2018 PCI Wood Mackenzie Americas Polyester Industry Conference

  • Houston Airport Marriott at George Bush Intercontinental
  • Houston, United States
The US and the world is now nearly through one year of the Trump Administration. Although this has shaken up international global norms, from an economic prospective, we have seen US economic growth improve to the 3% range over the last two quarters, but will it last? On the energy front, OPEC's agreement to production cuts has held, helping stabilize prices in the upstream polyester intermediates markets. However, the Americas polyester markets have been roiled by the restructuring of M&G, affecting the time table of its large integrated PTA/PET resin plant at Corpus Christi, Texas and possibly the conversion of a PET resin line to polyester staple fibre by another polyester producer. On the MEG side, major new capacity additions are still expected to be on stream by 2019, making regional polyester producers more competitive on the global market. Combined, these factors will likely change the nature of the polyester and upstream intermediates markets over the next few years and could very well have implications for the polyester industry for years to come. Join us as we discuss and analyse those issues in depth at our PCI Wood Mackenzie Americas Polyester Conference, 21 - 22 February in Houston


  • 21 February 2018

    • Registration

    • Recycling Overview - training & teaching session

      Recycling Overview 2:20 PM - 3:20 PM This afternoon session will provide everything you or your team needs to get up to speed on the Recycling industry. There are limited places available for this session. By ticking the box during registra Read More...

    • The PCI Wood Mackenzie PX asset cost tool service: overview

      Registration from 1:20 PM - 2:20 PM PX Asset Cost Tool Service - Overview This 1 hour session lead by Gordon Haire will provide an informal and interactive review of how PX technology and feedstocks have evolved. There are limited places av Read More...

    • DEG and PEO session

      Global balance projected shortfall DMO in China creating DEG imbalance US will go long starting mid 2019

    • Networking drinks

    • Dinner

    • Welcome address

    • North American economic and Polyester outlook, one year into Trump administration: what has changed?

      Current state of the regional economy. Current state of the regional polyester markets. Policy changes under the Trump administration. What new policy changes can be expected this year? What is our baseline forecast growth rate for the regi Read More...


      • Michael Bermish is a Senior Consultant with PCI 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, Michael was both Director of Strategic Planning and Development and Investor Relations Officer for Wellman, Inc., a leading polyester producer.

    • Cotton and other fibres: the rise of emerging countries

      Can rising incomes in emerging countries sustain growing volumes of cotton and viscose staple fibre? Divergent trends for acrylic and wool prices. Changing industry structure in nylon fibres and spandex. State of play for recycling technolo Read More...


      • Bruna Angel has Masters degrees in Economics and in Agricultural Economics from the USA. Bruna was involved in the econometric modelling of agricultural commodities at the Center for Agricultural Research and Development (CARD) at Iowa State University, USA. Between 1990 and 2000 Bruna worked with The Woolmark Company developing supply, demand and price analysis and forecasts for key players in the wool market. She has travelled extensively in China, Australia and South America. Bruna has been with PCI Wood MacKenzie since 2001 working on natural fibres and their interaction with man-made fibres, on trade data and trade policy issues and contributing to our single client projects in the man-made fibre area. She is a specialist in spun yarn markets involving all the main chemical fibres and natural fibres. She also provides important consulting advice on current trade-issues across regions and products involving fibres, textiles and apparel

  • 22 February 2018

    • Oil and refining


      • Ed leads Wood Mackenzie’s global crude oil research and is responsible for Wood Mackenzie's global macroeconomic outlook. He joined Wood Mackenzie in 2009 and has spent 15 years as a professional economist working across energy, metals, and financial markets. Ed built Wood Mackenzie's macroeconomics team – now a global team of economists responsible for our macroeconomic outlook to 2035. Using Wood Mackenzie's upstream analysis, the Team has developed a specialisation in the threats and opportunities facing commodity producing economies. Ed now leads Wood Mackenzie's oil price outlook, including the development and commercialisation of Wood Mackenzie's 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.

    • Paraxylene: what opportunities and threats await buyers and sellers now that the ramp up in region

      How will the regional refining outlook impact the competitive feedstock position for aromatics? What opportunities and threats await PX buyers and sellers now that the uncertainty around M&G's Corpus Christi PTA/PET project will inevitably Read More...


      • Gordon now heads PCI Wood Mackenzie’s Aromatics team. Gordon has significant experience in refining/petrochemicals optimisation, and in paraxylene production economics, technology evaluation and project/manufacturing management. He joined the PCI Group in 2009 following 20 years with one of the world’s major oil companies and leading producer of paraxylene and PTA.

    • Morning Coffee break

    • New North America capacity will cause the ethylene markets to rock & roll!

      Review of all the "first wave" ethylene projects and "second wave" potential projects Discussion of the risks associated with these investments Global implications


      • 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).

    • 2018 MEG supply now dependent on new China DMO capacity

      No new global EO based MEG until Lotte and Sasol in the US Surging demand in China and recovery in PET pushes 2 MT MEG demand growth US MEG margins expected to reach record annual levels


      • 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.

    • Americas PET Recycling: greater challenges or opportunities given the China waste ban?

      China waste ban -the impact on North America Recycle pricing, as demand is set to increase How key is recycle to major brands achieving sustainability targets


      • 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.

    • Networking Lunch

    • PTA: can Asian over supply come to North Americas aid

      The PTA outlook now that M&G's Corpus Christie plant has no timeframe for start-up Will the 2017 shocks in PET supply hit North American PTA demand in 18/19 Could chemical recycle impact PTA demand in the medium term PTA trade the impact of M&G – are imports more likely


      • Phil is PCI Wood Mackenzie’s Senior consultant for polyester, with responsibility for our research and analysis of the global polyester chain. His particular specialism is in the western hemisphere PTA and polyester business. His engineering and project management experience draws him into many special projects in commercial and technical areas, in particular on PTA technology selection. He joined PCI in 2003 with over 20 years experience with ICI in a range of different roles both technical and commercial in the PTA, PET and fibres business areas. He has been with PCI for over 13 years.

    • Americas PET Resin market: an industry in flux

      2017 review Update on the M&G Situation Update on regional PET resin AD/CV suits Price/margin step change. Short-term vs. long-term regional PET resin outlook


      • Michael Bermish is a Senior Consultant with PCI 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, Michael was both Director of Strategic Planning and Development and Investor Relations Officer for Wellman, Inc., a leading polyester producer.

    • Coffee break

    • Polyester Fibres: the growth continues

      Many moving parts in the US market – anti dumping, NAFTA renegotiation, M&G closure, China ban on waste imports. South America: Imports climb. China: Does a strong 2017 lead to more capacity investments?


      • Alasdair has over 35 years experience in the Synthetic Fibres industry, having lived in Europe, Asia and the US in this time and been involved in the fibres industry in all the major markets of the world. After many years in the synthetic yarn manufacturing and processing machinery business he left Rieter and joined PCI Wood Mackenzie in 2000 with responsibility for Fibres activities in the Americas. Alasdair has spoken at many international conferences and has had numerous articles published. He is a graduate from Manchester in England, and is currently based in Spartanburg SC.

    • Panel Q&A session

    • Welcome coffee and registration

    • Welcome address


Full Price