11th Phenol/Acetone & Derivatives Markets,

04-05 Mar, 2014 - Shanghai, CHINA

Intercontinental Shanghai Pudong

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Innovations in technology and products to spur phenol/acetone markets

 

Global Phenol and Acetone markets are witnessing a strong surge from downstream markets and in particular phenolic and epoxy resins. Driving on new found opportunities for growing wind energy markets, phenolic resins markets have opened up growth avenues for the industry.

 

Notwithstanding the projections for shale gas and its influence on the global petrochemical trade, long term impact of shale gas on propylene supplies is still open to debate. The new on-purpose propylene plants coming on-stream globally and the 1.2 mn tpa phenol JV between INEOS Phenol and Sinopec YPC will bring in further phenol supplies into play. How will these large influx of propylene influence phenol pricing and trade? Will China’s focus on self- sufficiency disrupt global trade patterns?

 

Production economics of various processes have also been driven by new technology developments. To what extent this will influence propylene and benzene pricing is a moot point. Innovations within the phenol and acetone industry continue to be driven by sustainability goals. Bio based and greener approaches have shaped the industry in recent years. Will recent successes of bio propylene from renewables, non-phosgene polycarbonate technology spur further developments?

 

How big are new opportunities for phenolic resins from wind energy applications? Will new applications for epoxy resins fuel phenol market growth as markets for high-end grades are expected to emerge in future? How are the regional phenol acetone markets shaping up?

 

 

CMT’s 11th Phenol/Acetone & Derivatives Markets seeks to provide an insider angle to these and related issues on market dynamics, feedstock supply patterns, technology innovations and other critical determinants of the phenol value chain. With participation from industry experts and high calibre speakers, this conference offers unrivalled networking opportunities and is a MUST ATTEND event for all involved in this value chain.

 

Highlights:

  • Opportunities Arising from Shale revolution and On-Purpose Propylene Production
  • Global Phenol/Acetone Market: Outlook, Challenges & Recommendations
  • Macro-Economics & Phenol Markets Development in China, India, Thailand and etc.
  • BPA Market Review & Impact arising from the New Capacities, Changing Trade Flows
  • Growth Drivers & Key Market Trends of Phenolic & Epoxy Resin Markets
  • PC market trends and innovation
  • Economics of Bio-Acetone Production & Downstream Demand
  • Prospects of Wasteless Process for Co-Production of Phenol & Acetone (WEPP Process)

 

Register your team today and enjoy group discounts!

 

Industry News Who Will You Meet Be a Sponsor or Exhibitor!

NRDC gives approval for the 650,000 tonne phenol/ acetone and 550,000 tonne cumene facility to be built in Nanjing

 

By the end of the 'Twelfth Five-Year' period, the global epoxy resin consumption will reach 3 million tonnes, and the consumption in China will exceed 1.75 million tonnes

 

Global cumene market expected to hit 18 million tonnes by 2020

 

 

CEOs, Presidents, GMs, Product/Marketing/Sales Directors, Commercial Directors, Senior Executives & Traders from Feedstock/ Petrochemicals/ intermediates/ Polymers companies, Refineries/Additives and Catalyst Companies, Industry Consultants, Project Financiers, Technology Licensors, International Engineering & Contracting Firms supporting energy industries

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.

 

Exhibition / catalogue display can be arranged upon request.

nisha@cmtsp.com.sg or

(65) 6346 9130

 

Industry News

 

Webasto, one of the top 100 automotive suppliers worldwide, is manufacturing polycarbonate (PC) panels at its plant in Schierling for the very first time. The polycarbonate panels are then used at the Guangzhou plant to make panorama roof for the Golf A7. Once manufactured, the roofs are shipped to FAW VW in Foshan and assembled in cars. The panels are manufactured for supply to China - a huge market for sliding and panorama roofs.

 

The initiative by Webasto aligns well with the global trend observed towards a shift to lightweight components in the automotive industry. In fact Webasto has also witnessed a rise in the demand for its PC based components for roof systems.

 

Webasto has invested 45 million euros to expand technology leadership in polycarbonate components for car roof systems. Apart from building a production hall at the Schierling site near Regensburg, Webasto has also built 3 new injection-molding machines and a new paint shop for the initiative. The production capacity of the plant is 1 million components annually.

 

Polycarbonate has half the density of glass and also has extremely high impact strength, making it a good option for car roof panels. It's predicted that over the next 5 years, share of polycarbonate components in cars will rise to approximately 20 percent.

 

More on polycarbonate technology will be discussed at 11th Phenol/Acetone & Derivatives Markets conference on 4-5 March, 2014 in Shanghai.

 

To know more about the event, visit the website or contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147.

 

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26 Feb, 2014

 

In a major development in the field of renewable n-butanol and acetone, UK-based technology developer and emerging bio-based C4 chemicals producer - Green Biologics has secured funds to invest £15.4 million (€18 million) in a commercial on-stream facility in the US. Green Biologics plans to begin operations in this facility by 2016.

 

This announcement comes few months after Green Biologics signed the letter of intent to purchase the assets of Central MN Ethanol Co-op (CMEC) earlier in 2013.

 

Now that all investments are in place, Green Biologics plans to retrofit the CMEC plant, so that it is ready for production of renewable n-butanol and acetone by 2016. The plant has an existing capacity of producing 23 million gallons of ethanol per year; thus further enhancing Green Biologics' renewable chemicals market positioning.

 

The key investors for the project include Sofinnova Partners as well as Swire Pacific's strategic participation, while Capricorn Venture Partners, Oxford Capital Partners, Morningside Ventures and ConvergInce Holdings helped with follow on investments.

 

Timothy G Staub, VP - Business Development, Green Biologics Ltd. is a key speaker at CMT's 11th Phenol/Acetone & Derivatives Markets conference opening on 04-05 March, 2014 in Shanghai. Timothy G Staub will elaborate on the 'Opportunities for On-Purpose Production of Bio-Acetone' with key details on bio-acetone's production process, economic drivers, upcoming projects and downstream derivatives and demand.

 

To know more about the event, visit the website or contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147.


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09 Jan, 2014

 

China is the world's fastest growing market for phenol and acetone, which is widely used in industries such as phenolic resin, caprolactam, bisphenol A, salicylic acid, fibres, plastic, synthetic rubber, pharmaceuticals, agrochemical, dyes, coatings, leather and epoxy resins.

 

INEOS Phenol is the world's largest producer of phenol and acetone, while Sinopec Yangzi Petrochemical Company (Sinopec YPC) is a wholly-owned subsidiary under China Petroleum & Chemical Corporation and engaged in refining crude oil, Ethylene & Aromatics production, producing and marketing hydrocarbon derivatives with phenol and acetone production sites in Shanghai, Beijing, and Tianjin.

 

Both the companies have collaborated for a 50:50 joint venture with a total investment of approximately $0.5 billion (RMB3.15 billion) for establishing the largest phenol/acetone facility in China. This plant is INEOS's largest capital investment ever undertaken in China. The project, that will be located in Nanjing Chemical Industry Park (NCIP), has already received approval from National Development Reform Commission (NDRC) in late August, 2013 and from the Jiangsu Province and Nanjing Municipal Government too.

The new plant will use the expertise of Sinopec's local feedstock advantages/ cumene technology and INEOS' proprietary phenol technology. With the completion of this project, INEOS Phenol will be the only company to have global manufacturing capability with phenol and acetone production in Europe, the US, and Asia.

 

The phenol and acetone plant is expected to be operational by 2016, and it is estimated that it will generate annual sales revenue worth $0.8 billion (RMB 4.9 billion). The new facility will produce at least 400,000 tonnes of phenol and 250,000 tonnes of acetone annually, plus 550,000 tonnes of cumene per year.

 

Once completed, it will cater to the growing demand for downstream petrochemical products. The strategic location of the plant in Nanjing, Jiangsu Province places INEOS and Sinopec YPC at the centre of China's largest market for both phenol and acetone; thus the plant will cater to the demand and supply in the region as well as serve on-site customers. Moreover, the location also provides advantages such as convenient waterway, land and railway transportation conditions.

 

For more such ground breaking developments in the phenol/ acetone market, attend CMT's 11th Phenol/Acetone & Derivatives Markets on 4-5 March, 2014 in Shanghai.

 

To know more about the event, visit the website or contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147.

 

Read more>>>


27 Nov, 2013