Industry Experts from ExxonMobil Chemical, Dow Chemical and others to focus on the impact of the next capital cycle on the competitive global chemicals market
Thursday, January 9, 2014 6:06 pm EST
"The Investment Surge in North America: How much and How Fast?"
IHS Chemical will host the 2014 IHS World Petrochemical Conference and Workshops March 25 – 28, 2014, at the Hilton Americas Hotel in Houston. This year’s conference will focus on the impact of the next capital cycle and the sustainability of an increasingly competitive global chemicals market. New to the 2014conference are the Petrochemical Technology Renaissance Seminar, the Latin American Petrochemical Networking Meeting, an interactive product expo, and an event mobile app.
Stephen D. Pryor, president, ExxonMobil Chemical Company, will deliver a luncheon keynote address on Wednesday, March 26. Earlier in the day, Jim Fitterling, executive vice president/feedstock, performance plastics, Asia and Latin America, for The Dow Chemical Company, will speak to “The Investment Surge in North America: How much and How Fast?”
“The coming capital cycle is taking shape — a number of technology-led shale and coal expansion deals are in progress,” said Dave Witte, senior vice president and general manager of IHS Chemical. “However, the timing and costs of planned investments, as well as the magnitude of pinpointing underlying demand, remain uncertain. This conference will bring together industry leaders and experts to share their views and provide clarity.”
The 2014 IHS World Petrochemical Conference will also feature leaders from chemical and technology companies who will join IHS experts to cover the economics of this fast-paced industry, to include: companies poised to lead the next capital cycle, merger and acquisition (M&A) activities and how they will influence investment, the overall global state of the industry, and the drivers behind the renaissance of process technology innovation, among others.
During the Wednesday session, Nariman Behravesh — chief economist for IHS and one of the world’s most noted authorities on the global economy — will offer his views on the world economic outlook. Bill Sanderson, IHS vice president, downstream research and consulting — energy insight, will detail the global energy outlook. Witte will address the global state of the chemical industry, while Mark Eramo, vice president, chemical industry Insights, IHS will deliver an overview of the global petrochemical market.
“The North American unconventional energy revolution has created significant new opportunities for growth and expansion for chemical producers with U.S. facilities, and is driving significant M&A activity in the sector,” said Eramo. “Companies without a U.S. foothold are seeking acquisition targets, since they cannot afford to miss out on the low-cost feedstocks that shale plays offer. The global balance of chemical supply has shifted significantly in a few years, which is creating investment opportunities and an unprecedented shift in capital toward North American projects. This investment cycle is going to be a key focus of our discussion at the World Petrochemical Conference.”
On day three, the conference will provide in-depth perspectives regarding specific chemical value chains and markets divided into four concurrent sessions focused on:
Olefins and derivatives
Chlor-alkali and derivatives
Aromatics and fiber intermediates
Specialty chemicals and the end-use markets
The new Petrochemical Technology Renaissance Seminar being held March 27-28, will feature IHS experts and technology developers with Siluria Technology, CB&I Lummus Technology and Honeywell UOP, among others, who will analyze and assess the latest in petrochemical technology innovation.
At the Latin American Petrochemical Networking Meeting on Friday, March 28, participants will learn firsthand about the business opportunities from people and companies already doing business in the region.
In conjunction with the 2014 World Petrochemical Conference, the following training workshops will be held at the Hilton of the Americas on Tuesday, March 25.
Petrochemical Industry Fundamentals (March 25 and March 28)
Understanding Petrochemicals Made from Biomass
Introduction to Thermoplastics
Introduction to Monetizing Shale Gas, Natural Gas and Coal in Petrochemicals
Understanding NGL Feedstock Economics
NGL Price Drivers
Early-bird registration for the conference only is $1,650 per registrant, and is available until February 7, 2014. After that date, registration fees increase to $1,950. Additional fees apply for workshop participation, including the new technology seminar and the Latin American petrochemical networking meeting. To view the current agenda for the 2014 IHS World Petrochemical Conference and register for the event or the training workshops, please visit www.ihs.com/info/events/wpc.
Media Please Note: The event will include an on-site workroom for media, featuring internet access, ample workspace and a dedicated staff liaison to assist with facilitation of interviews. Members of the news media interested in covering the event can do so free of charge, but must register in advance by contacting Melissa Manning at firstname.lastname@example.org or 1+ 832-458-3840. When doing so, please send your name, organization, phone, e-mail, and organization website.
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs approximately 8,000 people in 31 countries around the world.