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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 Information here is outdated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

Mr. Tim Efthimiady
SVP Marketing Head, PCS BU, Covestro Polymers (China) Co.,Ltd
SPEAKER TOPIC
REGIONAL BPA & PC MARKET TRENDS
Day 1 [Tue 07, March], at 02:25 PM

.Tim is the SVP and Head of Marketing for PCS Business Unit of Covestro (formerly Bayer Materials Science) in Shanghai. A 25 veteran of the Sales and Marketing Function, Tim has crossed several commercial Industry facing roles, in just as many continents.


He started his career with Dow Corning in Sales function as Key Customer/ Distribution manager for th....
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Ms. Tara Shi
Marketing Manager, Hexion
SPEAKER TOPIC
PHENOLIC RESIN MARKET TRENDS
Day 2 [Wed 08, March], at 10:45 AM

Ms. Shi has been Hexion’s Asia Pacific Marketing Manager for Phenolic Specialty Resins since 2013.  She has extensive experience in the Chemical Industry including roles at DSM Engineering Plastics and Henkel Industry Adhesives prior to joining Hexion.&n....
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Mr. Akihiro Yagyu
Assistant Manager of Technology, Technology Licensing Department, Asahi Kasei Corporation
SPEAKER TOPIC
NEW DPC PROCESS FOR POLYCARBONATE
Day 1 [Tue 07, March], at 04:00 PM
.In 2007, after the completion of the Master's Course of Engineering of Osaka University Graduate School, he joined Asahi Kasei Chemical Co., Ltd. (now Asahi Kasei Corporation). Since entering Asahi Kasei Chemical, he has been mainly engaged in monomer production and is currently engaged in the technology licensing of polycarbonate process as process engineer.....
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