a free seminar being presented by ICIS before the 50th EPCA Annual Meeting
Date: Sunday, 2 October 2016
Time: 9 am to 11 am
Venue: Ballrooms, Marriott Hotel, Budapest
ICIS is pleased to offer a pre-seminar covering the biggest factors impacting European petrochemicals markets today.
ICIS consultants will offer their views on how the chaotic conditions in feedstock and product supply and demand are likely to impact your business and investments in the next ten years.
Referencing data from the ICIS Global Supply and Demand database, they will provide you with a road map through today’s challenges and a clear vision of the new opportunities emerging for future growth and profit.
Senior Consultant Global Refining & Petrochemical Feedstocks
Stefano manages the Energy and Refining practice of the company with global responsibility. He has over 20 years of experience and is recognised as an international expert in his field.
He leads the development and maintenance of global databases covering production capacity, supply/demand balances and trade movements.
He can be reached at: Stefano.Zehnder@icis.com
Senior Consultant, Asia
John is a highly experienced trainer and chemicals industry journalist, who has been working in the industry for 16 years.
He has deep knowledge of the companies and people who have transformed Asia into the world’s major production and consumption region. He provides insightful, factually based analysis of the key issues facing the industry.
He can be reached at: John.Richarson@icis.com
Chairman of International eChem
Paul is Chairman of International eChem, trusted commercial advisers to the global chemical industry. He is a co-author of the ICIS Scenario study, produced by ICIS and International eChem. He is a guest panellist at the ICIS pre-seminar at EPCA. He can be reached at: email@example.com
Set up email alerts for the most fluid markets, to help you keep on top of market movements and enable you to react faster in the event of price changes and other major developments.
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‘ICIS Insight Editor Nigel Davis talks about the long-term outlook for European producers and their major topics of discussion for the EPCA.’
‘Markets Editor Chris Barker interviews Markets Reporter Ben Lake about the challenges facing the ETAC market ahead of EPCA 2016.’
‘ICIS consultant Rob Peacock talks about Consulting and Analytics' program for EPCA 2016 and the impact of new capacities in the benzene market.’
EU benzene imports continued the growth trend of recent years and were up again in H1 2016 compared to the same period last year, with strong prices earlier in 2016 helping pull volumes from other regions. More capacity coming online in Saudi Arabia and India should also see additional volumes making their way into the EU by 2017. Meanwhile, EU benzene exports saw a considerable drop in H1 2016 compared to the previous year, with reduced extraction capacity in Europe and the firmer domestic prices limiting opportunities to move material out of the region.
While the US remains the key source of styrene imports arriving into the EU, H1 2016 saw an overall drop in volumes moving into the region despite some planned production closures. The restart of the 550,000 tonne/year ELLBA unit at Moerdijk in January 2016 helped rebalance some of the tightness in Europe, and a stronger Asian market earlier in 2016 also diverted US material away from Europe. This also led to more styrene exports leaving the EU in H1 2016, with the opening of the eastbound arbitrage window.
The vote in favour of the UK leaving the European Union delivered a blow to business and to an industrial sector overwhelmingly supportive of the ‘Remain’ camp. The data from ICIS Consulting shows what proportion of the EU’s major petrochemical assets are in the UK.
They also illustrate the latest trade flows for the major olefins, aromatics, 12 major polymers and 21 intermediates.
Having a view of the future supply-demand scenario is crucial in shaping your forecast planning and business strategies. Download the ICIS Polyolefins Trade Flow infographic now to:
Europe’s ethylene landscape has been more fluid and dynamic over the past two years than ever before. The advent of low oil prices in Q4 2014 led to record cracker margins, strong demand, and increased operating rates, which in turn was considered a factor in the unprecedented number of production problems in 2015.
This mid-year trade flow review infographic using data from Eurostat demonstrates how Europe has managed the rollercoaster environment.
Africa offers huge potential growth for plastics and the region has been attracting increasing interest from producers and traders in recent years. This outlook takes a look at Africa’s complex and challenging market made up of many economic and political differences, and how polymer consumption has fluctuated as a result.