InterContinental Shanghai Pudong
"Balancing the Rise of PX Production, Feedstock Availability and Downstream Demand Growth"
"Balancing the Rise of PX Production, Feedstock Availability and Downstream Demand Growth"
"BP increases PTA capacity in China including a new plant" ~ Reuters, April 14, 2011
"China's Sinopec begins construction on $1B Kazakh hydrocarbons plant... expected to extract 551,156 tons per year of benzene, paraxylene and..." ~ Central Asia Wire, April 12, 2011
CMT's 7th Asia Aromatics & Derivatives Markets conference gathers the leading regional industry players to address pertinent issues of the aromatics value chain, including BTX, PX, PTA, Cyclohexane, Nylon, Styrene, PET and PU.
Production of BTX and downstream derivatives continue to thrive in Asia, with Jurong Aromatics inking its financing commitment in mid April. Meanwhile in China, BP and other Chinese majors (Sinopec & CNOOC) have also announced expansion plans and new capacity.
Last year's cotton supply crisis and the recent March 11 earthquake in Japan have affected the market dynamics of BTX and derivatives, escalating prices of PX & PTA. Future prices for cotton is expected to fall, due to expected rise in acreage. Demand for polyester and its raw materials will be slowing down, thus exerting downward pressure on prices.
However, with optimistic outlook for China's EPS market, Styrenics markets is expected to enjoy bullish growth and upstream developments. With the volatility of Naphtha prices and the global pressure on emission cut-down, major petrochemicals producers are looking into commercializing biobased feedstock for their production. What potential and timeline can we expect from this to take-off?
Attend CMT's 7th Asia Aromatics & Derivatives Markets to gain multiple benefits:
CMT's 7th Asia Aromatics & Derivatives Markets offers excellent opportunity to network with global players in one venue! Sign up with your team to enjoy group discount. Register online at www.cmtevents.com or email to huiyan@cmtsp.com.sg |
According to the American Chemical Market Association (CMAI) predicted that China's strong demand for nylon 6 polymers of this project is to promote the growing market, projected to 2015, global demand for nylon 6, fine chemicals suppliers, the average annual growth rate will be close to 5%.
The association said: "China's demand growth for nylon 6 is much faster than capacity growth, CAS 512-26-5, resulting in China had to import large quantities of nylon 6 from abroad."
CMAI, said the number of the world's new capacity of nylon 6 than forecast growth in demand worldwide, "a slight decrease." According to its expected, Octylferrocene exporters, which may be in the next five years so that the factory operating rate increased slightly. It is predicted that between now and 2015, global demand for nylon 66 engineering resins will be close to the average annual growth rate of 6%.
Director of Sales and Marketing Asia Pacific at Evonik Degussa (China), Mr. Kenny Chee, is confirmed to deliver a key presentation on the Growth Prospect of Nylon in Asia at the 7th Asia Aromatics & Derivatives
Evonik Degussa is just one of the many authoritative speakers making their way to Shanghai for the 7th Asia Aromatics & Derivatives conference, due to be held on 16-17 June 2011. Registered attendees can expect 1.5 days of intense knowledge-sharing sessions & networking opportunities with senior representatives from the aromatics supply chain.
Addressing the theme,“Balancing the Rise of PX Production, Feedstock Availability and Downstream Demand Growth" the 7th Asia Aromatics & Derivatives summit also presents up to date aromatics supply and demand trends.
Contact Ms Huiyan at huiyan@cmtsp.com.sg for last-minute registrations, or click here to secure your seat online now.
30 May, 2011
Kuwait Paraxylene Production Company (KPPC) announced it has exported its first ever shipment of heavy aromatics.
Heading to customers in Asia, the shipment's size is 17,000 metric tons. KPPC is a fully owned subsidiary of Kuwait Aromatics Company (KARO).
On this occasion KARO board chairman Al-Rashidi said “KPPC aromatics plant will continue selling heavy aromatics produced at the site, with a capacity of 80,000 metric tons annually (MTA), to enhance the added-value and returns from this stream to the aromatics business."
(Source: Zawya, 7 Feb 2011)
Following above development, CMT has secured Mr. Salman Fahad Al-Ajmi, Senior Business Analyst & Planner – Aromatics of Petrochemical Industries Company KSC (PIC) to present the topic entitled “Kuwait Paraxylene: On Operation & Perspective of ME Aromatics Markets” at the 7th Aromatics & Derivativesconference, held on 16-17 Jun, 2011 in Shanghai.
More specifically, Mr Salman Fahad Al-Ajmi will address:
- Experience in operating production facility
- Aromatics & downstream markets from a ME prospectus - developing trade trends etc
Click here to view the updated program agenda, or send in your registrations for the conference to Ms. Huiyan at huiyan@cmtsp.com.sg now.
11 May, 2011
What will be the opportunities and challenges arising from these new aromatics capacities in the Middle East? CMT’s 7thAsia Aromatics & Derivatives held in Shanghai on 16-17 June 2011, offers experts' answers and objective analysis on regional aromatics & derivatives projects in Asia.
As with previous years, the conference promises a comprehensive program, providing perspectives from key aromatics players on the impact of changing market dynamics on global aromatics industry.
For more information on the program, click here to view the latest agenda. Or send an email to Ms. Huiyan at huiyan@cmtsp.com.sg to register your team now.
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21 Apr, 2011
Marking the series’ 7th consecutive year, the premier Asia Aromatics & Derivatives conference announces its return to Shanghai, China on 16-17 June 2011!
Supported by an international panel of experts, the event is recognized by the industry as a key platform to keep up-to-date with latest aromatics market developments. Reviews on regional projects and supply/balance dynamics in China, India, Thailand & Vietnam are just some of the country-focused presentations lined up on this year’s agenda.
To give you an idea of the event’s target audience, here’s a summary of the industry profile that attended last year’s 6th Asia Aromatics & Derivatives:
The program is currently being finalized & will be available online soon. In the meantime, click here to reserve your seats now or send enquiries on speaking and/or sponsorship opportunities to Ms. Huiyan at huiyan@cmtsp.com.sg.
28 Mar, 2011