"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."
4/10/18, www.chemanager-online.com

"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."
23/11/28, www.process-worldwide.com

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?

• 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!

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