2019 Wood Mackenzie Asia Polyester Conference

  • Singapore, Singapore

The 2019 Asia Polyester Conference will be taking place in Singapore on the 30-31 October

Seeing beyond the tsunami.

Join us and benefit from a truly integrated understanding of the Polyester industry. Hear from Wood Mackenzie Chemicals experts offering in-depth analysis of the driving forces across the business sectors from Economy, Recycle through to Paraxylene, PTA, Polyester Fibres and PET Resin in Asia.


  • 30 October 2019

    • Networking Drinks Reception

      Taking place in the Lime Bar at the ParkRoyal on Pickering Hotel.

      Have the opportunity for topical discussion with your peers and our industry experts.

  • 31 October 2019

    • Registration and welcome coffee

    • Welcome & Introduction

    • Overview of the Asian economy 2019-2020

      Regional performance and growth prospects Risks to Asia’s growth outlook The role of supply chain risks


      • Political risk specialist providing strategic direction to global energy companies. He focuses on the political economy, energy policy and security issues in China and Eurasia, and their implications for businesses and global markets. Joined VM’s Asia Team in Singapore in Oct 2018, regularly providing briefings, written research and bespoke risk analysis for a range of international clients across a wide range of industries. These include oil and gas, mining and metals and finance. Kaho obtained his PhD in International Political Economy from King’s College London. He also holds an MSc in International Public Policy from UCL.

    • Crude Oil / Energy


      • Rui Hou joined Wood Mackenzie Beijing office on July 2017 and is responsible for long term oil products supply for China and short term oil products supply for all Asian countries. Rui also has wider knowledge in China's price mechanism, energy policy, oil products distribution and non-refinery supply (coal to liquid and biofuel). Before joining Wood Mackenzie, Rui was an oil analyst in Platts, where he was responsible for the supply and demand analysis for China’s petroleum products.

    • Paraxylene markets: A shift of power to China

      Winners and losers in the paraxylene endgame Analysing the new Chinese refining-aromatics projects Is maximum conversion of crude oil into aromatics a growing trend?


      • Darryl joined Wood Mackenzie’s Chemical Research team in 2012 as a Research Analyst, with specialization in aromatics (benzene, xylene, toluene). Prior to this Darryl spent 7 years in ExxonMobil Chemical, with experience in both a manufacturing and a business environment. Darryl holds a Bachelor’s degree in Chemical Engineering from the National University of Singapore.

    • Networking Break

    • China’s dominance in PTA and its influence on other Asian producers and the west

      Polyester industry integration in process, how, why and what may follow Vietnam: a rising market outside the China narrative India and the rest Asian producers to drift


      • Arthur joined Wood Mackenzie’s Shanghai office in 2017 as a consultant covering polyester feedstock business in East Asia. He is responsible for the Polyester & Raw Materials Asia Daily Express and the Polyester & Raw Materials Asia Weekly Market Overview. His research area also extended to the meta-xylene and IPA markets. Before working with Wood Mackenzie LTD, Arthur was a crude oil and petrochemical trading strategist in a large Chinese trading house. Prior to that, he was a crude oil analyst in a market research centre in Shanghai. Arthur graduated with a master's degree (research) in economic history from the London School of Economics and Political Science in the UK. He also holds another master's degree in East Asia studies from Lund University in Sweden and two bachelor’s degrees in political science and economics from two elite Chinese Universities.

    • Record low MEG margins and the impact on markets in 2020 and beyond

      How have MEG producers reacted to negative margins in 2019? Exceptions to the MEG cost curve, what we've learnt so far The China threat - will China ever be self sufficient on MEG?


      • Jason has been in the petrochemical business since 2012, specializing in ethylene glycols and ethylene oxide derivatives. Jason began his career in Malaysia’s PETRONAS after a brief stint in Intel Corp in 2011. He was responsible for the sales of ethylene glycol, butyl glycol ethers, ethanolamines, ethoxylates and oxo-alcohols coming out from the ex-OPTIMAL plant in Malaysia. In 2016 he moved to the marketing division where he was responsible for business strategies on glycols and solvent products in Asia. Jason joined PCI Wood Mackenzie in September 2017, being recruited for the Asian market. Jason with his colleagues Paul Clarke, Doug Rightler and Salmon Lee are a team that is recognised as the leading authority for EO, glycols and EODs in all regions and on a global basis. Jason graduated with a BT degree (Hons) in Business Information Systems from Universiti Teknologi PETRONAS in 2011 and was involved in various projects and training throughout his career.

    • Networking Lunch

    • The Rise of Futures Trading for PTA and MEG in China: the impact on the polyester chain

      The outlook for PTA and MEG Moving from physical trading to paper trading The outlook for China and how this impacts the rest of the world Price benchmarks, price trends and the global impact New products developments: options, swaps and other derivatives


      • Salmon Aidan Lee watches the Asian polyester chain from paraxylene all the way to the downstream markets, but with a special focus on the PTA and MEG markets in the Chinese- speaking world. He joined PCI Xylenes and Polyester China Limited on 1 October 2009. Previously, he had spent nine years reporting on the PTA and MEG markets at chemical news, intelligence and price reporting service ICIS; and two years before that at the Singapore Ministry of Foreign Affairs as a diplomat. In 2003 and 2008, Salmon had working stints respectively at China’s Yizheng Chemical Fiber Co, and Sinochem Trading (Singapore). Since the acquisition of the PCI group by Wood Mackenzie’s parent, Salmon has been officially based in Singapore from 1 April 2016, but devotes a significant portion of his time in China, as well as other Asian countries to keep abreast of the latest situation and market trends there. Salmon was educated in Singapore and France; he is fluent in English, Chinese and several other languages and/or dialects.

    • Landscape transformation has began in Asian polyester

      Polyester's new avenue of growth at the age of 78 Increasing complexity in global textile trade Another round of polyester capacity consolidation and exodus


      • YJ Kim heads the PTA and polyester fibre and PET chain from Asia regional office in Malaysia with specific responsibility for supporting our Asian client base. Based in Kuala Lumpur, Malaysia, with over 30 years experience in petrochemicals in both commercial and financial roles, Mr. Kim formerly worked with Samsung where he was Finance and Sales manager responsible PTA plant projects, procurement for the feedstock, and sales of over 1 million tonnes of PTA globally. His specialisation in PTA and polyester stems from broad commercial and financial experience at various positions and many in-depth analysis reports have been produced by YJ including Asian PTA Cost Model, China Textile Chain Analysis, Polyester Production Cost Comparison, India’s Future Influence in Global Textiles.

    • Global Polyester Industrial Filament – The Specialty Polyester

      The role of PIF in polyester filament industry New PIF investment surge in China Can other regions challenge the Chinese dominance? What role will HMLS play in PIF growth? Can polyester accelerate its share-steal from nylon or rayon?


      • Senior Consult for PCI Wood Mackenzie, initially part time since 2012, reporting on the Chinese nylon fibre market, and later spandex. Since summer 2015 Tracey has been our full-time consultant in China responsible for providing market reports, analysis and insight into the wider fibre market within China, including polyester, nylon, cellulosic, acrylic and spandex fibres. From 2010 with Jiangsu Holdsun-Zue Yarn & Textile Co., Ltd. (a Sino-Swiss joint venture). Assistant of the general manager. 2008-2010 Padma (Shanghai) Ltd. (A British representative office in Shanghai). 1993-2008 China Kingdom (Beijing) Import & Export Co., Ltd. 1986-1990 Nankai University, International Commerce & Business Institute (formerly Tianjin Institute of Foreign Trade), working as a teacher. 1982-1986 - University of International Business & Economics (Beijing) studying English of Foreign Trade (Bachelor’s degree).

    • Networking Break

    • Overviews on China PET and Recycling

      Global and China PET supply and demand Recycling in China PET industry Applications in China RPET Current situation of China RPET import Chances and Challenges in China PET and RPET industry


      • Angie was born in Shan Xi Province China and has a bachelor’s degree in International Trade from the Henan Industry University. Immediately prior to joining the PCI Group, Angie was in a senior sales position with the major Chinese PET producer Dragon Special Resin, where she headed up relationships with major brand owners in China. Angie now handles PCI Wood Mackenzie’s PET and RPET work in China, from a base in Xiamen, and also reports on market developments in the rest of Asia

    • Rethink Plastics - Towards a Circular Economy

      Plastics pollution is becoming one of the greatest threats to the environment. Is plastic the villain it’s made out to be? How circular economy will revitalise plastic as a useful invention that has made modern life possible?


      • Mahadzir’s career spanning almost three decades’ in PETRONAS, began when he joined the National Oil & Gas company as an Instrument Engineer in 1991. He was entrusted with various projects under the refinery and petrochemicals business after which he was appointed as the Chief Executive Officer at PETRONAS Chemicals Fertiliser Kedah in 2011. After a three-year stint, he was entrusted to lead PETRONAS Chemicals Methanol Sdn Bhd, the largest Methanol producer in Asia Pacific as its Chief Executive Officer. He made his way back to the PETRONAS Twins Towers as the Head of Manufacturing in 2017, overlooking 13 plants with more than 10,000 KMTA per annum capacity at various locations within Malaysia. Since then, Mahadzir is responsible for PCG’s overall operational excellence. With his vast experience, he also contributes and sits on the Boards of several companies in PETRONAS. Mahadzir holds a Bachelor of Electrical & Electronic Engineering from Polytechnic University of New York. He has also completed Senior Management Leadership Programs at Harvard Business School and Duke University, Durham, North Carolina.

    • Could PBT Evolve from "Side Dish" to "Dessert" in the Polyester Industry?

      Why the importance of PBT in the PTA industry chain is increasing? Can the demand for PBT grow even faster than the current steady pace? Why PBT can be a sustainable value creator and which regions and segments have the biggest growth potential?


      • Lei joined Wood Mackenzie’s Chemicals team in August 2018 as a Business Consultant. He is currently taking care of the PBT research in Asia region, including market study, pricing analysis, supply/demand analysis and other studies related to PBT and its intermediates. Prior to Wood Mackenzie, Lei was 6 years with Bayer firstly as a Senior Process Engineer and later Operational Excellence Consultant. He has experience in process design & optimization in both polymer industry and fine chemicals industry. He is also experienced in Lean Six Sigma methodology and have led projects in various fields such as production, logistics, and corporate functions. Lei graduated from Tsing University with a Bachelor’s degree in Chemical Engineering, and then got his PhD degree also in Chemical Engineering from National University of Singapore.

    • Closing Comments


Singapore GST


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