16th Phenol/Acetone & Derivatives Markets,

07-08 Mar, 2019 - Shanghai, CHINA

Sofitel Shanghai Hyland

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  • Corporate Sponsor
  • Associate Sponsor
    KBR Technology
  • Coffee Break Reception Sponsor
    Asahi Kasei
  • Promotion Partner
  • Promotion Partner
  • Promotion Partner
  • Promotion Partner
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  • Promotion Partner

“Acetone Length vs Phenol Strength. Asia – Rebalancing Itself!”


"Ineos Plans US Phenol Expansion. The project will lift the plant’s capacity to 850,000 t/y, making it the largest phenol unit in the world."

"ZPC plans to build a new Polycarbonate line at its petrochemical and refinery site on Dayushan Island, PR China. The company has recently licensed EPC’s Variplant technology for the new 260,000-tons/year-production line."

Buying interest for US and EU phenol dwindled after antidumping investigations started 26 March 2018. Although investigations included South Korea, Japan and Thailand, importers were more cautious of procuring American cargoes, given their history of competitive prices compared with Asia-origin cargoes. Buying interest for USA cargoes took a further dip as phenol is included in China’s list of products on which a 10% tariff will apply starting 24 September, amid the trade tensions between China and USA. With the recent 90 day cease-fire on tariff ending by 1st March 2019, will there be a relief for phenol industry?

Acetone oversupply is projected to get worst into 2019 while Phenol demand is expected to strengthen further due to the expansion of downstream facilities & anti-dumping measures on selected countries. These include China Petrochemical Development Corp’s (CPDC) 150,000 ton/year cyclohexanone unit, which is expected to start up in first half of  2019. How are phenol producers going to manage this imbalance and what are the alternative avenue for Acetone?

China’s polycarbonate market is heating up with several new PC plants under construction, including Cangzhou Dahua New Materials Co., Ltd.(CDNM)’s 100kt/yr polycarbonate plant in Cangzhou City and China Pingmei Shenma Group’s (PMSM) two new polycarbonate plants in Kaifeng and Pingdingshan in the Henan Province. However, is the downstream consumption picking up fast enough to absorb all the planned PC capacities?


Attend CMT’s 16th Phenol/Acetone & Derivatives Conference to gain the latest insights in the Phenol/Acetone value chain!
  • Find out from Keynote speaker Ineos Phenol on growing the phenol/acetone business, future directions and project status
  • Join Cepsa Quimica, CNOOC and Shell Petrochemicals Co. (CSPC) and other industry experts to debate on acetone length vs phenol strength – meeting phenol demand while managing acetone surplus
  • Gain insights from leading players the performance of Phenol value chain in China & India
  • Covestro to update on changes in the Polycarbonate market and the role of sustainability in PC business
  • CIB Economic Research and Consulting Co. shares insights on the global economies and impact of US-China trade tensions
  • Cepsa Quimica analyses the global cumene market outlook
  • Jiangsu Sailboat Petrochemicals shares MMA market trends and the demand for acetone
  • Nexant assess the Phenol feedstocks markets – Propylene & Benzene market outlook and trade flow
  • Latest on regional Phenolic resins market from Shandong Shengquan New Materials Co.
  • Discover Diphenol - new emerging applications & project update from Camlin Fine Sciences
  • Gain latest technology update from EPC Engineering & Technologies
  • Industry leaders shares insights on market movement of BPA & Epoxy resins and Caprolactam value chain
  • More than 8 hours of networking with industry’s who’s who!
Register with your team today at www.cmtevents.com to enjoy group discount! Email grace@cmtsp.com.sg for more information.
Comments from last conference in Singapore

"Great Opportunity to meet Phenol / Acetone people to establish new business and to know the market”

“Very good forum for market information and networking”

“My first time to attend the conference and impressed to get such wide range of information that could be shared on the spot” – INVISTA 


“Every presentation is quite useful”
– Asahi Kasei

– Borealis

“This event successfully brings together industry professionals from around the Globe to discuss the market status and future forecasts”
– EPC Engineering & Technologies

Be a Sponsor or Exhibitor!

This event is 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 fiona@cmtsp.com.sg

News Feed

Petro Rabigh to increase sales of polymers and other petrochemicals grades in 2019

Posted on : 12 Feb, 2019

Saudi Arabia's Petro Rabigh plans to start selling more polymers grades and other petrochemicals produced at its phase 2 complex from early 2019.
The products are expected to be ready for the market once the reliability tests are completed. However, it is not clear which polymer grades the petrochemical company will start to sell in 2019.
Petro Rabigh started the phase 2 complex in 2017, that has an integrated 400,000 b/d refinery that produces aromatics, including 1.34 million mt/year of paraxylene and 424,000 mt/year of benzene besides several other downstream products. The facility will use 3 million mt/year of naphtha as feedstock. The phase 2 complex also has units that produce ethylene propylene diene monomer (EPDM), ethylene vinyl acetate (LDPE/EVA), superabsorbent polymer (SAP), caprolactam, nylon-6 and polyols as well as TPO, cumene, phenol, acetone and MMA.
In addition Petro Rabigh’s phase 1 complex produces 300,000 mt/year of high density polyethylene, 600,000 mt/year of linear low density polyethylene, 600,000 mt/year of polypropylene, 700,000 mt/year of monoethylene glycol and 200,000 mt/year of propylene oxide.
Find out more about global phenol acetone and derivatives capacity increase at CMT's 16th Phenol/Acetone & Derivatives Markets on 07-08 March, 2019 in Shanghai.
For more information, Contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.

EPC Group Supplies Technology License to ZPC’s 260 KTA Polycarbonate Plant in China

Posted on : 03 Jan, 2019

EPC Group has been expanding its footprint in Asia, especially in the polycarbonate market. Recently, China’s Zhejiang Petroleum and Chemical (ZPC) announced that it has selected EPC Group to provide the technology license for its second phase polycarbonate project located on Dayushan Island, China.
EPC will be supplying its patented EPC variPLANT® Technology, the extended process design package and the supply of proprietary equipment for the second phase project. The new addition will add another 260 KTA polycarbonate production capacity to phase 1, which is already under construction. The second phase polycarbonate plant is expected to be completed in 2021.
Earlier EPC had also secured a contract to provide a technology license, an extended process design package and the supply of proprietary equipment for a 260 KTA polycarbonate production plant owned by Hainan Huasheng New Material Technology Co. Located at the Hainan Dongfang Industrial Park, the polycarbonate project commenced in Q1 2018 and includes the patented EPC variPLANT® Technology. The polycarbonate plant is expected to be completed in 2020.
More about polycarbonate demand and supply will be discussed at CMT's 16th Phenol/Acetone & Derivatives Markets on 07-08 March, 2019 in Shanghai.
For more information, Contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.

INEOS Phenol's Alabama plant to produce 850,000 TPA

Posted on : 16 Nov, 2018

World’s largest producer of phenol and acetone - INEOS Phenol is planning to expand its plant in Mobile, Alabama USA. The expansion will raise the plant’s capacity up to 850,000 tonnes a year, making it the largest phenol production unit in the world.
The plant is already the largest and most efficient single train plant in USA and the new expansion will meet anticipated growth in demand and meet customers’ long-term needs in North America.
INEOS Phenol is the only phenol and acetone manufacturer that operates production facilities in Europe and America. The company supplies phenol and acetone to several end-user industries such as automotive, construction, electronics and fibre.
For more insights on the phenol and acetone markets, attend CMT's 16th Phenol/Acetone & Derivatives Markets on 07-08 March, 2019 in Shanghai.
For more information, Contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.