Asia continues to be a focal point as demand for benzene and derivatives continue to be high. With a number of projects planned for derivative markets like styrene monomer (SM) and phenol plants in the next 5 years, benzene consumption is forecast to grow by 3-5%/ year till 2010. (Source : ICIS Chemical Business, Jan 2007)
Supply of benzene should ease up as there are a number of naphtha projects planned in Asia. However, high prices for gasoline and toluene may impact the supply as refiners may find it more lucrative to process more gasoline instead. What would the market dynamics for benzene be? How would the market shift as arbitrage opportunities open up between the different markets?
With new aromatics capacities coming on stream in the Middle East, would these new supplies help ease the market? What are the challenges for aromatics producers in Asia in view of these new capacities?
PX continues to be tight globally and PTA producers continue to grapple with reduced margins. Nearly 2 m tonne/year of PTA capacity will start up in Asia in 2007, with just over 1.5 m tonne/year PX. A further 845,000 tonne/year PX is planned in China for 2009. (Source : ICIS Chemical Business, Sept 2006). How would the market shift in the next few years?
These developments and more would be discussed at CMT’s 3rd Asia/China Aromatics & Derivatives Markets. This premier meeting brings together vital players to share insights in a fast changing market.
Conference highlights include:
• Availability of naphtha for aromatics production Vs gasoline production
• How would BTX trade flows shift ?
• Economics of integrated chemical refinery
• Project Updates: Indonesia, India, China, Korea, Japan, Middle East
• Global PX-PTA market outlook
• Developments in the derivative markets : Phenol, Styrene, TDI/PU, etc
Be part of this dynamic exchange and sign up with your team! Enquire at
meiyen@cmtsp.com.sg for more information or register at
www.cmtevents.com Meet & Network with
• President/ MD • VP • GM • Commercial Dir • Procurement Dir / Mgr
• Business Dir/Mgr • Regional Dir/Mgr • Biz Dev Dir/Mgr
• Project Dir/Mgr • Licensing Dir/Mgr • Technology Dir/Mgr
•Traders from Petrochemical/aromatics & derivatives manufacturers & trading companies including catalyst producers, feedstock suppliers, refineries, chemical consultants, banking & financial institutions, technology providers, EPC companies, Logistics & SCM providers