The Global Petrochemical Industry Landscape
|
|
- Charleen Cain
- 6 years ago
- Views:
Transcription
1 The Global Petrochemical Industry Landscape Leaders of Tomorrow Dr Andrew Spiers Senior Vice President 27 Copyright by Nexant Inc All rights reserved
2 Nexant Energy & Chemicals Advisory Strategic Planning Project Feasibility Nexant Thinking Nexant Training Energy Independent Expert/Litigation and Expert Witness Commercial and Market Analysis Merger and Acquisition Project Finance Technology Evaluation and Management 1
3 The industry has experienced huge change over the last 20 years or so as Asian and Middle Eastern producers increasingly dominate Significant crude oil price volatility Three major petrochemical margin fly-ups Size of industry tripled Massive new capacity additions China s share of petrochemical consumption has grown from 3 percent to nearly 20 percent Feedstock driven shift to the Middle East Emergence of private equity Significant portfolio restructuring by many of the original players Commoditisation of many specialties and grades Diversification of feedstock base: shale gas, coal, renewables 2
4 Change is the only constant CHANGING STRUCTURE Downstream Shift Clusters/Mega Sites Refinery Petchem Integration GEOGRAPHIC SHIFTS Population/Market Shift to Asia Geographic Shift of Investment Emergence of China Changing ME attractiveness PETROCHEMICAL INDUSTRY CHANGING BUSINESS M&A Activity Increase Emergence of New Global Majors CHANGING FEEDSTOCKS Changes in Competitiveness U.S./Middle East Coal/Shale Gas in Asia? Renewables Oil Price Influences 3
5 That Change is Continuing Today! China slowdown: Knock on effect throughout Asia and further afield Drop in Oil price: Impact on petrochemicals Increased competition with shale oil/gas Changing Geopolitical landscape: Limited opportunities to increase supply from advantaged gas More emphasis on heavier feedstock slates/refinery integration; implications for byproducts Other regions compete without cheap feedstock so business must look to different sources of competitive advantage Greater integration and downstream investments Potential emergence of Iran as a major player What are the effects of these changes on your business? 4
6 Million tons per year The seven basic building blocks relative sizes of the main derivatives, MeOH Source: Nexant Other EDC EO PE Other PP Other Cumene Styrene Other BX Other Ethylene Propylene Butadiene Benzene Toluene Xylenes Syngas PTA NH 3 6
7 Global events and China impact polyethylene prices Asian PE Prices, (dollars/ton) Flyup China Stops Buying Multiple Supply Problems End of Supply Problems Asian Financial Crisis Katrina September 11 Crude oil soars Gulf War 1 SARS Gulf War 2 Financial Crisis Lower oil prices; slowdown Planned Outages Turnarounds Unplanned Outages Explosions, Hurricanes, etc. LDPE LLDPE HDPE Source: Nexant 7
8 Commodity chemicals competitiveness criteria Parameter Size Key Objectives Capture economies of scale Location Access to low cost feedstocks/deficit markets Technology Cost advantage/product differentiation Integration Synergies with adjacent facilities 9
9 Ethylene Cash Cost ($/ ton ethylene) The shale gas effect has resulted in a structural change in global ethylene competitiveness. Middle East has strong advantage; limited by reduced new low cost feedstocks Global Ethylene Cost Curve, Note: * Mainly includes ethane and E/P crackers in Venezuela, Africa, W. Canada, Malaysia and Australia. ME Ethane and E/P Others Ethane and E/P* North America Ethane, E/P, Mixed Feed Asia/Naphtha Asia/Western Europe Naphtha Ethylene Cumulative Capacity (million tons) 10
10 Ethylene Cash Cost (Current U.S. dollars per ton ethylene) Lower oil pricing resulting in a significant improvement in naphtha cracking competitiveness Global ethylene production cost curves at different crude oil scenarios (future) Naphtha & Other Liquids feedstock cracking Oil Price Scenario (per barrel) $ Ethane & Other lighter Feedstock cracking $100 $70 $ Ethylene Cumulative Capacity (million tons) 11
11 Regional petrochemicals trends Changing dynamics but familiar themes U.S. Lighter feedstocks off RPI Export markets Capital costs Product differentiation Heavier feedstocks Export markets Integration Product differentiation China Diversified off RPI feedstocks Economic growth Environmental issues Product differentiation 12
12 What can we expect to see in the Middle East over the next decade? Some industry consolidation in bulk petrochemicals markets. The sector is expected to be dominated by only relatively few companies longer-term. Continued cyclicality Middle East petrochemical base is set to be broadened further. Product diversification will be supported by foreign technology partners and utilisation of heavier feedstocks Significant M&A activity to continue: Oil & gas rich players in the Middle East likely to acquire further businesses in other geographies Significant feedstock changes: Limited opportunities to increase supply from advantaged gas More emphasis on heavier feedstock slates/refinery integration; implications for by-products Other regions compete without cheap feedstock so business must look to different sources of competitive advantage Greater integration and downstream investments Significantly higher domestic demand for products 13
13 Nexant, Inc. 1 King s Arms Yard, London, EC2R 7AF Telephone: Facsimile: This report ( Report ) was prepared by Nexant Ltd ( NEXANT ), for the use of GPCA ( CLIENT ) in its consideration of whether and how to proceed with the subject of this Report. Except where specifically stated otherwise in the Report, the information contained herein was prepared on the basis of information that is publicly available or was provided by the CLIENT or by a third party, and the information has not been independently verified or otherwise examined to determine its accuracy, completeness or financial feasibility. Neither NEXANT, CLIENT nor any person acting on behalf of either assumes any liabilities with respect to the use of or for damages resulting from the use of any information contained in this Report. NEXANT does not represent or warrant that any assumed conditions will come to pass. This Report is current as of the date herein and NEXANT has no responsibility to update this Report. This Report is integral and must be read in its entirety. The Report is submitted on the understanding that the CLIENT will maintain the contents confidential except for the CLIENT s internal use. The Report should not be reproduced, distributed or used without first obtaining prior written consent by NEXANT. This Report may not be relied upon by others. San Francisco New York Houston Washington London Frankfurt Bahrain Singapore Bangkok Shanghai Kuala Lumpur
CHEMSYSTEMS. Report Abstract. Petrochemical Market Dynamics Feedstocks
CHEMSYSTEMS PPE PROGRAM Report Abstract Petrochemical Market Dynamics Feedstocks Petrochemical feedstocks industry overview, crude oil, natural gas, coal, biological hydrocarbons, olefins, aromatics, methane
More informationThe Petrochemical Industry From Middle Eastern Perspective?
The Petrochemical Industry From Middle Eastern Perspective? Hydrocarbon Journey in Kuwait 1946 ENTERING CRUDE EXPORT MARKET 1949 FIRST REFINERY COMMISSIONED 1938 1 st COMMERCIAL OIL DISCOVERY 1963 AMMONIA
More informationStaying Competitive in a Feedstock Driven Market. Prepared for: NY Metro Section of AIChE October 19, 2015
Staying Competitive in a Feedstock Driven Market Prepared for: NY Metro Section of AIChE October 19, 2015 Agenda Nexant Overview Changes in the Global Petrochemical Landscape Global Industry Dynamics -
More informationOutlook for Global Economy and State of the Petrochemicals Industry. Clive Gibson, Vice President, Nexant
Outlook for Global Economy and State of the Petrochemicals Industry Clive Gibson, cgibson@nexant.com Vice President, Nexant Outlook for Global Economy and State of the Petrochemicals Industry Sapporo,
More informationGlobal Olefins Review
Presented to: Asia Petrochemical Industry Conference Raw Materials Committee Meeting May 2, 24 Kuala Lumpur, Malaysia Mark Eramo Vice President Olefins & Elastomers meramo@cmaiglobal.com Agenda! Ethylene
More informationDownstream & Chemicals
Downstream & Chemicals Pierre Breber Executive Vice President 017 Chevron Corporation Downstream portfolio Fuels refining & marketing Integrated value chains Lubricants & additives Globally positioned
More informationImpact of a changing global landscape
Impact of a changing global landscape David Lines - Principal Agenda Global Polyolefin Business: Challenges and Prospects Petrochemical & Polymer Market Overview Investment Landscape Growth Opportunities
More informationSHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT
9 April 2013 SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT Martha Gilchrist Moore Sr. Director, Policy Analysis and Economics Shale Gas Shale gas is possibly the most important energy development in the
More informationMay Feedstock Disruptions in Chemicals chains necessitate business model innovation
May 2014 Feedstock Disruptions in Chemicals chains necessitate business model innovation Strategy& has based findings on its proprietary feedstock model Strategy& global feedstock model Feedstock developments
More informationPRESENTATION TO FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS
PRESENTATION TO FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS Nathalie BRUNELLE Senior VP Strategy, Development, Research Refining & Chemicals January 22, 214 Riyadh, Saudi Arabia janv.-7 juin-7 nov.-7
More informationIHS Petrochemical Outlook
IHS Petrochemical Outlook Presentation to Indian Petrochem 2014 Tony Potter Vice President Asia Pacific IHS Chemical October 30, 2014 IHS CHEMICAL Best-in-Class Brands Brought together to form the most
More informationGlobal Petrochemical Market Outlook
Global Petrochemical Market Outlook Leveraging Competitive Feedstocks Given Energy Market Uncertainty Presented To: Congreso Argentino de Petroquimica June 14, 216 Centro Costa Salguero Buenos Aires, Argentina
More informationProspects for the Basic Petrochemical Value Chains
Prospects for the Basic Petrochemical Value Chains Steve Zinger Managing Director, Asia SZinger@cmaiglobal.com May 14, 29 Seoul, South Korea Singapore Shanghai Houston New York London Düsseldorf Dubai
More informationGrowing Latin America: Feedstocks and Competitiveness
MIDSTREAM DOWNSTREAM CHEMICAL Presentation Growing Latin America: Feedstocks and Competitiveness November 216 ihsmarkit.com Dr. Nick Rados, Global Business Director, Feedstocks +1 832 619 8593, nick.rados@ihsmarkit.com
More informationLight Olefins Market Review. Bill Hyde, Senior Director Olefins and Elastomers Foro Pemex Petroquimica June 7, 2012
Light Olefins Market Review Bill Hyde, Senior Director Olefins and Elastomers Foro Pemex Petroquimica June 7, 212 N. America Energy Market Shift Felt Around The Petrochemical World $US per Million Btu
More informationDownstream & Chemicals
Downstream & Chemicals Mike Wirth Executive Vice President Strategy Focused on Competitive Returns Deliver competitive returns and grow earnings across value chain Improving Operational Excellence Growing
More informationINTRODUCTION Enabling Iran s Future Through Partnership and Technology
UOP Olefins Seminar; Efficient Monetization of Natural Gas and LPG UOP Limited Nigel Orchard December 2016 INTRODUCTION Enabling Iran s Future Through Partnership and Technology UOP Creates Knowledge for
More informationDownstream Petroleum Sector The Growing Prominence of Asian Refining
Downstream Petroleum Sector The Growing Prominence of Asian Refining Mr. Fahad Al-Dihani Deputy CEO,MAA Refinery, Kuwait National Petroleum Company-Kuwait Outline.. Global refining trends Kuwait s Position
More informationRenewable Liquids as Steam Cracker Feedstocks
PERP/PERP ABSTRACTS 2010 Renewable Liquids as Steam Cracker Feedstocks PERP 09/10S12 Report Abstract October 2010 Report Abstract Renewable Liquids as Steam Cracker Feedstocks PERP 09/10S12 October 2010
More informationKBR Technology Business
KBR Technology Business Tanya Niu ------ Director, Chemicals 2013 Ethane to Ethylene Global Summit, Houston, TX Oct 30 th 2013 KBR, Inc. All Rights Reserved 1 KBR Technology Portfolio Refining ROSE Visbreaking
More informationDownstream & Chemicals
Downstream & Chemicals Pierre Breber Executive Vice President Profitable downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale
More informationFocus on Refinery Product Flows
December 14, 2016 Focus on Refinery Product Flows Stratas Advisors Gasoline Imports in 2014 CIS and the Middle East are the largest gasoline exporters to Asia. While China and India do not import gasoline
More informationRedrawing the global petrochemicals map and implications for olefins/polymers
Redrawing the global petrochemicals map and implications for olefins/polymers Anu Agarwal 4-Feb-2016 Mumbai London Houston Washington New York Portland Calgary Santiago Bogota Rio de Janeiro Singapore
More informationPetrochemicals: Opportunities and Challenges
Petrochemicals: Opportunities and Challenges Sandeep Poundrik Joint Secretary (Refineries) Ministry of Petroleum & Natural Gas 5 th October, 2018 1 Petrochemical Growth World scenario mmboe: million barrels
More informationExcellence in Petrochemicals. Dr. Albert Heuser President January 20, 2010
Excellence in Petrochemicals Dr. Albert Heuser President January 20, 2010 Petrochemicals part of BASF s balanced portfolio Other Agricultural Solutions Chemicals Petrochemicals 3.3 billion 14% 8.7% 8%
More informationDOWNSTREAM PETROLEUM 2017 DOWNSTREAM PETROLEUM
DOWNSTREAM PETROLEUM International and Asian Refining The global refining industry is fundamentally changing as emerging and maturing trends re-shape the global supply and demand patterns for crude oil
More informationMr. Steve Jenkins Head Global PX and Derivatives PCI X&P Malaysia
Mr. Steve Jenkins Head Global PX and Derivatives PCI X&P Malaysia Recognized as a leading global authority in the commercial analysis of the paraxylene and derivatives industry sector, Mr. Steve Jenkins,
More informationPetrochemical Industry
Braskem >> The Company >> Petrochemical Industry Petrochemical Industry Brazil: Brief History of the Petrochemical Complexes in Brazil Overview of the Brazilian Petrochemical Industry The Role of Petrobras
More informationREFINING PETROCHEMICALS INTEGRATION
ADVANCING REFINING PETROCHEMICALS INTEGRATION IN THE ARABIAN GULF CONTENTS Introduction 4 Transfer prices for interface streams 6 Integration options 7 Regional analysis 10 Incremental economic analysis
More informationPVC and Chlor-Alkali In a Vibrant Region
PVC and Chlor-Alkali In a Vibrant Region Joel Lindahl Director, Chlor-Alkali & Vinyls Americas Foro PEMEX Petroquímica Junio 2011 1Singapore Shanghai Bangkök Houston New York London Düsseldorf Dubai Latin
More informationInvestment Planning of an Integrated Petrochemicals Complex & Refinery A Best Practice Approach
Investment Planning of an Integrated Petrochemicals Complex & Refinery A Best Practice Approach RPTC, Moscow, 19 September 2012 David Gibbons Principal Process Consultant Foster Wheeler. All rights reserved.
More informationWorld Geographic Shares
World Geographic Shares North America South America Europe Africa Asia Australia/ Oceania 18% 13% 7% 22% 33% 6% World Population Shares North America South America Europe Africa Asia Australia/ Oceania
More informationExecutive Panel Discussion
Theme: Executive Panel Discussion, Thursday Dec 14, 2017 Executive Panel Discussion Moderator: Dave Witte - IHS Markit Panelists: Walter Pinto - Lyondellbasell Tony Jones - Valero Ron Corn - CPChem Mike
More informationTHE CHANGING WORLD OF RAW MATERIALS: IMPACT OF ADHESIVES AND COATINGS. Ingrid Brase
THE CHANGING WORLD OF RAW MATERIALS: IMPACT OF ADHESIVES AND COATINGS Ingrid Brase Presentation Outline Supply chain overview Factors impacting feedstock supply Crude oil Natural gas Supply chain Raw material
More informationINDUSTRY OVERVIEW OVERVIEW OF THE PETROLEUM INDUSTRY AND SUPPLY CHAIN
Certain information and statistics set out in this section and elsewhere in this document are derived from various government and other publicly available sources, and from the market research report prepared
More informationPERP/PERP ABSTRACTS Lube Oil PERP 2011S8
PERP/PERP ABSTRACTS 2010 Lube Oil PERP 2011S8 Report Abstract May 2012 May 2012 Christian Hoolan CHEMSYSTEMS PERP PROGRAM The ChemSystems Process Evaluation/Research Planning (PERP) program is recognized
More informationIndia s Petrochemical Vision 2030 Opportunities and Challenges
6 th Petrochemical Conclave India s Petrochemical Vision 2030 Opportunities and Challenges July 29, 2017 Vikas Kaushal Managing Director and Country Head A.T. Kearney, India Indian Petrochemical Sector
More informationDownstream & Chemicals
Downstream & Chemicals Mark Nelson Executive Vice President Downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale and technology
More informationThursday, March 6, 2014 Houston, TX. 8:30 9:40 a.m. AN ECONOMIST S-EYE VIEW OF THE ENERGY INDUSTRY: HYDROCARBON HAT TRICK
Thursday, March 6, 214 Houston, TX 8:3 9:4 a.m. AN ECONOMIST S-EYE VIEW OF THE ENERGY INDUSTRY: HYDROCARBON HAT TRICK Presented by Jesse Thompson Business Economist Federal Reserve Bank of Dallas, Houston
More informationNorth American Nitrogen Outlook
North American Nitrogen Outlook TFI Outlook November 2016 Doug Hoadley : Over 25 years of experience in the fertilizer industry Expert on the nitrogen, phosphates and potash industries Detailed knowledge
More informationDevelopments in China s methanol market and implications for global supply Seoul
Developments in China s methanol market and implications for global supply Seoul Anu Agarwal 8 May 2015 London Houston Washington New York Portland Calgary Santiago Bogota Rio de Janeiro Singapore Beijing
More informationImplications Across the Supply Chain. Prepared for Sustainableshipping Conference San Francisco 30 September 2009
Implications Across the Supply Chain Prepared for Sustainableshipping Conference San Francisco 30 September 2009 Agenda Residual Markets & Quality Refinery Bunker Production Supply & Pricing 2 World marine
More informationProcess Economics Program
IHS Chemical Process Economics Program Report 290 Bio-Butadiene By Dipti Dave and Susan Bell December 2014 ihs.com/chemical IHS Chemical agrees to assign professionally qualified personnel to the preparation
More informationPetroleum Planning & Analysis Cell
MONTHLY REPORT ON INDIGENOUS CRUDE OIL PRODUCTION, IMPORT AND PROCESSING & PRODUCTION, IMPORT AND EXPORT OF PETROLEUM PRODUCTS November 2017 Petroleum Planning & Analysis Cell (Ministry of Petroleum &
More informationFeedstock Challenges and Innovative Routes to Feedstock
Feedstock Challenges and Innovative Routes to Feedstock 6 th Indian Oil Petrochemical Conclave 2017 Balasubramaniam Ramani, Senior Consultant, ICIS Analytics & Consulting 1 Agenda ICIS Consulting Context
More informationPetroleum Planning & Analysis Cell
MONTHLY REPORT ON INDIGENOUS CRUDE OIL PRODUCTION, IMPORT AND PROCESSING & PRODUCTION, IMPORT AND EXPORT OF PETROLEUM PRODUCTS May 2018 Petroleum Planning & Analysis Cell (Ministry of Petroleum & Natural
More informationTABLE OF CONTENTS 6 MEDIUM-TERM COAL MARKET REPORT 2012
TABLE OF CONTENTS FOREWORD... 3 ACKNOWLEDGEMENTS... 5 EXECUTIVE SUMMARY... 12 Business as usual... 12 The winds of change... 12 US shale gas switches on coal in Europe... 13 From Beijing to New Delhi?...
More informationPetrochemical Industry - Key Geographies Experiencing Change in Feedstock Scenario
Petrochemical Industry - Key Geographies Experiencing Change Reference Code: GDCH005TR Publication Date: March 2012 The global petrochemical industry is witnessing significant changes in the feedstock
More informationIndia s Current Position in the Petrochemicals Industry
India s Current Position in the Petrochemicals Industry 6 th Annual Platts Asian Petrochemicals Markets 2017 April 19-20, 2017, Shanghai, China K.K.Jain, Executive Director (Petrochemicals-Projects) 1
More informationThe Global Downstream Market
The Global Downstream Market ANIMP Add. 2 1 The global picture The market is a challenging one for many refiners, but the picture is varied, region by region Significant capacity expansion is expected
More informationPOLYOLEFIN PRICE TRENDS AND TRADE FLOWS IN KEY AREAS Is It Possible To Mitigate Market Volatility?
POLYOLEFIN PRICE TRENDS AND TRADE FLOWS IN KEY AREAS Is It Possible To Mitigate Market Volatility? Zachary Moore ChemOrbis 11-12 June, 2014 FUTURE OF POLYOLEFINS 2014, Düsseldorf Agenda 1. ChemOrbis introduction
More information2000 TO 2015 AN INDUSTRY TRANSFORMED:
2 TO 215 AN INDUSTRY TRANSFORMED: WHAT HAS CHANGED AND WHAT MIGHT HAPPEN NEXT? Bruce Griffin TZMI.COM About TZMI TZMI is a global, independent consulting and publishing company with offices in Australia,
More informationQ3 and Q1-Q3Q preliminary results
MOL Hungarian Oil and Gas Company Q3 and Q1-Q3Q3 2005 preliminary results November 11,, 2005 Disclaimer "This presentation and the associated slides and discussion contain forward-looking statements. These
More informationAbstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999)
Abstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999) Global energy demand is rising, with fossil fuels oil, natural gas, and coal continuing to provide more than 90% of
More informationRefinery & Petrochemical Integration- An IOCL Perspective
Refinery & Petrochemical Integration- An IOCL Perspective Aromatics Olefins Refinery Presented by : Brij Behari Chief General Manager(Technical) Indian Oil Corporation Ltd Source: Argus APR'14 JUN'14 AUG'14
More informationPetroleum Planning & Analysis Cell
MONTHLY REPORT ON INDIGENOUS CRUDE OIL PRODUCTION, IMPORT AND PROCESSING & PRODUCTION, IMPORT AND EXPORT OF PETROLEUM PRODUCTS September 2018 Petroleum Planning & Analysis Cell (Ministry of Petroleum &
More informationDeveloping the Iraqi Petrochemical Industry Critical Success Factors Iraq Energy Forum 2017, Baghdad Iraq Energy Institute Research
Developing the Iraqi Petrochemical Industry Critical Success Factors Iraq Energy Forum 2017, Baghdad Iraq Energy Institute Research Strategy without tactics is the slowest route to victory. Tactics without
More informationExperiences with Structural Adjustment of the Australian Steel industry Presentation by Dr Bob Every Managing Director and CEO of OneSteel Limited
Experiences with Structural Adjustment of the Australian Steel industry Presentation by Dr Bob Every Managing Director and CEO of OneSteel Limited September 9, 2004 Contents Global Industry Landscape Australian
More informationContinued strong performance in key businesses
Continued strong performance in key businesses SECOND QUARTER PRELIMINARY RESULTS August 9, Disclaimer "This presentation and the associated slides and discussion contain forward-looking statements. These
More informationAbstract PEP Review PROCESS ECONOMICS OF COAL-BASED OLEFINS PRODUCTION IN CHINA By R. J. Chang and Jamie Lacson (May 2012)
Abstract PEP Review 2012-04 PROCESS ECONOMICS OF COAL-BASED OLEFINS PRODUCTION IN CHINA By R. J. Chang and Jamie Lacson (May 2012) ABSTRACT China has started or planned several large commercial projects
More informationNove b m er 21, Yun K Kan g Jessie i Y Yoh
Energy for tomorrow November 21, 2008 Yun Kang Jessie Yoh Industry Overview Company Overview Thesis Analysis Risks Q & A AGENDA WHY CONOCO? Leader in refining process provides natural hedge against falling
More informationMarket Report Series: Oil 2018 Analysis & Forecasts to Energy Community 10 th Oil Forum, Belgrade, 25 September 2018
Market Report Series: Oil 218 Analysis & Forecasts to 223 Energy Community 1 th Oil Forum, Belgrade, 25 September 218 Short term update: crude prices (excl. WTI) up strongly Aug/Sep $/bbl 8 Benchmark Crude
More informationBRICS Polyethylene Terephthalate (PET) Resin Market ( ): Market Insights by Demand & Supply, Trade Balance, Applications and Recycling Rate
: Market Insights by Demand & Supply, Trade Balance, Applications and Recycling Rate 6wresearch www.6wresearh.com sales@6wresearch.com 6Wresearch is the premier, one stop market intelligence and advisory
More informationTrends for Refining Residual Fuel Oil. Prepared for Bunker Asia Forum 2011 Singapore 7 September 2011
Trends for Refining Residual Fuel Oil Prepared for Bunker Asia Forum 2011 Singapore 7 September 2011 Agenda Introduction Refiner View of Bunker Fuel Product Quality Crude Oil Influences Likely Refining
More informationEthylene US Margin Report Methodology
Copyright 2015 Reed Business Information Ltd. ICIS is a part of the Reed Elsevier plc group Ethylene US Margin Report Methodology 30 September 2015 This document is intended to provide methodology support
More informationU.S. Ethane Crackers and Ethylene Derivative Capacity Additions
U.S. Ethane Crackers and Ethylene Derivative Part 1 The Economics Behind Monetizing Cost-Advantaged U.S. Ethane Reserves by CLAY JONES, TERREL LAROCHE, and CHERYL GINYARD-JONES www.honfleurllc.com HONFLEUR
More informationThe Supply of Oil. Projections to Oil and the Macroeconomy in a Changing World Federal Reserve Bank of Boston June 9, 2010 Boston, MA
The Supply of Oil Projections to 2035 Oil and the Macroeconomy in a Changing World Federal Reserve Bank of Boston June 9, 2010 Boston, MA Howard Gruenspecht, Deputy Administrator Near-term oil price uncertainty
More informationDISCLAIMER. Indofood Agri Resources Ltd.
INTEGRATED PLANTATION WITH LEADING BRANDS Company Presentation Q 2008 Results 29 April 2008 DISCLAIMER This presentation was prepared solely and exclusively for the parties presently being invited for
More informationMethodology. Supply. Demand
Methodology Supply Demand Tipping the Scale 1 Overview Latin America and the Caribbean, a major petroleum product importing region, provides an important counterbalance to surpluses in refined product
More informationThe Game Has Changed The Influence Of Shale Development On The Global Petrochemical Industry
The Game Has Changed The Influence Of Shale Development On The Global Petrochemical Industry Bill Hyde, Senior Director Olefins and Elastomers Foro Pemex Petroquimica June 7, 2012 Presentation Agenda Outlook
More informationPolyethylene Market Review. Esteban Sagel Director Polyolefins and Polystyrene North America
Polyethylene Market Review Esteban Sagel Director Polyolefins and Polystyrene North America ESagel@cmaiglobal.com Pemex June 2010 Singapore Shanghai Houston New York London Düsseldorf Dubai The PE Story
More informationPET Outlook. Chase Willett Director Polyester & Polyester Raw Materials CMAI USA. Houston London Singapore Dubai 2004 Plastic Processors Conference
PET Outlook Chase Willett Director Polyester & Polyester Raw Materials CMAI USA Global PET Demand Americas Asia Europe, MDE & Africa 23 28 1998 21% 45% 34% Tot Dem : 5.6 Mil Tons 24% 39% 37% Tot Dem :
More informationFundamentals of Petrochemical Industry
Fundamentals of Petrochemical Industry Akil Sahiwala Marketing Manager Dow Polyurethanes The Dow Chemical Company AGENDA Petrochemical Value Chain Overview Feedstocks to the Industry Chemical Value Chains
More informationPetroleum Planning & Analysis Cell
MONTHLY REPORT ON INDIGENOUS CRUDE OIL PRODUCTION, IMPORT AND PROCESSING & PRODUCTION, IMPORT AND EXPORT OF PETROLEUM PRODUCTS February 2018 Petroleum Planning & Analysis Cell (Ministry of Petroleum &
More informationPerforming In A Volatile Oil Market
Performing In A Volatile Oil Market Matti Lehmus Executive Vice President, Oil Products Capital Markets Day Key Trends Impacting Refining Margins Demand growth to resume after steep drop Supply growth
More informationPetrochemical Feed Stock, Global Olefin & Polyolefin Outlook
Feed Stock, Global Olefin & Polyolefin Outlook Paul Joo S&P Global Platts Paul.joo@spglobal.com Strategic Accounts APAC July 2017 Asian Petrochemical Industry = The Cow in the middle? Still be In a Fix
More information20 th World Petroleum Congress
20 th World Petroleum Congress Industry solutions for downstream challenges David Constable - Sasol Limited 1 Contents Downstream challenges Introduction to Sasol Global trends and Sasol s response The
More informationTanker Market Outlook
Tanker Market Outlook 4 th Maritime Indonesia Simon Chattrabhuti, Director, Head of Tanker Market Analysis Jakarta, 22 March 212 Disclaimer THIS PRESENTATION IS CONFIDENTIAL AND IS SOLELY FOR THE USE OF
More informationMathew George Indian Oil Corporation Ltd. Global Propylene & Derivatives Summit Houston 2014
Mathew George Indian Oil Corporation Ltd Global Propylene & Derivatives Summit Houston 2014 Agenda for the Presentation Acrylic Acid An Introduction Understanding Acrylic Acid Value Chain Global Market
More informationGCC CATALYST MARKET. (Saudi Arabia, UAE, Kuwait, Qatar, Bahrain) Prepared for XXXX
GCC CATALYST MARKET (Saudi Arabia, UAE, Kuwait, Qatar, Bahrain) Prepared for XXXX This is a sample report extracted from main report used only for marketing purpose 1 Table of Contents Market Size, Growth
More informationOvercapacity in the Xylenes Chain
Overcapacity in the Xylenes Chain Steve Jenkins PCI Xylenes & Polyesters Asia Sdn Bhd AUGUST 214, MUMBAI Polyester Chain Vital Statistics Since 2, 669 million tonnes of polyester have been produced Polyester
More informationPERSPECTIVES FOR THE BRAZILIAN REFINING INDUSTRY
PERSPECTIVES FOR THE BRAZILIAN REFINING INDUSTRY Jorge Celestino Refining & Natural Gas Executive Director 24.10.2016 Transformations facing the oil industry Changes in the competitive scenario: shale
More informationREFERENCE CODE GDCH0005M AR PUBLICAT ION DATE AUGUST 2014 GLOBAL DEMAND, CAPACITY AND PRICES FOR METHANOL CHINA TO REMAIN THE DOMINANT MARKET
REFERENCE CODE GDCH0005M AR PUBLICAT ION DATE AUGUST 2014 GLOBAL DEMAND, CAPACITY AND PRICES FOR METHANOL CHINA TO REMAIN THE DOMINANT MARKET Executive Summary Asia-Pacific, Led by China, Drive the Global
More information2015 Global Economics & The Downstream Industry.
2015 Global Economics & The Downstream Industry 2 Executive Summary During the past 12 months, prices in the $3-trillion-plus global downstream market have fallen 40% reaching the lowest level since June
More informationGlobal Polybutadiene Rubber (BR) Market Study ( )
Global Polybutadiene Rubber (BR) Market Study (2014 2025) Table of Contents 1. INTRODUCTION 1.1. Introduction to Polybutadiene Rubber Market Product Description Properties Industry Structure Value Chain
More informationOpportunity in Map Ta Phut Retrofit Knowledge Sharing Session. February 18, 2016
Opportunity in Map Ta Phut Retrofit Knowledge Sharing Session February 18, 2016 PTTGC Flexible Feedstock and Secured Product Offtake 2 PTTGC s feedstock sourcing is process through both external sourcing
More informationDimethyl Ether (DME) Technology and Markets
Dimethyl Ether (DME) Technology and Markets New DME Applications (e.g., Fuel), Process Technology & Production Cost Comparisons - One Step (Haldor Topsoe, JFE, Kogas), Methanol Dehydration Two Step & Liquid
More informationEthylene Oxide and Derivatives
Ethylene Oxide and Derivatives Table of Contents A Report by NexantThinking Process Evaluation/Research Planning (PERP) Program PERP Report 2014-1 Published December 2014 Section Page 1 Executive Summary...
More informationBAZAN Group Oil Refineries Ltd. First Quarter 2014 Results. May 2014
BAZAN Group Oil Refineries Ltd. First Quarter 2014 Results May 2014 1 Disclaimer This presentation has been prepared by Oil Refineries Ltd. (the "Company") as a general presentation of the Company and
More informationJapan s refining environment
Japan s refining environment Platts Asian Refining Summit 3 March 2016, Singapore Yoshi Kobayashi The Institute of Energy Economics, Japan (IEEJ) Oil in Japan 2 Oil is the largest energy source for Japan
More informationIHS CHEMICAL Light Hydrocarbon and Light Naphtha Utilization. Process Economics Program Report 297. Light Hydrocarbon and Light Naphtha Utilization
` IHS CHEMICAL Light Hydrocarbon and Light Naphtha Utilization Process Economics Program Report 297 September 2016 ihs.com PEP Report 297 Light Hydrocarbon and Light Naphtha Utilization Girish Ballal Principal
More informationQ Analyst Teleconference. 9 August 2018
9 August 218 Disclaimer This presentation contains forward-looking statements that reflect the Company management s current views with respect to certain future events. Although it is believed that the
More informationWelcome Welcome... 1
Welcome Welcome... 1 Presentation Structure Our presentation is split into three sections going through the market, operations and financials 2 3 As it has been indicated previously, it is now much clear
More informationEvolving Global Oil Trade Flows. IEA-IEF-OPEC Joint Meeting Vienna, March 2018
Evolving Global Oil Trade Flows IEA-IEF-OPEC Joint Meeting Vienna, March 2018 SHIFTING FLOWS: WHAT HAS THIS MEANT IN PRACTICE? US/Europe crude imports & exports Saudi crude to Poland Chinese teapots importing
More informationWorld Olefins Market: Anticipating Massive Middle East Capacity and Satisfying Asian Demand
World Olefins Market: Anticipating Massive Middle East Capacity and Satisfying Asian Demand Steve Zinger Managing Director - Asia Service Leader Asia Olefins szinger@cmaiglobal.com APIC Marketing Seminar
More informationAND. Copyright 2007 MMSA Pte Ltd. All rights reserved.
METHANOL AND DERIVATIVES ANALYSIS 2007 METHANOL MARKET SERVICES ASIA PTE LTD SINGAPORE Copyright 2007 MMSA Pte Ltd. All rights reserved. Neither this book nor any part may be reproduced or transmitted
More informationIndian engineering TRANSFORMING TRANSMISSION
Indian engineering TRANSFORMING TRANSMISSION A 2016 NASA photo of India s electrification. India to become the world s first country to use LEDs for all its lighting needs by 2019 (photograph courtesy
More informationRoadshow Presentation
Roadshow Presentation June 2, Wilfried Trepels, CFO 1 SAF-HOLLAND - Components Fifth Wheels Kingpins Suspensions Landing Gear Axle Systems 2 SAF-HOLLAND - Business Units Trailer Systems Powered Vehicle
More informationFormosa Petrochemical Corporation 2006 Q3 Financial Results
Formosa Petrochemical Corporation 26 Q3 Financial Results November 26 Index Our Company 2 Financials 3 Refinery Division 4 Olefins Division 5 Capital Expansion 2 Our Company: Leading Private Integrated
More informationMaximizing Refinery Margins by Petrochemical Integration
Topic Maximizing Refinery Margins by Petrochemical Integration Presented by : Rajeev Singh Global Demand for Refined Products 29% 29% 29% 29% 30% 30% 33% 10% 10% 10% 9% 8% 8% 7% 7% 7% 7% 7% 7% 7% 22% 22%
More information