"Formosa Plastics Corporation, U.S.A. announced to invest more than $1.7 billion atits Point Comfort, Texas site, USA, in new Olefins and Low Density Polyethylene (LDPE) facility." [14 March 2012, source: 2b1stconsulting.com] "Players in Asian markets are bracing for the upcoming start-up of several new capacities, primarily in China and India, which will add just under 2 million tons/yearto the region's cumulative PP production capacity. In addition to new capacities from China and India, another 700,000 tons/year of new PP capacity is set to come on-line in Russia and South Korea. South Korea's Honam Petrochemical was planning to start up a new 200,000 tons/year PP plant in April while Russia's Sibur is planning to start up a new 500,000 tons/year PP plant in Tobolsk, Siberia later this year." [4 May 2012, source: plastemart.com] Several investments and expansions are taking place in the olefins industry. Qatar Petroleum International has formed a joint venture with PetroVietnam, Vinachem, Siam Cement Group (SGC), Thai Plastic and Chemicals to build a petrochemical complex in the Long Son Island in Vietnam. This complex will include production units for Polyethylene(PE) and Polypropylene(PP). Indian Oil has increased production at their new cracker complex in Haryana, expanding output in polyethylene(PE) and polypropylene(PP). Find out more personally from Indian Oil at the conference regarding cracker project updates and India's rapid growth in the polyolefins market! Sibur is also developing a cracker and PE complex in Tobolsk, which already has ongoing propane dehydrogenation (PDH) and polypropylene (PP) project. CITCO (Shanghai) Trading will be explaining in detail the petrochemical market situation in Russia and Sibur's plans for the next few years. Looking downstream, hear from Unique Plastic Co., Ltd as their Managing Director talks about Thailand's film packaging market and explains what is driving the growth for HDPE/LDPE/LLDPE films. There has also been an increased interest in recycled polymer resins from brandowners as well as resins suppliers. The main concern was the low quality of such recycled resins, however improvements in technology has enabled the conversion of such resins into high value applications. Learn more from Nextek Limited as the speaker expounds on the recycling market, recycled polyolefins for food packaging and designing virgin polyolefin resins for re-use and recycling. CMT's 13th 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. | Multiple Benefits Gained from
Expert Panel |
- Find out the current status and forecast of Asia's economic outlook
- Learn more about the ethylene boom in China
- Feedstock market dynamics and the impact of shale gas on supply and prices
- Propylene market outlook and increasing trend for on-purpose propylene plants
- Updates to coal-to-olefin project developments in China
- Opportunity and growth prospects in the BOPP market
- Find out about the expanding olefins & polyolefins markets in India & Russia
- Zoom in on PP Market Trends & Products Development in Asia
Register online at www.cmtevents.com
with your team today! 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, olefins/polyolefins
producers, plastics processors,
polymer additives companies,
machinery suppliers,
consulting firms |
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