29-30 Nov, 2011 - Vienna, AUSTRIA
NH Danube City
NH Danube City
"Will Propylene Continue "Dealing With Higher
According to Townsend Polymers, the consumption of Polypropylene in Central/Eastern Europe bounced back with an amazing growth of 21.5% last year, on account of higher domestic and export demand for plastic products, following a decline of -7.1% 2 years ago. Strong GDP growth averaging 4.1%/year is projected for the next five years. This growth ise supported by ongoing industrialization and infrastructure development as well as strong demand growth in consumer products and Russia's huge investments in new oriented PP film lines.
"The massive Russian conglomerate Sibur Holding JSC is progressing with construction of a previously announced $2 billion petrochemical complex in Siberia that by early 2013 will triple its polypropylene homopolymer production capacity, with much of that output targeted for export to China... Sibur is planning another PP plant - this one with 441 million pounds for copolymers - in Nizhny Novgorod, Russia, that is due to come on stream in 2014 or 2015"
In terms of capacity, several new PP plants have been brought on-stream in this region over the past few years and six new plants are currently being planned for the region and are scheduled to come on-stream in the coming 4 years. New plants are planned for Russia, Uzbekistan and Kazakhstan. With these capacity additions, how will it impact on trade patterns in the region?
The emergence of shale gas in the US has changed the feedstock dynamics, reducing propylene production in crackers by more than 50%. It also has tightened supplies of crude-C4s and butadiene in the US. With light feedstocks expected to dominate cracking economics in the US for the foreseeable future, butadiene, propylene, and polypropylene consumers could be faced with high-priced material and product shortage. How can PP producers secure competitive feedstock in the future?
CMT's 6th Global PP Markets & Tech Conference brings together a dynamic leading panel of experts to address pertinent issues in the PP industry.
| Key reasons to attend
Don't hesitate! Sign up with your team today to enjoy group discount. Register online at www.cmtevents.com or contact huiyan@cmtsp.com.sg for more information.
You Will Network With: CEOs, MDs, Regional Directors, Commercial Directors, Business Development Directors/Managers, Marketing Managers, Technology Licensing Directors/Managers, Operations Managers, R&D Directors, Corporate Planners fromPetrochemical & Polymer industries, Plastics processors, polymer additives companies, machinery suppliers, consulting firms, converters. |
| Here's what delegates said about our 5th Global PP Markets & Tech event held last year on 02-03 December |
When asked for specific information & presentations that provided them greatest value, many cited:
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CMT’s 6th Global PP Markets & Tech conference is less than 2 weeks away. The highly anticipated conference brings together the who’s who from the Polypropylene industry in one venue- Vienna!
Delegates can expect to not only take away fresh perspectives from international industry players, but also look forward to high quality presentations on pertinent issues like polypropylene technology innovations, market situation, demand supply, constantly evolving polypropylene market, market dynamics including supply/demand trends, imports/exports, production outages and more.
Below is a preview of the industry players attending the Vienna meet:
To attend simply REGISTER here. For further details, email Ms. Huiyan at huiyan@cmtsp.com.sg.
18 Nov, 2011
As reported on 27 Oct 2011, GS Caltex has completed a PP compounding plant in China, as Korea’s second-largest oil refiner continues to expand its overseas business portfolio. The plant located in Suzhou, Jiangsu Province, has started commercial operations with an annual output of 37,000 tons, according to the company. PP compounds will be used in cars and home appliances. China currently sees growing demand for PP compounds which is estimated at 1.2 million tons per year. GS Caltex is planning to provide PP compounds from its Suzhou production facility to Russia and Asian countries such as Thailand and Taiwan. GS Caltex said that it aims to take up a combined 7 percent share of the fast-growing Chinese market for PP compounds. The company is scheduled to complete another PP compounding factory in the Czech Republic by September 2012. The unit will be the first venture among Korean players in the central European country.
Demand for PP compounds is booming in China on account of China being one of the large growing markets for automotive industry including endurance and high impact applications such as dashboards, door panels and bumpers, glass fibre reinforced PP for under the bonnet applications. CMT is pleased to host the 6th Global PP Markets & Tech in Vienna, on 29-30 November 2011 to bring together a dynamic panel of experts to address pertinent issues in PP industry globally , including the PP industry status in China , CIS, Europe and latest trends and market drivers for innovative additives and specialty PP compounding and more.
For the complete agenda , click here. For additional information and enquiries email huiyan@cmtsp.com.sg
Mk Business news - 27 Oct , 2011
03 Nov, 2011
Although INEOS Technologies has licensed its Innovene PP process for the manufacture of polypropylene to the Ningxia Baofeng Energy Group Company Limited in Ningxia*, and UNIPOL PP Technology has secured Qinghai Salt Lake Industry Co. as its eighth licensee**, doubts persist if China can be self sufficient in Polypropylene.
CMT’s 6th Global PP Markets & Tech in Vienna, on 29-30 November 2011 is happy to welcome Mr. Casper Fan, Deputy General Manager at China National Chemical Information Centre(CNCIC)to give an in-depth analysis of the PP markets in China.In his presentation entitled “When will China be Self-Sufficient in Polypropylene?”, he will also share insights into domestic growth and demand projection, opportunities and challenges in PP industry in China, coal based PP and many more.
Mr. Fan is just 1 or the many top industry experts invited to discuss the constantly evolving Chinese polypropylene market, revealing key information on market dynamics including supply/demand trends , imports/exports, production outages and more. Click here for full details on the rest of speakers and topics line-up.
Those keen to determine and analyze the market , or be a part of this annual event, may register now or email your queries to huiyan@cmtsp.com.sg
Read full article here:
**Qinghai Salt Lake Industry, Co. Selects UNIPOL™ Polypropylene Technology for PP Project
11 Oct, 2011
The massive Russian conglomerate Sibur Holding CJSC is progressing with construction of a previously announced, $2 billion petrochemical complex in Siberia that by early 2013 will triple its polypropylene homopolymer production capacity, with much of that output targeted for export to China. The new facility called Tobolsk Polymer will use Innovenne PP technology licensed from lneos to produce up to 70 grades of the material, and will be Russia’s largest polypropylene plant.
Krupinov said Sibur is planning another PP plant – this one with 441 million pounds for copolymers – in Nizhny Novgorod, Russia, that is due to come on stream in 2014 or 2015.
(Source: Plastic News, 2 June 2011)
To gain an in-depth understanding on Russia’s demand for Polypropylene, changing market dynamics and market outlook, join top caliber experts as they provide their insights at the 6th Global PP Markets & Tech in Vienna, on 29-30 November 2011. Sibur Holding and Polyplastic are slated to speak at this landmark conference to give you first hand insight on the markets in Russia & CIS.
The summit also addresses the impact on the global PP industry in other country-focused topics including India, Turkey, Africa, Middle East, China, Eastern Europe & LatinAmerica.
Those keen on participating as a delegate can send enquiries to huiyan@cmtsp.com.sg
16 Sep, 2011
Polypropylene is one of the most versatile of the bulk polymers due to a combination of good mechanical and chemical properties. Its applications are very wide and substituting many other polymers in terms of applications. Investors are expanding plants or building new capacities worldwide, targeting growth region in Asia & Europe.
Strong Polypropylene demand especially in China is encouraging producers to increase their capacities. With margin pressure being a chief problem lately, PP producers are trying their best to “claw the margin back".
To provide in-depth analysis on changing market dynamics and outlook for Middle East producers and Asian consumers, CMT is bringing together top caliber experts to provide their insights on the Polypropylene industry at the 6th Global PP Markets & Technology in Vienna, 29-30 November 2011.
The timely event promises to be the industry platform for leading industry producers & buyers to network, share their expertise, expectations and views on where the market is heading.
For further details, visit www.cmtevents.com, or email huiyan@cmtsp.com.sg
26 Jul, 2011
