Asian petrochemical industry conference

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Sunday, October 27, 2019
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Asia Petrochemical Market to Grow in Tandem with the Region's Strong Economic Growth

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36th Annual Asia Pacific Petroleum Conference (APPEC ) | S&P Global Platts

The past three years have largely spelled positive margins for well-placed petrochemical companies with access to cheap feedstock. Industry watchers are calling for players to strengthen collaboration in order to create more value and sustain profitability in future. With Asia's strong economic growth of about 5. With the positive outlook, industry players can work in concert to consider the impact of digital revolution and advanced analytics on operating models as well as to capitalise on industry innovations for sustainable and extensive value creation. Since , leading Asian petrochemical corporations have staged discussions and critical analysis from across the petrochemical industry value chain.
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Asian Downstream Summit

Polyethylene terephthalate PET has the greatest potential to be recycled. The worldwide demand outlook for methanol has softened in the past year due to expected weaker economics and operating rates at methanol-to-olefin MTO plants in China, and lower Chinese demand for methanol in fuels, exacerbated by major geopolitical threats Plastics recycling is an integral link in the circular-economy value chain, and recyclers need to achieve and maintain viable commercial operations Plastics-recycling technologies must continue to advance rapidly, together with efforts to ensure recycling solutions can be commercially viable
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