19-20 Sep, 2011 - Phuket, THAILAND
Hilton Phuket Arcadia Resort & Spa
Hilton Phuket Arcadia Resort & Spa
When is the Next Upturn?
As the petrochemical industry continues its recovery from the recession, everyone is anxious to know when the upturn is going to kick in and if the prediction of a supercycle is truly taking place.
On other hand, some Asian countries are slowly gaining a stronger traction in the petrochemical market. Vietnam is one such emerging player by establishing herself as a low-cost production hub with downstream processing and conversion industries. Refinery and petchem projects are finally back on track after much delay and will only come onstream a few years later. India is the next biggest petrochemical hub after China with a strong downstream market growth. What are some of the recent government incentives and regulations and how would it aid or impede the growth? After the March disaster in Japan, how are the various chemical sectors coping and what is the road to recovery for these Japanese petrochemical producers?
Due to the abundance of shale gas in US, some companies have announced plans to expand or build new petrochemical capacity. How viable is shale gas as an alternative feedstock to naphtha, LPG etc. and what is the potential of investment by these companies for export?
| Key Reasons to be at 18th APS:
You will network with CEOs , Presidents, GMs,
Confirmed Speakers: - Gaffney, Cline & Associates (Consultants) Pte Ltd - Mitsubishi Corporation - LanzaTech Inc. - Purvin & Gertz - Nexant Thailand Ltd. - Ongc Petro Additions Limited (OPal) -DSM Engineering Plastics Asia Pacific - IRPC Public Company Limited - Petroleum Institute of Thailand - KBC Advanced Technology Pte Ltd - Reliance Industries Limited - Vietnam National Chemical Corp(Vinachem) - Association of Petrochemical Industry Corporation (APIC) |
CMT’s 18th APS brings together top-caliber industry players to share their expertise and perspectives on the theme: When is the Next Upturn?
A must-attend for anyone operating in the petrochemical industry, 18th APS aims to examine the issues impacting on business today and in the future. To be held in Phuket on19-20 September 2011, 18th APS offers delegates face-to-face networking with various movers and shakers in the industry.
A year ago, our highly successful 17th APS held in Singapore on 20-21 September 2010, was attended by experts hailing from over 13 countries, representing specific sectors as indicated below:
And this 2011’s event turn-out is expected to be even bigger and more impressive!
For more information or queries on participation, email huiyan@cmtsp.com.sg
08 Aug, 2011
Kingdom plans to increase exploration by 28% to ensure sufficient output reserves to meet consumption. Higher prices and stronger demand from Asia, especially quake-hit Japan and China, increased Saudi Arabia's exports of petrochemicals by 39 per cent in May over the same period last year.
According to the latest report by the Department of Statistics and Information, the kingdom's petrochemical exports jumped to 4.80 billion riyals (Dh4.70 billion) in May from 3.45 billion riyals a year earlier.
Petrochemicals accounted for 34 per cent of non-oil exports valued at 13.8 billion riyals in May. Plastics made up 30 per cent of the exports, the data placed on the department's website showed.
The kingdom reported a 20 per cent growth in shipments of petrochemicals in April amid higher demand from Asia.
(Source: Gulf News, 15 Jul 2011)
CMT’s 18th Asia Petrochemical Summit (APS) is set-out to include discussions on the feedstock market dynamics and trends in Asia and in particular, a presentation on the topic:“Middle East: Feedstock & Production Outlook” by Mohammad Hassan Peyvandi, Secretary General from Association of Petrochemical Industry Corporation (APIC), Iran.
Mr Peyvandi will share his views on:
- Plants utilization rate forecast
- Global supply/demand balance
- Future trade flows
- Impact of political instability in ME/NA & the impact on economic development
APIC, Iran is one of the many distinguished companies speaking at the 18th Asia Petrochemical Summit.
For more information on the conference agenda, please click here.
29 Jul, 2011
Japan's petrochemicals industry suffered a severe blow when the country was hit by an earthquake and tsunami on 11 March 2011. Many petrochemicals complexes were immediately shut down, along with severely damaged nuclear plants and oil refineries in northeastern Japan.
Nuclear emergency was declared in Japan after the explosion in the Fukushima nuclear power plant. Two months after the tsunami, the country's petrochemicals industry is still recuperating from the damage caused by the disaster.
As petrochemicals production in Japan has decreased in the past 2 months, its exports will decrease significantly. This provides an opportunity for other Asian producers such as Korea, to increase their market. Petrochemicals production is expected to remain low for at least one year because of inadequate power generation caused partly by the closure of all nuclear power plants on Japan's Pacific coast. Crude oil refineries are also struggling to meet the increased demand in the reconstruction period.
After the March disaster in Japan, how are the various chemical sectors coping and what is the road to recovery for Japanese petrochemical producers? Henceforth how will the petrochemical feedstock market look like?
To address these concerns, 18th Asia Petrochemicals Summit will field industry expert, Mr. Takashi Naemura, Deputy GeneralManager of Mitsubishi Corporation to share with us his views on:
Japan’s Petrochemical Road to Recovery - Production capacity & status update post-disaster
Scheduled for19-20 September 2011 in Phuket, the conference will provide an independent, all-round update on the petchem value-chain and opportunities in an uncertain market.
For more information on other topics and speakers line-up, click here. |
12 Jul, 2011
Asian butadiene prices face downward pressure over the second quarter as several producers of downstream products either shut their respective plants for planned maintenance or cut their runs.
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18th APS (Asia Petrochemical Summit) in Phuket,19-20 Sep 2011 has secured Mr. Makarand Dixit of Ongc Petro Additions Limited, to address the Butadiene situation in Asia and zoom into the key drivers for growth, demand/supply trend, and assess the high crude C4 price against availability.
Besides Ongc Petro Additions limited, the18th APS has also enlisted other distinguished speakers from:
Reliance Industries Limited Gaffney, Cline & Associates (Consultants) Pte Ltd Mitsubishi Corporation Association of Petrochemical Industry Corporation (APIC), Iran Purvin & Gertz KBC Advanced Technology Pte Ltd Nexant Thailand Ltd. VIETNAM NATIONAL CHEMICAL CORP - (VINACHEM) LanzaTech Inc. DSM Engineering Plastics Asia Pacific (HQ) IRPC Public Company Limited
<<<Full agenda is now available!>>> and registrations can be submitted online at www.cmtevents.com
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23 Jun, 2011
Clean energy technology company LanzaTech is partnering with LCY Chemical Corporation (LCY), one the world’s leading chemical companies, to identify key bio-based chemicals to produce for global fuels and chemicals markets.
LCY, a billion dollar enterprise, is fully integrated and operates in Taiwan, China, Japan, Qatar and the United States.
With potential global revenue for bio-based chemicals and plastics forecast at US$15billion (€11.4bn) by 2020, LanzaTech is fast tracking the commercialization of its chemical production process so it can integrate in to the distribution chain.
“Bio-based chemicals are currently one per cent of global chemicals production, but that is expected to increase to nine per cent during the next 10 years,” Dr Holmgren says. “LanzaTech and LCY will produce key bio-based chemicals, creating new products and revenue streams for both companies.”
With the recent hype surrounding bio-based chemicals, 18th APS (Asia Petrochemical Summit) in Phuket, 19-20 Sep 2011, is certainly well-timed to shed light on the prospect of bio-based chemicals and growth potential via exclusive sessions with key speakers on its panel. As a matter of fact, among the early speakers to confirm his contribution at this 1.5 day event is Mr. Prabhakar Nair, Vice President of Business Development with Lanza Tech!
Details on his presentation topic as well as those of other invited speakers are currently being finalized and would be published soon. In the meantime, please contact Huiyan at huiyan@cmtsp.com.sg for any questions or to request notifications once final program is available.
27 May, 2011
Around 150,000 tons of naphtha will be shipped from the Middle East to the West, as per Reuters. The Middle East will export three naphtha cargoes west to Europe and USA instead of East to Asia, in a rare reversal of the usual arbitrage flows, as European naphtha prices flip to a premium at Asian levels this week.
(Source: Plastemart, 11 April 2011) |
Following the shutdown of crackers in Japan after the recent disasters, demand for naphtha in Asia remains weak for the present time. Top concerns abuzz in the petchem industry include how Japan’s petrochemical industry will recover, and how long will it take for naphtha demand to return to pre-existing levels?
Answers to above will be provided by experts at the 18th APS (Asia Petrochemical Summit) on 19-20 September 2011 in Phuket. Delegates at the conference can expect analysis from local producers on Japan’s petchem industry’s road to recovery, as well as reviews from global players on the petchem investment climate in other Asian markets including: Vietnam, India, China, Middle East and Indonesia.
The program is currently being finalized and will be available shortly. In the meantime, one may contact Fu Huiyan at huiyan@cmtsp.com.sg for any assistance in pre-registration and/or participation as a speaker.
29 Apr, 2011
