5th Propylene Trade & Derivatives Markets,

02-03 Dec, 2013 - Singapore, SINGAPORE

Goodwood Park Hotel Singapore

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"Tap on Rising Opportunities in the Propylene Derivatives Slate amid Shifting Feedstock Dynamics"

 

Secured propylene supply is a vital concern for many industry players. Owing to strong demand growth, the derivative markets are competing fiercely to secure reliable sources. Propylene production is limited. Its output is linked to the production margins of other products – ethylene via steam cracking and gasoline production from fluid catalytic cracking (FCC). The strong growth of the deriatives sector calls for new methods of propylene production.

 

Technology developers are reacting to this potential supply gap as an opportunity. On-purpose propylene production techniques – propane dehydrogenation (PDH), olefins metathesis, methanol to olefins/propylene (MTO/MTP) and enhanced FCC – have been or will soon be exploited commercially.

 

CMT’s 5th Propylene Trade & Derivatives will focus on the payoffs that on-purpose production methods bring. Derivative producers from the PP, phenol/acetone, acrylonitrile, propylene oxide, propylene glycol and acrylic acid sectors will share long-term sector forecasts.

 

Critical sessions include:

  • The US shale gas boom and its Impact on world energy markets

  • On-purpose propylene production in the US/ME and Asia

  • Strategies for naphtha-based crackers to stay competitive

  • Shifting trade flows in the LPG sector

  • Olefins pricing, profitability and plant utilization rates

  • Process selection and optimization

  • Maximizing propylene yield from FCC

  • Alternative route to propylene glycol production

  • PDH, MTP projects in China and their impact on propylene derivatives

  • India’s success story of innovation and integration

  • Shifting polypropylene trade flows

  • End-user applications driving polypropylene growth

  • Managing feedstock costs in the global phenol/acetone market

  • Upstream options, tactical considerations for the South Korean propylene and derivatives markets

  • Deriving the propylene and derivatives forward curve

  • Developments in the global acrylonitrile market

  • Propylene oxide, 2-EH, butanols, acrylic acid market outlook and forecast

Industry News
 
Who Will You Meet
 
Be a Sponsor or Exhibitor!

Revenues of downstream polypropylene converters in GCC to reach $1.34 bil 2016

 

Global automotive plastics revenue to grow to US$46.1 mln by 2018 at an estimated CAGR of 13.4%

 

Japan's Marubeni Signs Deal with Kuwait-Led Refinery

 

China CFR phenol price in the red for 8 months, outlook dim as new plants startup

Participant profile: presidents, CEOs, vice-presidents, commercial directors, R&D directors/managers, purchasing directors/specialists, GMs, financial cost managers/analysts, consultants, economists.

Offering an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.

 

Exhibition / catalogue display can be arranged upon request.

 

Contact nisha@cmtsp.com.sg or

(65) 6346 9130

Industry News

Last year in August 2012, under a joint endeavour BASF, Cargill and Novozymes began to develop a process to convert renewable raw materials into a 100 percent bio-based acrylic acid.

 

This year, they demonstrated the pilot scale production of 3-hydroxypropionic acid (3-HP) – a renewable-based building block and a feasible chemical precursor to acrylic acid.

 

This is a key step in the process as it forms the foundation for production of acrylic acid. Apart from the production of 3-HP, the three companies have also come up with technologies that can enable dehydration of 3-HP to acrylic acid at the lab scale.

 

Although there is still a lot of work left in the project, this pilot demonstration is a significant milestone in the joint venture. The three companies plan to scale the entire process to the next level by next year – 2014.

 

BASF, world’s largest producer of acrylic acid, plans to use the eco-friendly acrylic acid to manufacture superabsorbent polymers that can soak up large amounts of liquid – which are used largely in baby diapers and hygiene products.

 

In the current scenario, oxidation of propylene derived from refining of crude oil helps in the production of acrylic acid for making superabsorbent polymers.

 

Going forward, the three companies plan to commercialise the production of bio-based acrylic acid.

 

The bio-based technology can help diaper manufacturers to get a marketing edge for their products while also achieving their sustainability goals. It can also help these manufacturers meet the demands of huge groups of consumers, especially in the mature markets.

 

To know more about the acrylic acid production, attend 5th Propylene Trade & Derivatives Markets in Singapore on 2-3 December, 2013.

 

More event information and session details are available on the Event Page

 

Forenquiries, please contact Ms. Huiyan at huiyan@cmtsp.com.sg or Tel. +65 6346 9113

 

Read more>>>

07 Nov, 2013

 

Propylene glycol (PG) is used in a variety of consumer and industrial applications as an emulsifying agent, humectant or solvent. But its highest consumption is in the production of unsaturated polyester resins, which will account for 30% of the PG produced globally by end-2017.

 

According to a study by Merchant Research & Consulting Ltd., the demand for propylene glycol (PG) in Asia is slated to increase at an average rate of 8% per year. This projected growth trend, if becomes a reality, will make Asia the fastest growing region. China is expected to lead the PG market by 2017.

 

The global PG production scenario also looks promising as it has seen an increase of 7% from 2010 to 2011. Among the global markets, the emerging markets witness 5% y-o-y rise in the upcoming years. Global leaders in the PG industry such as Dow, Ineos Oxide, Nihon Oxirane Co Ltd, Lyondell Chemical Company, SINOPEC Zhenhai Refining & Chemical Company, SKC Chemicals Group, BASF AG, Archer Daniels Midland Co., Arrow Chemical Group Corp are likely to play a major role in this growth.

 

As of 2011, North America accounted for about 35.5% of the total PG output in the world; and claimed top position in the industry. It was followed by Europe and Asia. But as demands in Asia witness a steady growth, it is expected that the region will take the lead in the future.

 

To know more about growth trends in the PG market, attend 5th Propylene Trade and Derivatives Markets in Singapore on 2-3 December, 2013.

 

For more enquiries, please contact, Ms. Huiyan at huiyan@cmtsp.com.sg or Tel. +65 6346 9113.

 

Read more: 

http://www.prweb.com/releases/2013/8/prweb11057161.htm

http://www.digitaljournal.com/pr/1430249#ixzz2fJfcKagY

 

17 Oct, 2013

 

Propylene, which once used to pose disposal problem for cracker operators, is now a product whose price exceeds its co-product, ethylene. With traditional sources of propylene unable to meet the market demand, doors are opening to new production technologies.

 

While naphtha-fed steam continues to be the dominating technology, the new trend is now to make “on-purpose” propylene from propane by a previously little used process called propane dehydrogenation. According to Mr. Sourabh Mukherjee, head of KBR’s basic engineering design team in India, this technology is offering niche petrochemical producers the opportunity to fill the propylene gap.

 

Mr. Mukherjee referred to North American shale gas as a “game changer” with a huge amount of global interest. He added that least seven mega-projects have been awarded and that the trend for new plants could continue.

 

“This gives a huge opportunity for niche producers to come up with solutions to meet huge propylene demand worldwide,” he said. That’s where we introduce our technology.”

 

To know more about the new strategies for naphtha-fed crackers and technological developments that will aid in maximizing propylene yield attend the 5th Propylene Trade & Derivatives Markets being held in Singapore on the 02-03 Dec, 2013.

 

More event information and speakers’/session details are available on the Event Page.

 

For inquiries, please contact Ms. Huiyan at huiyan@cmtsp.com.sg or Tel. +65 6346 9113.

 

Read more at http://www.hydrocarbonprocessing.com/Article/3229147/Latest-News/IRPC-13-Ethane-cracking-enables-niche-producers-to-fill-propylene-gap.html

 

22 Aug, 2013