Uncertainty shrouds Asia's petchem industry as players brace and adapt to a changing feedstock environment. The mainly crude oil and naphtha-based industry in Asia is likely to face greater competition in the coming years as shale gas and LPG change both upstream and downstream market trends. Adaptations and diversifications are observed as regional players steer their business strategies towards making themselves more competitive and less vulnerable to the onset of new feedstocks. Catching up on the LPG trend include Sinopec, who recently proposed for a $3.1 billion natural gas, LPG-based ethylene project. South Korea's top LPG importer, SK Gas, has also finalized its plan in the construction of a $890 million propane dehydrogenation (PDH) plant that will come on-stream by 2016. This new plant, producing 600,000 MT/year of propylene, will help SK Gas diversify its business portfolio, tapping on its strong LPG business that will lead them smoothly into petrochemicals business. Joining the 20th Asia Petrochemical Summit in Singapore on September 26-27, 2013 is Mr. Chul-Jin Kim, VP, Head of PDHProcess Management of SK Gas, sharing insights on "CapturingGasChemicalOpportunity". More specifically, he will elaborate on the dynamics of the LPG industry as well as the company's growth strategy. Other key sessions by leading speakers that you should not miss include:
View the Preliminary Agenda of the 20th Asia Petrochemical Summit here! For your share of updates on the global petchem market and feedstock trends, REGISTER and ATTEND the upcoming 20th Asia Petrochemical Summit now! For a limited time only, enjoy a USD75 discount when you register online. Promotion ends on August 23. With a 19-year track record, CMT's 20th Asia Petrochemical Summit is an established series specifically designed to cater to top management and C-level executives of major players in feedstock/ olefins/ aromatics/ plastics companies, coal & natural gas companies, refineries, additives and catalyst companies, industry/ energy consultants, project financiers, technology licensors, international engineering & contracting firms supporting the energy industries. Leverage on the targeted platform of the 20th Asia Petrochemical Summit and reach out to your target audience effectively. Contact Ms. Nisha at nisha@cmtsp.com.sg for customized sponsorship and exhibition opportunities.
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