"Will Propylene Continue
To Be Short?" "Dealing With Higher
Inter-MaterialCompetition!" According to Townsend Polymers, the consumption of Polypropylene in Central/Eastern Europe bounced back with an amazing growth of 21.5% last year, on account of higher domestic and export demand for plastic products, following a decline of -7.1% 2 years ago. Strong GDP growth averaging 4.1%/year is projected for the next five years. This growth ise supported by ongoing industrialization and infrastructure development as well as strong demand growth in consumer products and Russia's huge investments in new oriented PP film lines. "The massive Russian conglomerate Sibur Holding JSC is progressing with construction of a previously announced $2 billion petrochemical complex in Siberia that by early 2013 will triple its polypropylene homopolymer production capacity, with much of that output targeted for export to China... Sibur is planning another PP plant - this one with 441 million pounds for copolymers - in Nizhny Novgorod, Russia, that is due to come on stream in 2014 or 2015"
2/6/2011, Plastics news
In terms of capacity, several new PP plants have been brought on-stream in this region over the past few years and six new plants are currently being planned for the region and are scheduled to come on-stream in the coming 4 years. New plants are planned for Russia, Uzbekistan and Kazakhstan. With these capacity additions, how will it impact on trade patterns in the region? The emergence of shale gas in the US has changed the feedstock dynamics, reducing propylene production in crackers by more than 50%. It also has tightened supplies of crude-C4s and butadiene in the US. With light feedstocks expected to dominate cracking economics in the US for the foreseeable future, butadiene, propylene, and polypropylene consumers could be faced with high-priced material and product shortage. How can PP producers secure competitive feedstock in the future? CMT's 6th Global PP Markets & Tech Conference brings together a dynamic leading panel of experts to address pertinent issues in the PP industry.
| Key reasons to attend - Latest forecast on the global economic performance for next year and beyond.
- Find out where propylene feedstock is heading and how to fill the supply gap
- Hear from Sibur the real PP markets in Russia/CIS & future opportunity
- Meet end-users to understand their purchasing strategy and expectations
- Demand markets in Africa, Asia, South America, Eastern Europe/Turkey
- Where are Middle East supply heading to?
- Discover the latest innovation on PP technology
- Innovation & economics of new additives to enhance PP performance
- Structure of PP compounding markets in CEE markets
- Network with leading suppliers, producers and end-users at one place!
Don't hesitate! Sign up with your team today to enjoy group discount. Register online at www.cmtevents.com or contact huiyan@cmtsp.com.sg for more information.
Confirmed Speakers - IHS-CMAI
- Sibur Holding
- Chevron Phillips Chemical Company
- Inno-Compt Kft
- Raiffeisen Bank International AG
- China National Chemical Information Center
- Milliken & Company
- Polyplastic Group
- Balta Group
- SC Rompetrol Petrochemicals S.R.L
- Bayegan Group
- Platts
- LyondellBasell Industries
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You Will Network With: CEOs, MDs, Regional Directors, Commercial Directors, Business Development Directors/Managers, Marketing Managers, Technology Licensing Directors/Managers, Operations Managers, R&D Directors, Corporate Planners fromPetrochemical & Polymer industries, Plastics processors, polymer additives companies, machinery suppliers, consulting firms, converters. |
