20-21 Sep, 2010 - Singapore, SINGAPORE
Goodwood Park Hotel Singapore
Goodwood Park Hotel Singapore
Steering Clear Of Pitfalls In An Uncertain Climate
The business climate remains cautious despite consistent data showing positive growth in Asia's economies. Fears of Europe's debt crisis cast dark clouds over Asia's otherwise bright outlook. How will Asia's economy fare next? Can Asia escape unscathed in an increasingly interconnected global economy?
The petrochemical industry is seeing some of the greatest capacity additions in years. While some projects have been kept on hold, others have gone ahead. How will these influence the balance in the petrochemicals industry? The perennial question of assessing China's demand remains critical for businesses today. Will China continue to consume? How will India's petrochemical industry take shape as its economy grows in importance?
The different value chains in the petrochemical sector are seeing some of the most dynamic developments yet. Demand for the C4 sector remain strong though supply of butadiene remains short. It is also vital to review the olefins & downstream derivatives and see where the arbitrage opportunities are as trade trends change between markets. The aromatics sector remained weak though prices have improved somewhat. It will be useful to review the developments in Paraxylene markets. While Dow has exited the styrenics business, BASF is also looking to divest its styrene business though there is no urgency at the moment. Other players have however remained in the business. (Source: http://www.businessweek.com/news/2010-05-12). Are there still profits in this commoditised sector? How will it perform next?
Against the backdrop of these, petrochemical players must continuously innovate and seek new strategies to manage the price uncertainty inherent in their business. Understand how new HPPO technology can help petrochemical players. Also, get an update on the latest development & trends of bio-based chemicals.
Join key players at the 17th APS (Asia Petrochemical Summit) this year and share perspectives on strategies to manage the uncertainty ahead.
Key Reasons to be at CMT's 17th APS
Mark your calendar and stay connected with your peers at this premier summit.
Sign up with your team to enjoy attractive discounts. Register online at www.cmtevents.com
You'll Network With:
- CEOs - Presidents - GMs - Product/Marketing/Sales Directors - Business Development Managers
- Executives & Traders from 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
India's petrochemicals industry will double production capacity by 2014-15 as per a report by Business Monitor International. The sector, which is showing signs of recovery, is expected to benefit from increases in local and overseas demand.
Experts have observed that new investments are critical to attain projected revenues. In order to boost investments and growth in the petrochemicals sector, the Indian government has announced a national policy for this industry and the Petroleum, Chemical and Petrochemical Investment Region. These plans aim to increase investment, improve and develop new infrastructure, increase domestic demand, and build research and development centers for this sector. Source: Plastemart: India Petrochemicals Production to Double
More information on the India Petrochemicals outlook, will be shared by Mr Jasbir Singh Saini, General Manager (Petrochemicals Marketing) of Gail (India) Limited as he presents his papers on India ‘s Petrochemical Markets & Trends
- India's role in today's petchem markets
- Import potential & export trends of petchem (olefins, aromatics, etc)
- Challenges that lie ahead
- Future outlook
For updated agenda, click here
23 Aug, 2010
Siam Cement Pcl, Thailand’s third- biggest company by market value, said the start up of a new $1.2 billion petrochemical plant will help it maintain profit growth this year.
Siam Cement has increased investments in petrochemical plants in Thailand and Vietnam. Together with Qatar Petroleum and Vietnam’s government, they are building a petrochemical complex in the southern province of Ba Ria Vung Tau to meet rising demand for plastics in the Southeast Asian nation. The plant will have annual capacity of 1.4 million tons of olefins, the company said in November.
Source: Business Week News 2010-07-02
Those interested to find out more about Vietnam’s Petrochemical Market should attend the 17th Asia Petrochemical Summit in Singapore from 20-21 September, 2010.
Aimed to keep players up-to-date with the petrochemical industry in Asia, the 17th Asia Petrochemical Summit has invited Ms. Nguyen Thi Mai Le, from Petrovietnam Research and Development Center for Petroleum Processing, to speak on ‘Vietnam’s Petrochemical Market Expansions & Updates’.
The 17th Asia Petrochemical Summit is part of CMT’s highly successful Asia Petrochemical Summit series, attended by the world’s key energy investors looking for information on what is shaping Asia’s upstream and downstream petrochemical market.
Petrovietnam is one of the many distinguished companies speaking at the 17th Asia Petrochemical Summit. For more information on the conference agenda, please click here.
10 Aug, 2010
In view of impending 17th Asia Petchem Summit in Singapore this coming September, we invite you to <<CLICK HERE>> to review the post event report on our recent 6th Asia Aromatics & Derivatives Conference held on 24 – 25 June in Shanghai, as summarized by Mr. Tiankanok S. of Nexant.
Invariably, there’s been much developments in the petrochemicals industry. For that reason, the discussion continues at CMT’s 17th Asia Petchem Summit ( APS ), with discussions on key market developments and projects in Asia.
For more information on other topics and speakers line-up, click here.
27 Jul, 2010
“Thailand's largest industrial conglomerate said on Wednesday it had signed a deal with state oil firm Qatar Petroleum International to invest in a Vietnam petrochemical complex worth up to $4 billion. The project, delayed by the global economic crisis, is part of Siam Cement's drive to become one of Southeast Asia's leading petrochemical producers
Vietnam state oil monopoly Petrovietnam and Vietnam National Chemical Corp would hold a combined 29 per cent of the project. The rest would be held by non-Vietnamese partners including Siam Cement and Qatar Petroleum.
Kan said it was likely that Siam Cement and Qatar Petroleum would hold 25 per cent each, while Siam Cement subsidiary Thai Plastic and Chemicals would own 16 per cent and a Japanese trading firm would hold 5 per cent.
Qatar Petroleum would provide feedstock for the complex, which includes a 1.4 million tonnes olefins cracker that is highly flexible between gas and naphtha feedstock and will be fully-integrated into downstream products, a Siam statement said.
The investment would also cover infrastructure such as shipping ports, a power plant and storage facilities, it said.”
Source: http://www.tradearabia.com/news/ogn_170964.html
The above excerpt was from a report dated Nov 2009 and since then, there’s been many developments in such projects. For that reason, the agenda at CMT’s 17th Asia Petchem Summit ( APS ) is set-out to include discussions on similar projects in Asia and in particular, a presentation on the topic: “Vietnam’s Petrochemical Market Expansions & Updates”by Miss Nguyen Thi Mai Le from Petrovietnam.
For more information on other topics and speakers line-up, click here.
07 Jul, 2010
Crackers in Asia have been operating at high rates to meet resilient chinese demand. However traders remain wary over the sustained strength of the naphtha market. Source: Reuters >click here to access the whole news<
Henceforth how will naphtha markets look like? To address these concerns, 17th Asia Petrochemicals Summit will field invited industry expert, Mr. John G Vautrain, Senior Vice President, Purvin & Gertz to share with us his views on:
NAPHTHA MARKET
- Market supply & balance
- Assessing influence of aromatics & LPG feedstocks
- price trends & market outlook
For additional information about the conference, feel free to contact Ms Angelia Lim at angelia@cmtsp.com.sg or visit us at: www.cmtevents.com/aboutevent.aspx?ev=100922&
21 Jun, 2010
Rising industrial production in China and India bolstered Asian demand for naphtha, the commodity used to make chemicals found in everything from plastic pipes to shopping bags.
China’s output rose 17.8 percent in April from a year earlier, after gaining 18.1 percent in March, the country’s statistics bureau said on May 11. India’s manufacturing growth accelerated in May to the fastest pace in more than two years.
Source: Bloomberg, Click here for full article
In light of their growth pontential, China and India’s Petrochemicals industry update will be one of the main highlights at the 17th APS Summit on 20-21 September 2010 in Singapore. Specific sessions on these 2 key markets will be presented by:
Mr Lv Xiadong of China Petrochemical Consulting Co (SINOPEC) who is presenting the topic:
China's Petrochemical Industry Development & Updates
- Review of projects & progress
- Can China speed up its domestic consumption of polymers to absorb additional supplies?
&
Mr Jasbir Singh of Gail (India) who will discuss:
India's Petrochemical market & trends
- India's role in today's petchem markets
- Import potential & exports trends of petchem (Olefins, Aromatics & etc)
- Challenges that lie ahead
- Future outlook
For more on full program agenda, please click here
17 Jun, 2010
Higher demand should help balance the market and should support current crude oil prices - if not provide an upward bias going into 2010. Demand growth will come from Asia and developing economies. China, the world’s second-largest energy consumer, increased crude oil imports to a record 4.1 million barrels a day last year according to China’s government generated data. Demand is expected to continue increasing into 2010, with China oil imports expected to rise to 4.5 million barrels per day.
Source: financial Sense: http://www.financialsense.com/fsu/editorials/dancy/2010/0316.html
How will volatile crude oil prices impact Petrochemical feedstock markets ?
Mr Stanley Park, Deputy Managing Director of Petrochemical Corporation of Singapore Pte Ltd (PCS) will share his view on how Volatile Crude Price and Refining Margins Impact on the Petchem Feedstocks (Ethane, Condensates, Naphtha, LPG) at CMT 17th APS (Asia Petrochemical Summit) this 20-21 Sep 2010 in Singapore
Other key players will also be featured at the 17th APS (Asia Petrochemical Summit) to share perspectives on strategies to manage the uncertainty ahead.
Click Here for updated agenda or more information.
14 Jun, 2010
The whole chemical industry will be much better in 2010 than how it was last year’…’all market players are optimistic for the chemical industry; with international and domestic producers or traders active in purchasing feedstock’
Petrochemical analyst, Frost & Sullivan (2010)
Uncertainty reigns in the market as crude prices hovers at US$80-US$85 per barrel levels but will it climb to new highs or will it move downwards? Whichever way it goes, this will affect petchem feedstock costs. Petrochemical producers will need to take this in their stride and manage the different feedstock options available while optimizing cracker profitability. China and India continue to be the economic titans in Asia, driving petrochemical demand as growth surpass expectations in these 2 countries. Can this demand be sustained to absorb excess capacities expected to come on stream?
17th Asia Petrochemical Summit will address these concerns, provide an independent, all-round update on the petchem value-chain and opportunities in an uncertain market.
Confirmed speaker panelists to date:
Stan Park, Deputy Managing Director, Petrochemical Corporation of Singapore; to share insights on volatile crude prices and the refining margins impact on the petchem feedstocks (ethane, condensates, naphtha, lpg).
Darren Smith, Managing Director – Asia, CMAI; providing a broad review and updates on the dynamics of Asia’s petrochemical industry.
Keep 17th Asia Petrochemical Summit on your ‘watch-list’. Full details on the two-day summit will be updated soon.
17th Asia Petrochemical Summit is THE Must-Attend conference for all petrochemical professionals and consultants this year.
Click here to submit your team’s registrations online.
Interested sponsors and media partnership arrangements can email enquiries to Ms. Grace Oh, Marketing Manager at grace@cmtsp.com.sg
19 Apr, 2010
Unpredictable crude prices that climb to new highs or plunge downwards will affect feedstock costs. Find out at 17th Asia Petrochemcial Summit how petchem producers are managing alternative feedstock options while optimizing cracker profitability.
19 Apr, 2010
