2019 Wood Mackenzie Americas Polyester Conference

  • Houston, United States
The polyester industry is going through a tumultuous period of time, from PET resin shortages due to the M&G bankruptcy filing impacting the new Corpus Christi TX integrated PTA/PET resin plant. To PTA and polyester plant outages at a time of high demand, new government legislation and restrictions with the China Waste Ban as well as Tariff War between the US and China. The entire polyester chain is affected. Normal polyester trade flows have been further disrupted by a number of punitive anti-dumping and countervailing duties placed on PET resin and polyester staple imports from many countries. These and other topics will all be discussed and analysed in depth by our Wood Mackenzie experts and guest speakers at our upcoming 2019 Wood Mackenzie Americas Polyester Conference, Houston TX 27-28 February 2019


  • 27 February 2019

    • Registration

    • Polyester Industry - Training Session

      A half day training session which will provide everything you or your team need to get up to speed with the polyester industry. With many competing drivers in the polyester industry which surface at difference times this session will explain Read More...

    • Registration

    • Welcome & introduction

    • Economy

    • Cotton, is there a future?

      Cotton production and technologies US and China Trade wars Production forecasts


      • Dr. Terry Townsend is a consultant on cotton issues. He serves as the Chair of the Discover Natural Fibre Initiative (DNFI), Coordinator of the ITMF Steering Committee of the International Task Force on Cotton Testing Methods and Treasurer of the International Forum for Cotton Promotion (IFCP). He served as statistician of the International Cotton Advisory Committee (ICAC) for 12 years and executive director for 15 years before retiring at the end of 2013. He has a Ph.D. in Agricultural and Resource Economics from Oregon State University in the United States.

    • Coffee Break

    • Will the global focus on plastics in the environment change prospects for the US RPET industry?

      Impacts of changing trade flows of PET waste Are there real drivers to change US policy on recycling? End use strategy set to drive forward demand for RPET?


      • Helen was a Business Studies graduate from Nottingham Trent University and has worked in consultancy for nineteen years including earlier experience in the IT industry. She joined The PCI Group in 2004, supporting the client base with market analysis and custom research for both virgin and recycled PET markets. Helen now leads the activity to support to the RPET chain worldwide with a wide network of contacts including collection agencies, all major reclaimers, technology suppliers, machine manufacturers, industry associations, government bodies and major brand owners. Helen’s key role is to lead research and analysis for all aspects of PET recycling, its place in the increasingly important agenda for sustainability of the entire supply chain and its fusion with the growing global focus on the Circular Economy. In line with this, Helen is developing research and insight into the recycling of other polymers and materials used in packaging.

    • New Horizon for Chemical Recycling

      Brand owners and retailers – a look into sustainable solutions roadmap to consumers and suppliers Post-consumer plastics value in today’s recycling landscape Chemical recycling processes: new opportunities to reclaim the value of these materials Innovations and new technologies – a new potential to deploy capital?


      • Sanjay Mehta is the Sustainability Platform Manager at Indorama Ventures, where he leads the Global Recycling Steering Committee. He has been affiliated with the field of polyester for over 30 years. During this time, Sanjay has led various technology platforms including several university collaborative research programs. Based in the US, he has led Indorama’s efforts in sustainability technology and business development. By leveraging both Indorama’s strong technical expertise and global manufacturing base and by engaging with external technology providers, Sanjay and his team strive hard to provide polymer solutions with recycled and renewable content to downstream customers. Sanjay has a strong technical and business background. He has earned a Ph.D. in Polymer Science and Engineering from the Indian Institute of Technology at Delhi, and a Post Graduate Diploma in Management from Delhi, India.

    • Drinks reception

    • Dinner

  • 28 February 2019

    • Welcome coffee

    • Welcome & introduction

    • Oil & Refining


      • Ed leads Wood Mackenzie’s global crude oil research and is also responsible for Wood Mackenzie's global macroeconomic outlook. He joined Wood Mackenzie in 2009 and has spent 10 years working across the energy and metals space. Ed built out Wood Mackenzie's macroeconomics team – now a global team of economists responsible for our global macroeconomic outlook to 2035. Using Wood Mackenzie's upstream analysis, his team have developed a specialisation in the threats and opportunities facing commodity producing economies. In 2016 Ed became responsible for Wood Mackenzie's oil price outlook, including the development and commercialisation of our Oil Price Model. Throughout his career, Ed has focused on macroeconomic forecasting and econometric modeling. Prior to Wood Mackenzie, he headed CRU’s Econometrics team in London – responsible for developing price forecasting models for base metals and steel. Before moving into commodities, Ed held Senior Economist positions at HM Treasury and the UK Debt Management Office where he briefed former Prime Ministers Tony Blair and Gordon Brown. Ed also served as an Economist at the Home Office in London, and the European Central Bank in Frankfurt where he focused on Latin America. Ed holds an MSc in Economics from Southampton University, and a BSc in Economics from The University of Birmingham. He is also an alumnus of the London School of Economics.

    • PX - Will paraxylene markets in 2019 echo the trends seen in 2018?

      What does the investment schedule look like over the next couple of years? How does the margin environment shift between today and 2021, factoring in changes to the cost base? What does this mean for the health of producers in the Americas?


      • 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.

    • Networking break

    • North America PTA – is there enough to go round

      How will North American PTA production develop over the next 2-3 years What's the impact of CC Polymers on PTA production Will there be a shift of trade in the Americas – with less physically going to Europe Can there be wholesale PTA imports into the US


      • Michael Bermish is a Senior Consultant with Wood Mackenzie. He has a PhD in Economics with 36 years of experience in the polyester industry. Based in the U.S., Michael is primarily focused on the Americas markets for polyester and upstream raw materials. Prior to joining PCI now Wood Mackenzie Chemicals Michael was both Director of Strategic Planning and Development and Investor Relations Officer for Wellman, Inc., a leading polyester producer.

    • The use of the trade remedies laws in the fiber industry: why are cases more frequently used and how

      Why are antidumping and antisubsidy (countervailing) duty laws so frequently used? What does it take to bring a case and what are the implications for domestic producers, exporters and importers? What is the status of cases that have been filed? Will there be more in the future?


      • Paul Rosenthal is a partner in Kelley Drye’s International Trade practice and co-chairs the firm’s Government Relations and Public Policy practice. Paul is a member of the firm’s executive committee, and previously served as managing partner of the Washington, D.C. office. He serves as both a strategic advisor and hands-on advocate for his clients’ interests, which often involve a complex mix of legal, economic and political challenges. Paul has assisted clients from a wide range of industries, including manufacturing, technology, food and healthcare, to name only a few. He has appeared, and succeeded, before all of the U.S. trade agencies and reviewing courts. Paul has represented clients in disputes involving the World Trade Organization (WTO) and the North American Free Trade Agreement (NAFTA), as well as in multilateral and bilateral negotiations. Paul’s government relations practice involves trade and non-trade issues before Congress and the Executive Branch. Of particular note, Paul acts as general counsel or Washington counsel to several international and national trade associations, and previously served as counsel to the U.S. Senate Committee on Governmental Affairs for more than five years.

    • Surviving the volatilities, instabilities, and uncertainties of the ethylene markets

      Drivers of current markets – volatility of ethane feedstocks, excess ethylene monomer in US, and new capacity coming on-line Outlook for the future – the 2nd wave of ethylene investments in US, another investment wave in China in the 2020s Read More...


      • 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 Lunch

    • MEG- US versus China- who wins on the capacity surge?

      Global MEG is close to balanced for 2019 2020 is expected to begin an extended surplus cycle Asia will bear the pressure of dealing with over supply China export tariffs are not an issue for the US until 2023


      • 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.

    • PET: Is stability of supply set to return to North America?

      2018 was a year of tightness – will 2019 be the same? Has the door opened for Asian imports in to North America? Will water or recycling impact the demand for virgin PET more in the next 5 years?


      • David joined Wood Mackenzie in September 2018 as the Director Research PET & RPET. David has 30 years of experience with one of the world’s major oil companies and leading producer of paraxylene and PTA. The last 11 years, of which, were in petrochemicals working in the Aromatics and Acetyls businesses where he developed an in-depth understanding of the polyester supply chain including PET and its key raw materials and markets. David has an MBA from The University of Warwick, UK, and is a Member of the Charted Institute of Marketing.

    • Networking break

    • Polyester Fibres Update

      Review of how polyester filament is leading global demand growth See how trade wars are affecting the polyester fiber world Analysis of how raw materials, antidumping, and tariffs are changing US fiber pricing


      • Laura joined Wood Mackenzie in 2017 after more than 25 years in the nylon and polyester industrial fiber business. Prior to joining Woodmac, she worked for DuPont, Kordsa, Hailide America, and most recently Nexis Fibers. Her roles have included everything from process engineer to shift supervisor to market manager. Laura grew up in Rhode Island and received a chemical engineering degree from Rensselaer Polytechnic Institute. In her spare time, she is an avid underwater photographer and is currently trying to improve her golf handicap. She enjoys the occasional glass of pinot noir in her suburban Philadelphia home.


Full Price


Training Session - Optional