"Extended Peak or bubble Trouble?"
The demand for petrochemical in the Asian markets remains strong despite signs showing that it should be slowing down. On the other hand project expansion plans in the Middle East are set to affect the Asian Markets
| Asia Concerns | |
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Chinese producer have been focusing on adding capacity at local plants while looking abroad only |
| for feedstock and new foreign cracker JVs will come on stream in the next few years. | |
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Will china finally relegate the rest of Asia to obsolescence by changing from net buyer to net importer? |
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With sheer market size and scalability potential, will China eventually dictate prices? |
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How can the rest of Asia survive such scenario with the soon-to-be surplus because of the dedication |
| to exports (to China)? | |
| Middle East Concerns | |
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What will be the shape of the petrochemical industry when all the announced project in the |
| Middle East come onstream? | |
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How should the industry players respond to this impending challenge? |
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Will rising EPC cost & acute manpower shortage help stagger these project coming onsteam, |
| cushioning the effect of impending down turn? | |
In view of the above, is the cyclical effect of over capacity surfacing?
| Other new development of the petrochemical Industry | |
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REACH is implemented on 1 June 07 - What should the Asian producers do to fulfil their obligations |
| under the legislation | |
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The second Phase of European Union emission trading scheme will kick in at 2008 |
| - How should the petrochemical industry respond and what is the impact on Asia market? | |
Join CMT's 15th Asia Petrochemical Summit on 4-5 September in Phuket Resort Thailand and meet other leading petrochemical producer, customers and trader from across Asia to discuss and debate the key issues and challenges affecting the industry 2010 and beyond.
Click here and sign up with your team today. If you need any additional information about the conference do feel free to contact me at email: grace@cmtsp.com.sg Tel: 65 63469147
Wishing you a nice day and looking forward to hear from you soon
Thanks
and regards
Grace Oh
Event Manager
Tel: 65 63469147
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