Society of Financial Service Professionals Global Economic Outlook: Reflecting on the Crisis and Implications for the Future Day 2 [Fri 05, March], at 09:10 AM |