09-10 Nov, 2010 - Dubai, U A E
Radisson Blu Hotel, Dubai Deira Creek
Radisson Blu Hotel, Dubai Deira Creek
Seeking High Growth Markets As Expansions Firm
Many of the Middle East cracker expansions are now back on track after delays during the worldwide financial crisis in 2008-2009. (Menafn-the peninsula, May 2010 & www.arabianoilandgas.com, April 2010). Another player with new capacities coming on is Borouge , around which 8.5m tones/year cracking capacity is expected to be onstream. (www.arabianbusiness.com, June 2010). It has not been an easy road for these Middle East players and they are proving more resilient amid challenges of limited feedstock supplies, volatile economic situation, EPC costs, etc. How will the market dynamics shape up next year? What are the challenges and strategies to compete in the global arena?
China and India are crucial markets as they are buyers of the olefins and polyolefins products whilst producing their own. Despite recent global economic slowdown, the two economic giants are still showing amazing growth and demand but can they continue to absorb the Middle East capacities?
The search for growth continues and other markets that are creating a buzz are the Turkish market and Africa markets. Turkey, one of the important upcoming manufacturing sites in Europe, is particularly interesting. Having a limited local production, Turkey has to import most of its polyolefins to meet their increasing demand. How will the polyolefins consumption trends shape up in the mid-long term?
The African polyolefins markets continue to draw interest due to their close proximity to Middle East. Evaluate how these markets will evolve despite immense challenges.
While forecasting demand trends and gathering market insights are vital success factors, players will also need to know the best logistics and supply chain solutions to bring their products to their customers efficiently. What are the optimal solutions available? Learn how you can devise innovative strategies to meet your logistics challenges.
Explore these and more at CMT's 8th 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 sharm@cmtsp.com.sg
Reasons to attend CMT's 8th MENA Olefins & Polyolefins Markets Conference
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
Carbon Holdings of Egypt has let a project management consultancy contract to Foster Wheeler USA Corp. for a polyethylene facility at a petrochemical complex it is developing in Ain Sokhna, Egypt. The facility is due on stream in 2015. at Ain Sokhna with capacities of 450,000 tpy each. One train will produce high-density polyethylene. Two swing lines are to produce linear low-density polyethylene and high-density polyethylene. to evaluate the proposed construction of a steam cracker complex at Ain Sokhna capable of producing 400,000 tpy of propylene and 900,000 tpy of ethylene from naphtha.
Source: http://www.ogj.com/Carbon Holdings award polyethylene project to Foster Wheeler Oct 19, 2010
To evaluate how changing polyethylene capacities will affect industry demand/supply balance in the Middle East and North African regions, and what impact this may have on current and future market outlook, the 8th MENA Olefins & Polyolefins Markets conference has invited Mr. Stewart Hardy, from Nexant Chemsystems, to provide a well-rounded overview on:
“The Middle East & North Africa Polyolefins Scenario”
For further details on program agenda and the rest of speaker line-up for event simply <Click here>. And those keen on participating in the conference can contact Angelia at angelia@cmtsp.com.sg for assistance. |
27 Oct, 2010
The Middle East and North African region is well poised to become the world's petrochemical hub, building on its cost-advantaged feedstock position, rising demand for petrochemical products globally and the efforts of regional governments to expand the sector with a slew of massive capacity addition exercises.
"The increasing capacity additions in the MENA petrochemical sector, sustainably supported by governments' plans to diversify their economies, have been instrumental in the sector's growth over the past few years. The fact that the MENA region is an ideal location for petrochemical production is also likely to support growth in the sector going forward. The region's proximity to demand-dense areas such as Asia led by China and India offers significant logistics advantages for petrochemical manufacturers," said Shailesh Dash, Founder and Chief Executive of Al Masah Capital.
Long-term demand outlook for petrochemical products points to a very positive future, supported by rising consumption rates in emerging economies of Asia, primarily China and India, both who are key end-user markets for petrochemical products, having robust investment pipelines in infrastructure projects and eye catching growth in the building materials and fixtures market.
The 8th MENA Olefins & Polyolefins summit in Dubai is set to provide delegates with the latest updates and developments on the Middle East & Africa polyolefins scenario, as well as key sessions examining the regional markets in China, India and more. Those with keen interest to further their investments in these areas are expected to register for this event.
For more information on the conference, click here or contact Angelia at angelia@cmtsp.com.sg or +65 6345 5701.
18 Oct, 2010
China may become dependent on petrochemicals imports in the long run as it plans short term measures to curb over-capacity, according to a new analysis by Business Monitor International (BMI).
However, there are growing concerns that the industry is growing too fast, yet lagging behind in terms of efficiency and cost competitiveness. In response to concerns raised in industry circles, the China Petroleum and Chemical Industry Association (CPCIA) has set out plans for the restructuring of the petrochemical industry.
The guidelines recommend that China increase its ethylene output to between 21- 23mn tpa by 2015, which is below the 24.7mn tpa BMI forecasts for 2014 based on current confirmed plans.
If implemented, the strategy could lead to the cancellation or delay of two or three ethylene crackers and associated downstream units. "While we caution that China will face over-capacity amid a short-term downturn in demand growth, we believe that in the long-term the limits proposed for cracker capacity could make the country more import-dependent and erode its competitiveness," BMI said in its analysis. (PRLog)
Source: CommodityOnline
In light of the above changes in China’s Petrochemical sector, the 8th MENA Olefins & Polyolefins conference is proud to announce a special presentation addressing:
Is China’s Growth Sustainable? How will the Petrochemical Industry Perform as Cooling Measures Set In?
Presenter: Ms. Shu Zhao Xia, Deputy Chief Engineer
China Petroleum & Chemical Corporation (SINOPEC)
The conference agenda provides an overview of the growth and developments in the global olefins and polyolefins markets.
Check out the latest schedule here. For further enquiries on media, speaking, and/or sponsorship opportunities, contact Sheilla at +65 6346 9115 or email her at sheilla@cmtsp.com.sg.
03 Oct, 2010
BOPP Industry Powerbase Shifting from West to East -
Report
The study concludes the Middle Eastern BOPP (bio-axially oriented polypropylene) segment is expected “to emerge as a significant regional production centre in the future, doubling its size in the next three years”.
A major factor in this expansion is supported by governments in the region to downstream industries which are seen as adding value to oil assets. PP resin production, film extrusion, flexible packaging and food processing are all industries targeted for expansion in the region, said the report.
“Middle Eastern BOPP film producers are confident of strong regional demand growth from flexible packaging customers and increased opportunities to export volume based on their lower costs of production,” said report author Simon King.
The report predicts that between 2009-2014 there will be a “strategic shift in the balance of power away from the traditional suppliers of BOPP film”.
Previous market leaders such as Treofan and ExxonMobil, have already had to make room for new players such as Dubai-based Taghleef Industries and others emerging in India and China. In the last five years, Taghleef has invested in new low-cost equipment and also bought regionally based assets such as Radici Film, to emerge as one of the world’s largest BOPP film producers with a world-wide network of supply.
Source: Food Production Daily
The BOPP market is gaining a significant presence in the Middle East, as regional demand continues to increase.
8th MENA Olefins & Polyolefins Summit is pleased to include in our panel of experts Mr. Pradeep Tyle, CEO of Film, Flex Middle East FZE, invited to address topic on “Growth Outlook of BOPP Film Markets in the MENA Region” thus sharing new insights and the latest developments in the markets now.
Click here to view the full list of topics to be addressed at the conference.
For more information or enquiries on registration as delegates, media partners, exhibitors, and/or sponsors, email Sheilla at sheilla@cmtsp.com.sg or contact her at +65 6346 9115.
22 Sep, 2010
Roy Vardheim, CEO of Borouge announced that they are in the process of starting up the ethane cracker and polyethylene plant. The plant is reportedly the world’s biggest ethane cracker with 1.5 million tonnes (annually).
Vardheim said ‘It takes time. It’s a very complex operation, (and) you need to ramp up slowly... so you start with easier grades and then you gradually transfer to the difficult grades... We are also starting the biggest olefins conversion unit (of) 750,000 tonnes, converting ethylene to propylene.’
He mentioned that it will take between 12 – 18 months to ramp up production to full capacity.
Borouge will also start two polypropylene plants as part of the second – phase expansion project in the next few months. Each plant has an expected yearly production capacity of 400,000 tonnes of polypropylene.
Read full article here (Arabian Business).
In view of their expertise and experience we are delighted to announce that the 8th MENA Olefins & Polyolefins summit has secured a key executive from Borouge, to present the paper on “Ensuring a robust supply as you expand” which will shed some insights into efficient supply chain strategies for companies taking on the expansionary route.
The 8th MENA Olefins & Polyolefins summit will also provide valuable overview of the market dynamics and the latest industry developments in Saudi, Qatar, Kuwait, Turkey, Egypt, Africa, China, India and more.
Click here for the recently launched agenda!
15 Sep, 2010
This year’s 8th MENA Olefins & Polyolefins takes a peek at the latest dynamics in global markets and emerging high growth markets. To date we have confirmed contributions from the many high level speakers for this event on 9 – 10 November 2010, in Dubai.
Chief among them are:
Other senior managerial level presentations will be led by Deputy Chief Engineer, SINOPEC, Vice President, Nexant, Vice President Services & Strategy, LyondellBasell, CEO, Flex Middle East, Senior Representative, Borouge to name a few...
More speakers and discussion topics will be posted online very soon so do keep a close watch on the events webpage or contact the 8th MENA Olefins & Polyolefins team here to be updated with the latest on the event via email.
Those keen on participating as delegates, media partners, exhibitors, and/or sponsors at the 8th MENA Olefins & Polyolefins on 9 – 10 November 2010; submit your enquiries to Sheilla at +65 6346 9115 or email her at sheilla@cmtsp.com.sg
25 Aug, 2010
8th MENA Olefins & Polyolefins meets this November 2010 in Dubai and features high level speakers from Oriental Petrochemicals, Haldia Petrochemicals, JX Nippon & Energy...Click here to view list of experienced speaker panel.
15 Sep, 2010
Borouge starts phase two expansion at its Ruwais plant. Hear first hand experiences from Borouge at the 8th MENA Olefins & Polyolefins summit this 9 – 10 November in Dubai.
15 Sep, 2010
