Radisson SAS Hotel - Dubai Deira Creek
How will the Gulf tip the balance in the world’s olefins & polyolefins markets?|
Soaring crude prices…slowing global economy ... Challenges ahead
As crude continues to new highs sparking inflation woes and protests, global markets stay volatile as the world economy slows. How will the economic dynamics of the Middle East interplay with global markets? Against this backdrop of weak sentiment, the Middle East continues its petrochemical ambitions.
The announcement by Saudi Aramco and Total to create the Jubail Refining and Petrochemical company is the latest project announced. (Source: Reuters, June 22) Last year in North Africa, Egypt unveiled aggressive plans for its petrochemical industry. The entire region’s increasingly pivotal role in the olefins and polyolefins markets makes it crucial to monitor the progress of these projects. Hear from major stakeholders on their perspectives of capacity additions in Saudi Arabia, Abu Dhabi, Kuwait, Egypt & Iran.
Maximising yield and looking at alternative feedstock is becoming more important especially in today’s volatile energy markets. How can the latest MTO advances help improve margins for producers in the industry ?
China and India, some of the main markets for the Middle East, have also been relentless in their own capacity expansions to feed demand. Are they on the road to self-sufficiency or will they continue to drive consumption?
Polymer parks and industrial clusters have sprung up in the Gulf as part of efforts to develop its downstream industries. As investments in sectors from BOPP, etc in these parks pour in, how will this impact the olefins and polyolefins industry?
Explore these and more at CMT’s 6th MENA Olefins & Polyolefins Markets Conference. Sign up with your team at www.cmtevents.com today and be part of the action! For further queries, email sasha@cmtsp.com.sg
Attend CMT’s 6th MENA Olefins & Polyolefins Markets Conference to:
• Keep abreast of the latest cracker developments in : Saudi Arabia, Abu Dhabi, Kuwait, Iran, Eygpt
• Review the latest MTO technology advances and projects
• Look into BOPP market developments and its growth outlook
• Focus on progress of polymer parks & downstream processing sector
• Decipher the influence of Middle East gas pricing and its impact on the industry
• Review China and India’s appetite and if they are on the road to self-sufficiency
• Analyse strategies to manage rising freight costs and hence increase efficiency of the supply chain
• Analyse where the new frontiers of LDPE Tubular and Autoclave Technology lie
• Gain fresh insights from the movers and shakers of the industry
• Enjoy over 6 hours of networking opportunities
You will network with
• CEOs • MDs • Regional Directors • Commercial Directors
• Business Development Directors/Manager • Marketing Managers
• Technology Licensing Managers • Marketing Managers • Plant Operation Managers
• Corporate Planners • Plastics Converters • Bankers • Packaging film
• Logistics/SCM Firms from Petrochemical & chemical industry, polyolefins producers, plastics processors, polymer additives & catalyst companies, EPCs, machinery suppliers, consulting firms and many more
Borouge, a leading provider of innovative, value creating plastics solutions and an initiator of the global “Water for the World Program”, is sponsoring a crucial networking reception at a 6th MENA Olefins & Polyolefins Markets conference on 11-12 November in Dubai that aims to explore how the dynamics in the gulf will fare amidst the recent financial turmoil in Wall Street, weak market sentiment even as Middle East continues its petrochemical expansion ambitions.
On June 22 2008 Saudi Aramco and Total announced plans to create Jubail Refining & Petrochemical Company.
At the 2 day premier event, industry majors in the Gulf region are expected to unveil their expansions plans and maps the direction of the olefins and polyolefins trade. It will showcase how players in the olefins and polyolefins industry can prepare themselves for a rough economic ride ahead as volatility increase and markets slow.
With cost cutting and improving margins becoming even more crucial for players to survive, among the key topics to be discussed include how freight rates can be minimized and how technology improvements in polyolefin production can provide efficiencies.
Invited to contribute their companies’ perspective on critical issues and insights on the challenges as well as opportunities ahead are key executives from • Borouge Pte Ltd • Lydonell Basell •Oriental Petrochemicals • Shell Chemical ME • BNP Paribas • Mitsubishi Chemical Corp • Equate Petrochemical Company • Rowad National Plastic • Inge Steensland AS - • Sinopec • National Petrochemical Company of
Those wanting to network with players from Saudi Arabia, Abu Dhabi, Kuwait, Iran, Egypt , Europe, China and India should consider participating CMT’s 6th MENA Olefins & Polyolefins Markets or contact Grace Oh at email: grace@cmtsp.com.sg and tel: 65 63469147 for more details on the event
10 Oct, 2008
Despite falling crude oil prices, challenges still remain as
02 Oct, 2008