Complimentary forum:
Argus Petrochemical Feedstocks Forum
The Plaza Hotel, Seoul, Ruby Room. 22nd Floor
7 November 2017, Tuesday
9:30 am - 12:00 pm (Registration starts at 9:00 am)
Register here
Outlook for naphtha economics in the age of gas cracking
Naphtha crackers have seen record margins and operating rates in the past two years. With cheap and abundant naphtha, as well as high petrochemical prices, Asian crackers have reaped big rewards. But is this the beginning of a different future that belongs to gas-based production, overcapacity and a decline in the strong position of naphtha as a petrochemical feedstock?
Agenda |
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09:30-09:40 |
Opening Address
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09:40-10:00 |
Changes in global naphtha trade dynamics
• Supply demand changes in exporting and importing countries
• Open-spec trade no longer liquid • Increased competition with LPG and other feedstocks Presented by Masaki Mita, Head of Japan, Argus
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10:00-10:30 |
US gas cracker start-ups: End of the petrochemicals super cycle?
• Update on US cracker startup schedule and petrochemicals exports
• Ethane supply and pricing outlook • Naphtha cracker production economics versus gas crackers Presented by Anu Agarwal, Head of Editorial, Asia, Argus
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10:30-11:00 |
Pricing solutions for naphtha in Asia
• Naphtha pricing structure in Asia
• Argus assessment procedure • Argus Open Markets introduction and benefits to the market Presented by Kevin Wright, Vice President, Petroleum Products, Asia, Argus
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11:00-11:20 | Q&A |
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Topics to be discussed:
- Demand and supply in the Asia-Pacific and Middle-East bitumen markets
- India’s growing bitumen needs on the back of Infrastructure growth
- How can
southeast Asian producers cater to India’s growing bitumen demand? - Panel discussion: Refiners and importers playing a crucial role in India’s bitumen growth
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Featured speakers: |
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Sanjay Grover, CEO, Kemaman Bitumen
Sanjay Grover has 32 years of experience in the oil and gas industry, ranging from sales and marketing to refining. He started his career with Hindustan Petroleum where he worked for 20 years before moving on to MRPL and Hindustan Colas. He is currently chief executive of Kemaman Bitumen in Malaysia.
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Aabha Gandhi, Asian Asphalt Editor, Argus
Aabha Gandhi joined Argus in 2013 as the Asian Asphalt Editor. She is responsible for price assessments, commentaries and coverage of bitumen in the Middle East and Asia-Pacific. She writes for the weekly Argus Bitumen Report. Aabha has nearly 14 years of work experience, with the majority of the time spent in journalism.
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