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Be a Host

14th Phenol/Acetone & Derivatives Markets

07-08 Mar, 2017 - Bangkok, THAILAND

The Westin Grande Sukhumvit Bangkok

PLEASE CLICK HERE to view upcoming event. Information here is outdated

"Market Consolidation amidst Shifting Trade Patterns

& Capacity Surplus"

The Asian phenol market is experiencing an overcapacity since 2 years ago due to new plants commissioned in China, Thailand and South Korea. Phenol market players will have to brace themselves for an influx of new supplies this year as additional phenol capacities from China’s CNOOC and Shell Petrochemicals Co. (CSPC), India’s Deepak Phenolics and Saudi Arabia’s Petro Rabigh are expected to come on-stream. 

 

Will the demand for downstream derivatives catch up with the current supply? 

 

Acetone, on the other hand, is facing a run-up in prices and with phenol producer cutting output, it might lead to a tighter acetone supply. How will this impact acetone derivatives market? 

 

Attend CMT’s 14th Phenol/Acetone & Derivatives Markets on 7-8 March 2017 in Bangkok to find out the latest happening in the industry & network with industry’s who’s who in 2 days!

 

Highlights

  • Birla Global economic outlook plus Trumponomics & its implication on Asia
  • Future Phenol consolidation & supply/demand balance
  • Propylene market trends & changing dynamics of benzene markets
  • Cumene market forecast
  • Derivatives markets trend – BPA/PC, Epoxy Resins, Phenolic Resins, Cyclohexane/Caprolactam & Solvent
  • India – the shining star in Asia : import volume & project update
  • Regional focus : China, USA/Canada & Middle East

Sign up with your team today to enjoy group discount! Register online at www.cmtevents.com or contact grace@cmtsp.com.sg for more information.

Confirmed Speakers from:

  • CIMB Thailand Public Company Limited
  • Deepak Phenolics Limited
  • CEPSA Chemical (Shanghai) Co. Ltd
  • Nexant Asia Limited
  • Afco Petrochemical
  • EPC Engineering Consulting
  • Chem-Energy Corporation
  • Covestro Polymers (China) Co.,Ltd
  • Hexion BV
  • Aditya Birla Chemicals (Thailand) Ltd

 

Comments from 13th Phenol/Acetone & Derivatives Markets, Mar 2016 in Shanghai

 

Testimonials

 

“Good networking event!” ~ Hexion

 

“Interesting feedback from Asian players!” ~ Cepsa

 

“Well organized” ~ Sabic

 

“Very good experience, got to know the current market situation” ~ Sonkamal Enterprises

 

“Informative & widely covered topics” ~ SI Group (India)

 

“Best Phenol industry conference!” ~ KBR

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.

 

For Sponsor please contact fiona@cmtsp.com.sg or (65) 6346 9138

 

For Exhibition please contact grace@cmtsp.com.sg or (65) 6346 9147 

News Feed

New Middle East Phenol Acetone Capacity to Influence Trade Flows

Posted on : 15 Feb, 2017

 

2017 is a key year for the phenol and acetone market as the long-awaited phenol-acetone unit of Petro Rabigh in Saudi Arabia is set to come on stream. The new facility will have capacity of 250,000 and 160,000 metric tons of  phenol and acetone yearly. 

 

How will this new facility impact trade flows? Speculations suggest that European producers are expected to be affected by the new Middle East capacity. European producers are said to be considering whether to focus on market share or on margin when selling phenol and acetone – to counter the presence of Petro Rabigh.

 

Asia will remain the major buyer of phenol – with more than half the phenol produced to go to east Asia, some to northeastern Asia, and some to India. Turkey is also expected to be a key consumer of Petro Rabigh’s phenol and a third of Rabigh’s acetone to go into the Mideast [Turkey], with the rest exported. Some of the acetone maybe exported to Western Europe. However, these exports are expected to merely displace imports from other regions. Meanwhile Europe has limited demand for acetone coming from the larger industrial consumers in the methyl methacrylate and BPA sectors. Also demand for solvents is fragmented across a large number of small consumers that are supplied by the distribution sector.

 

Despite the Middle East capacity, Europe’s phenol market is expected to sustain slow but steady growth. This means a likelihood for increased acetone supply and weakening spot prices in 2017 and potentially 2018.

 

More on phenol/acetone trade dynamics at 14th Phenol/Acetone & Derivatives Markets on 7-8 March, 2017 in Bangkok.

 

For more information, contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.

 

Read more>>>


New Refinery-Petchem Complex Underway in China

Posted on : 05 Dec, 2016

 

China will get another refinery-petchem complex soon. The country’s Zhejiang Rongsheng plans to set up a refinery-petrochemical complex in Zhoushan. The complex will be built under a joint venture between Zhejiang Rongsheng and other prospective partners - Tongkun Group and Juhua Group each expected to have up to a 25% equity stake in the project. Zhejiang will own the majority stake of 50 percent in the project.

 

The $24 billion project is planned to be built in two phases in China's eastern Zhejiang province. The complex will have refining capacity of 40m tonnes/year or 800,000 bbl/day, ethylene capacity of 2.8m tonnes/year, with aromatics production estimated at 10.4m tonnes/year, and a propane dehydrogenation (PDH) unit with a total capacity of 1.2m tonnes/year.

 

The first phase of the petchem-refining complex is expected to commence operations by end of 2018, while the second phase is due in 2020.

 

The plant will produce polyethylene (PE), polypropylene (PP), ethylene oxide/ethylene glycol (EO/EG), ethylene vinyl acetate (EVA), styrene, butadiene (BD), methyl tertiary butyl ether (MTBE)/butylene 1, phenol, acetone, bisphenol A (BPA), polycarbonate, acrylonitrile (ACN) and methyl methacrylate (MMA).

 

More about new capacity additions will be discussed at 14th Phenol/Acetone & Derivatives Markets on 7-8 March, 2017 in Bangkok.

 

For more information, contact Ms. Grace Oh at grace@cmtsp.com.sg or call +65 6346 9147.

 

Read more>>>


Fee Info

Network With

CEOs, Presidents, GMs, Product / Marketing / Sales Directors, Commercial Directors, Corporate planners, Procurement Directors / Managers, Senior Executives & Traders from Feedstock / Petrochemicals / Chemicals Intermediates / Polymers Companies, Refineries / Additives and Catalyst Companies, Industry Consultants, Project Financiers, Technology Licensors, International Engineering & Contracting Firms

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Speaker Profile

Dr. Amonthep Chawla
SVP & Head of Research Office, CIMB Thailand Public Company Limited
SPEAKER TOPIC
GLOBAL ECONOMIC OUTLOOK
Day 1 [Tue 07, March], at 09:10 AM

Dr. Amonthep Chawla is the Head of Research Office at the CIMB Thai Bank where he conducts market research on financial liquidity, interest rate and economic outlook of Thailand as well as the ASEAN region. He also evaluates business sectors that provide opportunities or pose potential risks to the Bank.

 

Dr. Chawla received an East-West Center Scholarship to complete his Ph.D. in Economics from the University of Hawaii at Manoa in the US.

....
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Mr. Warophat Kimchuwanit
Vice President - Production Planning, Sales & Marketing, PTT Global Chemical Public Company Limited
SPEAKER TOPIC
PHENOL INDUSTRY OUTLOOK
Day 1 [Tue 07, March], at 09:45 AM

Warophat started his career in the plastic industry, followed by olefins business. He joined PTT Phenol in 2004. Since then, he had been responsible for Commercial and Corporate planning. He is currently taking care of Sales & Marketing, Logistics and Production planning for Phenol business unit under PTT Global Chemical PLC.


Warophat holds a B.Sc. in Chemical Technology from Chulalongkorn University, a M.Sc. in Petrochemical Technology from The Petroleum and Petrochemical C....
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Mr. K. Shankar
Vice President - Commercial & Marketing, Deepak Phenolics Limited
SPEAKER TOPIC
INDIA’S PHENOL MARKET TREND & PROJECT UPDATE
Day 1 [Tue 07, March], at 11:20 AM

Mr. Shankar is a postgraduate in Chemistry from University of Mumbai, postgraduate in Materials Science & Engineering from IIT Mumbai and a postgraduate in marketing management from from JBIMS, University of Mumbai.

 

He has an overall experience of thirty six  years and has been working in the field of Composites, Engineering Polymers, Petrochemicals, Specality and Bulk Chemicals in the Sales, Marketing, Exports and business development areas.

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Mr. Leo Liu
Sales, CEPSA Chemical (Shanghai) Co. Ltd
SPEAKER TOPIC
CHINA’S PHENOL/ACETONE MARKET OUTLOOK
Day 1 [Tue 07, March], at 10:50 AM

Leo Liu was graduated from Tianjin University and got Master degree on Chemistry. He has seven years’ experience on petrochemicals marketing analysis and sales. He joined Cepsa Chemical Shanghai in 2014 and now is in charge of phenol, acetone and cumene sales.

....
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