2018 Wood Mackenzie Americas Olefins Conference

  • Hilton Post Oak, Houston
  • Houston, United States
“Examining the risks to the super-cycle” For the past four years, the global olefins & polymers industry has experienced record levels of profitability. As with any commodity industry, strong prices and profitability can entice new supply and restrict demand, and the global olefins & polymers industry is indeed responding with many planned investments in North America, Asia, Europe, Middle East, Russia. Although some analysts believe the industry is situated for a perpetual margin super cycle, this conference will consider the true implications of the new planned investments throughout the world. In addition, this conference will examine other key risks to the olefins & polymers industry: • China’s waste import ban and the unavoidable importance of plastic sustainability initiatives and waste reduction • North America’s gas-based chemical and polymer investment waves • China’s massive investment plans to become self-sufficient on chemicals & polymers • Tariffs, trade wars and the breakdown of important trade partner relationships • Peak transportation demand for crude oil and evolution in crude-to-polymers technologies Join us as Wood Mackenzie's olefins and derivative experts answer these questions and forecast who will be the winners and losers in the future at the 6th Annual Americas Olefins Conference on September 26/27 in Houston Texas.


  • 26 September 2018

    • Introduction to Olefins & Polyolefins Training - Optional

      Ethylene o Production Sources – Steam Cracking, Methanol-to-Olefins, Ethanol Dehydration o Demand Sectors – Polyethylene, Ethylene Glycol, Vinyls, Styrene, Alpha Olefins o Commercial Considerations – Market Dynamics, Prices, Logistics, Key Read More...

    • Networking Lunch and Registrations

    • Keynote opening

    • Americas Olefins: will the 2nd and 3rd investment waves in North America be successful?

      North America project updates & plans Cracker economics USGC, Appalachia, Canada Risks: monomer length; olefin & NGL exports; capital cost escalation


      • Steve Zinger joined Wood Mackenzie in 2012 to develop a global chemical research team to compliment Wood Mackenzie’s existing capabilities in energy, metals, and mining. He now coordinates the Chemical Consulting Practice in the Americas. Steve currently contributes to research, multi-client, and private consulting studies using his expertise in the markets for ethylene, propylene, and butadiene. He regularly provides executive presentations about the outlook for the chemical industry for his customers’ private meetings as well as for key chemical industry events. Steve has over 25 years of international experience in the chemical industry, in various roles including Managing Director of Asia (Singapore) and Global Olefins Business Director (USA).

    • Networking break

    • Europe & Middle East Olefins: will the Greater Europe area continue to invest in olefins?

      • Importing ethane/LPG feedstocks; Crude-to-chemicals in Saudi; European-led sustainability initiatives
      • Risks: Middle East crude oil diversification, Iranian uncertainty, Russian investment wave coming


      • Patrick joined Wood Mackenzie’s Chemicals team in 2013 as an olefins analyst in the EMEARC region, with almost a decade of direct experience in the petrochemical industry with CMAI as a senior consultant in the EMEA region, and with SABIC Europe. Patrick graduated with a first class MEng degree in Chemical Engineering from the University of Manchester (formerly UMIST) and is a chartered engineer with the IChemE.

    • Asia Olefins: will China dominate the future Olefins markets?

      China and Rest of Asia Project updates & plans Importing ethane to make ethylene and propane to make propylene, CTO/MTO trends, a resurgence in naphtha cracker investments Risks: Olefins self-sufficiency in China, Sustainability of China’s economic growth, Trade wars


      • Kelly joined Wood Mackenzie’s Chemicals team in August 2013 as a petrochemical consultant. She is based in Wood Mackenzie’s Shanghai office and oversees the China market. Kelly has extensive experience in CTO & MTO sector, an emerging force in China’s chemical industry. Since joining Wood Mackenzie, Kelly has worked on both olefin and downstream supply & demand and cost & price analysis, she is an integral team member for most chemical consulting projects undertaken in China. Her most recent work is a multi-client study covering every single detail of China’s CTO / MTO. Before Wood Mackenzie, Kelly was a consultant in a European petrochemical consulting company for 5 years. Kelly also had several years’ sales and marketing experience with two other chemical companies.

    • Networking Drinks

  • 27 September 2018

    • Welcome coffee

    • North America Energy & NGLs: how long can cheap NGLs feedstocks last?

      Risks: ethane & propane exports, peaking of shale supplies, tariffs & trade barriers


      • Joe joined Wood Mackenzie in 2015 to lead Wood Mackenzie’s short-term olefins and NGL services. He currently leads a team that publishes monthly reports and insights on the near-term outlook for the ethylene, propylene, and NGL commodity markets. He brings nearly twenty years of experience in the energy and petrochemical industries, starting at ExxonMobil and Westlake Chemical in process engineering, financial analysis, and feedstock procurement roles. Most recently he managed NGLs and Olefins trading desks for BP and Castleton Commodities (formerly Louis Dreyfus Energy). Joe graduated with a BS in Chemical Engineering from Pennsylvania State University and an MBA from the University of Houston.

    • Global Polyolefins: can the world absorb all the new volumes?

      Risks: recycling & sustainability, China self-sufficiency, tariffs & trade barriers


      • Currently leads PCI Wood Mackenzie’s polyolefins service, with a decade of experience in research and consulting for the commodity and specialty polyolefins; has developed strategic research tools and analytics products to integrate commodity polyolefins into the existing PCI Wood Mackenzie chemical research Has a broad background with projects ranging from refining to petrochemicals, solvents to specialty polymers and catalysts to plastics converted goods Before joining PCI Wood Mackenzie, Ashish held several roles at Chemical Market Resources, Inc. Here, he consulted numerous clients with market entry strategy, mergers and acquisition, project feasibility, opportunity analysis, technology evaluation and market assessment of chemicals, polyolefins and catalysts sector. Graduated from SUNY Buffalo with a BS and MS in Chemical and Biological Engineering

    • Networking break

    • Global Butadiene: can this by-product market ever achieve a stable balance?

      Risks: demand destruction, on-purpose butadiene, price volatility


      • Jay McMurrey joined Wood Mackenzie’s chemicals team in 2014; his emphasis currently resides in olefins, covering ethylene, propylene, and butadiene markets. At Wood Mackenzie, Jay has helped develop and maintain olefins research offerings and analytics. He has also worked closely to integrate the olefins research of legacy Wood Mackenzie and PCI products in the new PCI Wood Mackenzie organization. Jay has over 10 years of experience in the energy, chemicals and financial industries, with roles in corporate strategy, project development, market analysis, and process improvement. After a brief stint in investment banking (2007-2008), Jay was introduced to the chemical industry via a development company pursuing gasification, and subsequently worked for gasification technology start ups. After the shale gas revolution, Jay pivoted into the olefins space and brought his project development experience to a C4 processing company pursuing on-purpose butadiene and other butylene based projects. Jay is a graduate of Colby College with an Economics degree

    • Global Styrene: will weak polystyrene demand prospects destroy current levels of profitability?

      Risks: Ethylene price escalation, Polystyrene regulation & recycling, duties & trade barriers


      • Ryan joined Wood Mackenzie’s Chemical Research team in 2012, with broad experience across aromatics and gasoline blending. He is developing new chemical research products and analytics that integrate Wood Mackenzie and PCI research models. He is also developing new models to further improve our existing research products. Ryan brings eight years of previous commercial petrochemical industry experience both at a trading organization and in market consulting. Ryan holds a Bachelor’s degree in Chemical Engineering from the University of Texas at Austin.

    • Global Vinyls: Will Vinyls be a part of the 2nd and 3rd wave of North America investments?

      Risks: Backward & forward integration, China acetylene based capacity, Tariffs & trade barriers


      • Joel Lindahl joined Wood Mackenzie’s chemicals team in July 2013, bringing extensive experience in the chlor-alkali and vinyl industries to the petrochemical team in Houston. Joel’s experience extends across chlorine, caustic soda, EDC, VCM, PVC and related chemistry chains. Joel has twenty six years in manufacturing, engineering, management and procurement roles in the industry (heritage BFGoodrich/Geon/PolyOne) and seven years as Director of Chlor-alkali and Vinyl Studies at Chemical Market Associates (CMAI). Joel earned his BS in Chemical Engineering at the University of Arizona and added a Masters in Business Administration from the University of Houston. Relevant client consulting experience includes: Americas market entry strategy for Korean chemical company looking to sell production output from a new caustic soda production facility. Global VCM supply strategy and sourcing outlook for a Southeast Asia PVC producer, comparing cost structures, forecast delivered prices and business attractiveness of major potential suppliers. EDC and caustic soda market analysis including demand, cost/margin/price forecast for U.S.-based joint venture in chlor-alkali/EDC. Chlor-alkali product analysis for major U.S. producer seeking to expand downstream into chlorine derivatives, including major products EDC, VCM and PVC, titanium dioxide, and minor derivatives of chlorine.

    • Global Ethylene Oxide/Glycols: can the world absorb new North America capacity?

      Risks: Global overcapacity, Backward & forward integration, DMO technology in China


      • Doug received a B.S. Chemistry from Delaware Valley University in 1970 and a M.S. Chemistry, West Virginia University 1972. He started his professional career in 1972 with ICI Americas in Wilmington, Delaware in sales of Ethylene oxide derivatives and then to the new petrochemical division in 1980 as regional manager developing a new customer base for EO, MEG, DEG, TEG, glycol ethers, ethanolamines and brake fluid for a new 300 kt plant in Bayport, Texas. Appointed National Sales manager for ICI in 1985 then Global Sales Director in 1987 with Cain Chemical and then Global Marketing Director for Oxychem (now LyondellBasell). Left Oxychem in 1991 and started with the PCI consulting in 1992 as their head of EO MEG EOD consulting services.


Conference Registration