Petchem Conference: 9th Phenol/Acetone & Derivatives Markets | 23-24 Feb 2012, Shanghai

Bisphenol A is an important industrial chemical used primarily to make polycarbonate plastic and epoxy resins, both of which are used in a wide variety of applications. Moreover, several BPA and polycarbonate developments in China have driven phenol demand growth accelerating development of phenol capacities. Most capacity development is concentrated in Asia Pacific, where both demand growth and feedstock availability are strongest.

And that's why, CMT's 9th Phenol/Acetone & Derivatives Markets in Shanghai on 23 - 24 Feb, 2012 aims to assess the BPA market developments, key drivers of growth of epoxy resins , and polycarbonate market expansion in Asia!

Here's a quick glance at the market-specific sessions you will not want to miss:

BPA Market Outlook & Developments
- Demand/supply balance
- Will new capacities drive up demand?
- Derivatives & new applications
Mr. Yu Seung Ik, Deputy GM - Marketing Team
Kumho P&B Chemicals Co Ltd

Polycarbonate Market Outlook
- Increasing Bayer's foothold in Asia Pacific
- Growth perspectives in a dynamic region
Mr. Hermann-Josef Doerholt, Senior Vice President, Business Unit Polycarbonates
Bayer MaterialScience (Shanghai) Management Co., Ltd

Epoxy resins: Robust Growth in Emerging Markets
- Global demand forecast
- Construction and transportation sector as key drivers
- New formulations
Mr. Sachin R Mathur, Deputy General Manager (Epoxy Division)
Aditya Birla Chemicals (Thailand) Ltd


Act now! As time is of the essence do not delay! Register Now! Or simply reply back to this email with your queries.

Carmen Beh (Ms.) Marketing Executive
Email: carmen@cmtsp.com.sg
Website: www.cmtevents.com

Iran is Expecting New Petchem Plants

Hamidreza Seyyed Jafari, the corporate planning director of the National Iranian Oil Refining and Distribution Company (NIORDC), is quoted to have mentioned that new petrochemical plants, targeting to produce propylene-chain will be launched at the refineries of Imam Khomeini, Shazand and Isfahan.

Iran is expecting to churn out as much as $14 Billion of petrochemical export revenue by 2012.

Most of the products are second level derivatives such as polyethylene, methanol, benzene, ammonia, sulphur and PVC.

It would be interesting to note that United States is currently fighting for a sanction and trying to get Europe on table on Iran.

Dim Outlook on Iran's Petrochemical Sector

Iran's Petrochemical sector is expected to be badly affected by the recent announcement by the US Government to impose yet another sanction. This time it is specifically targeting Iran's petrochemical industry.

The sanction can be as soon as next Monday.

Iran has responded that it is largely a political motive by the IAEA and the United States in accusing Iran of having nuclear power. European countries are expected to follow suit, but not immediately, especially during these times as the bloc is fighting its own economic turmoil and companies with roots in Europe are feeling nervous.

Further sanctions will hurt the companies having business deals on the petrochemical industry with Iran.