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Steering Clear Of Pitfalls In An Uncertain Climate
The business climate remains cautious despite consistent data showing positive growth in Asia's economies. Fears of Europe's debt crisis cast dark clouds over Asia's otherwise bright outlook. How will Asia's economy fare next? Can Asia escape unscathed in an increasingly interconnected global economy?
The petrochemical industry is seeing some of the greatest capacity additions in years. While some projects have been kept on hold, others have gone ahead. How will these influence the balance in the petrochemicals industry? The perennial question of assessing China's demand remains critical for businesses today. Will China continue to consume? How will India's petrochemical industry take shape as its economy grows in importance?
The different value chains in the petrochemical sector are seeing some of the most dynamic developments yet. Demand for the C4 sector remain strong though supply of butadiene remains short. It is also vital to review the olefins & downstream derivatives and see where the arbitrage opportunities are as trade trends change between markets. The aromatics sector remained weak though prices have improved somewhat. It will be useful to review the developments in Paraxylene markets. While Dow has exited the styrenics business, BASF is also looking to divest its styrene business though there is no urgency at the moment. Other players have however remained in the business. (Source: http://www.businessweek.com/news/2010-05-12). Are there still profits in this commoditised sector? How will it perform next?
Against the backdrop of these, petrochemical players must continuously innovate and seek new strategies to manage the price uncertainty inherent in their business. Understand how new HPPO technology can help petrochemical players. Also, get an update on the latest development & trends of bio-based chemicals.
Join key players at the 17th APS (Asia Petrochemical Summit) this year and share perspectives on strategies to manage the uncertainty ahead.
Key Reasons to be at CMT's 17th APS
Mark your calendar and stay connected with your peers at this premier summit.
Sign up with your team to enjoy attractive discounts. Register online at www.cmtevents.com
You'll Network With:
- CEOs - Presidents - GMs - Product/Marketing/Sales Directors - Business Development Managers
- Executives & Traders from Feedstock / Olefins / Aromatics / Plastics Companies
- Coal & Natural Gas Companies - Refineries, Additives and Catalyst Companies
- Industry/Energy Consultants - Project Financiers - Technology Licensors
- International Engineering & Contracting Firms supporting the energy industries