Global capacity for biobased chemicals and materials is slated to increase to over 7 million metric tonnes in 3 years time. Lux Research says the trend for funding in bio-based materials and chemicals have moved towards late-stage funding, attracting almost $1 billion of investments. This is supported by the importance placed on bio-based materials by large MNCs across industries, shifting away from R & D towards production as the industry matures. Growth of biobased functional polymers is expected to be on an upward trend to 2020. Shale gas boom in USA has unexpectedly created opportunities for the biobased chemicals industry, with shortage of conventional feedstocks as output of C3, C4, C5 and pygas co-products are reduced as ethylene producers switch to lighter natural gas based feedstocks. What is the impact of the present falling crude oil price on the biobased economy in the short to medium term? How can biobased chemical producers strategize their efforts to maintain competitiveness in current conventional feedstock price conditions? Join the region’s leading players at Biobased World Asia in Bangkok this April when they convene to discuss the latest updates and developments in both chemicals and bioplastics, including strategies for success, access to capital, feedstock and technology. | | | Multiple Benefits and Networking Sessions | - Assess the impact of the current crude oil price and shale gas abundance on biobased chemicals and bioplastics industry
- Understand the market outlook for sebacic acid, succinic acid, isosorbide, PLA, PBS, PEF, bioplastic in Indonesia and more
- Review the strategies for effective partnership and synergy on growing demand from key market players such as Verdezyne & NatureWorks
- Elevance Renewable Sciences will provide updates on the latest biorefinery commercial scale up and joint ventures in Asia
- Evaluate feedstock options, availability, economics and sustainability practices
- Hear from Nestle and Dairy Home as they share their experience and drivers for bioplastics adoption into their existing product lines
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Sign up with your team today to enjoy Group discount!Contact huiyan@cmtsp.com.sg for more information. |
