2019 Wood Mackenzie European Polyester Conference

  • Berlin Marriott Hotel
  • Berlin, Germany

The 2019 European Polyester Conference will be taking place in Berlin, Germany on the 5-6 October.

The conference brings together key industry players for a comprehensive overview of economic, technical, environmental and commercial themes affecting the European polyester industry.

Also taking place alongside this year's conference:

Polyester Industry Training Session: What is Polyester? A half day training session providing everything you need to get up to speed with the polyester industry. With many competing drivers in the industry, this session will explain the key fundamentals, raw materials pricing dynamics and the different products and production methods. The technical and commercial challenges emerging as sustainability becomes ever more important and how recycling may evolve in the different regions will also be covered.

Join us and benefit from independent analysis on short and longer term commercial trends in the polyester industry.

Agenda

  • 05 October 2019

    • Polyester Industry - Training Session

      A half day training session providing everything you need to get up to speed with the Polyester industry. With many competing drivers in the polyester industry, this session will explain the key fundamentals, raw materials pricing dynamics Read More...

    • What is polyester? The chemistry and production process for fibre, resin and film
    • How do the key raw materials dynamics influence the chain? Refining, PX, PTA, Ethylene, MEG, Polymer
    • Why do buyers use polyester and what are the key industry dynamics?
    • Polyester end use applications and why does polyester continue to take share from other polymers
    • Polyester sustainability and recycle – the current position and what opportunities are there in the future
    • Part 1 - PX, PTA and MEG

      Coffee break

      Part 2 - PET and RPET

      Delegates will be provided with a training pack for future reference

      Speakers

      • Gordon now heads 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.

      • Gareth joined Wood Mackenzie’s Chemicals Research team as the Principal Analyst for PET in March 2019. As well as leading research efforts, he is also developing new chemical research products and analytics within the PET and rPET space. Prior to Wood Mackenzie, Gareth was a Senior Consultant with IHS Markit for 5 years, working within the petrochemical consulting team. During this time, his work was primarily focused on delivering single client consulting projects, ranging from market intelligence studies and commercial due diligence, to strategic planning and regional masterplans. Product experience covered several value chains, ranging from bulk petrochemicals to specialty and fine chemicals, including PET and rPET, plastics recycling and sustainability, polyolefins (polyethylene and polypropylene), UPRs and epoxies, engineering polymers, polymer matrix composites, and additive manufacturing (3D Printing). Before IHS Markit, he worked for Strategic Business Insights (SBI), the former Stanford Research Institute (SRI) technology and business intelligence group, looking at the potential impact of emerging technologies and helping develop strategic plans and roadmaps. Research covered developments in sustainability, engineering polymers, polymer matrix composites, membrane technologies, and 3D printing. Gareth graduated from the University of St Andrews with a PhD in organometallic chemistry; and has a Masters of Chemistry degree from the University of Liverpool.

      • Pieterjan (PJ) is a principal analyst at Wood Mackenzie covering recycled polyester (RPET). He has worked across the energy and chemicals sectors and has specific project experience in carbon emissions, biomass, recycling, sustainability, circular economy, life cycle assessment, cost modelling, scenario modelling, and commercial due diligence. PJ joined the PCI group (acquired by Wood Mackenzie) in 2015 where his PhD thesis formed the basis of the polyester sustainability multi-client study, which assessed the economic and environmental position of different sourcing routes for polyester from biomass, coal, and recycling. His prior consulting experience was with a renewable energy consultancy in financial modelling for carbon capture and storage networks as well as feed-in-tariffs for renewable energy sources. PJ graduated from the University of Cambridge with a PhD and MEng in chemical engineering.

      • Gustavo Hernandez has 30 years of experience in the petrochemical industries. Gustavo joined Wood Mackenzie in 2019 joining the Research team in Houston after a long career of 30 years in Alpek based in Monterrey, Mexico where he was the technology licensing VP for Alpek. Between 1999-2011, Gustavo held various positions within Alpek, from managing all operations at Alpek’s Hong Kong office (covering from Japan to Indonesia and India) and later when returning to the Mexican head office for Alpek, Gustavo was in charge of coordinating all commercial operations with all customers. Since 2011, Gustavo was he head of the technology licensing business unit for Alpek’s PTA and PET technologies. Gustavo’s key area of expertise is in the polyester business where he has been called upon to advise clients in the technology, planning and commercial aspects in the industry. Prior to 199, Gustavo had a 11-year career with Petrotemex (part of Alpek) where he held various positions in commercial team handling PTA and PET.

      • Andrew Day, part of the Wood Mackenzie Chemicals team since July 2019, joined from UnivarSolutions, a World leader in chemical distribution, having completed an 18 year career there encompassing commercial responsibility for a wide range of products including on a pan EU geography the Company’s EO Derivative product groupings. Prior to this position Andrew held a 15 year career with ICI on Teesside, UK where his involvement in EO Derivatives first began alongside commercial & supply chain roles in Utilities/Plasticisers/Alcohols/Olefines/Surfactants & Fertilizer feedstocks. A research chemist by origin, Andrew holds a BSc Hons in Applied Chemistry from Huddersfield University.

    • Topical Dinner - Challenges in Polyester Sustainability

      The Polyester Industry is facing increased uncertainty from rising threats to demand growth and the potential risk of supply exclusion. Take the opportunity to learn more about the current challenges by joining a select group of peers and o Read More...

  • 06 October 2019

    • Registration

    • Welcome & Introduction

    • Global economy: treading softly

      - Has global recession been avoided?

      - Low and slow: as good as it gets for Europe?

      - Will the 2020 US election spell the end for trade wars?

      Speakers

      • Peter joined Wood Mackenzie in September 2010, initially covering European energy markets before moving to the Macroeconomics research team in 2011. Responsible for developing and maintaining Wood Mackenzie’s macroeconomic outlook to 2040, Peter is experienced in forecasting key macroeconomic metrics: GDP, Industrial Production, fx, and inflation. Peter regularly contributes to consulting projects, including: developing Brexit sensitivities, assessing the economic impacts of oil and gas development, and quantifying trade war scenarios. An area of special interest is the fiscal stability of oil producing economies in the Middle East and Africa. Prior to joining Wood Mackenzie, Peter was an energy analyst at Iberdrola for three years. In this role he was responsible for providing technical and fundamental analysis of European energy markets to the trading desk. Peter holds a MA (Hons) in Economics from the University of Glasgow and an MSc in Economic Management and Policy from Strathclyde Business School.

    • Key trends and uncertainties in feedstock markets

      - How long will the rapid growth in US liquids supply and exports continue?

      - What impact will the IMO 2020 marine fuel quality regulations have on feedstock and freight markets?

      - When will we see the next wave of consolidation in European refining?

      Speakers

      • Gordon McManus is a Research Director in the EMEARC Oils and Refining Research team. He is responsible for leading Wood Mackenzie’s global coverage of the oil products markets; co-ordinating and analysing regional supply and demand trends and the outlook for product cracks and refining margins Gordon joined Wood Mackenzie in 2006, initially specialising in analysis of demand trends within the global oil products market. He then transitioned into management of Wood Mackenzie’s Product Markets Service, before becoming Head of the EMEARC Oils Research team. Gordon has also undertaken extensive research into the impact of biofuels on the downstream oil sector. He led the analysis for two major multi-client studies of the global biofuels market and has presented at numerous international conferences on the subject. Gordon holds a first class BSc in chemistry from the University of St. Andrews and a PhD from the University of Cambridge.

    • Paraxylene: In the eye of the storm

      - What will set the cost floor in PX through this period of overcapacity? - What are the main sources of volatility? - Why should the polyester industry be interested in benzene? - How will the growing PX deficit in the Western Hemisphere impact supply & pricing?

      Speakers

      • Gordon now heads 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.

    • Networking Break

    • Global Ethylene: The seven-year itch

      - Analysing the investment cycle in global ethylene industry

      - The location and drivers behind significant capacity additions

      - Global economics – prices, costs and margins

      Speakers

      • 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.

    • MEG: Trade wars and their unforeseen effects

      - New US low feedstock cost MEG plants come on line in 2019 and 2020 adding substantial capacity to MEG output. - Chinese coal based technology improving adding more capacity to make MEG. - US and Chinese import tariffs on PET and chemical Read More...

      Speakers

      • Andrew Day, part of the Wood Mackenzie Chemicals team since July 2019, joined from UnivarSolutions, a World leader in chemical distribution, having completed an 18 year career there encompassing commercial responsibility for a wide range of products including on a pan EU geography the Company’s EO Derivative product groupings. Prior to this position Andrew held a 15 year career with ICI on Teesside, UK where his involvement in EO Derivatives first began alongside commercial & supply chain roles in Utilities/Plasticisers/Alcohols/Olefines/Surfactants & Fertilizer feedstocks. A research chemist by origin, Andrew holds a BSc Hons in Applied Chemistry from Huddersfield University.

    • Networking Lunch

    • PTA: Riding the wave

      - How long will the current Asia PTA margin strength remain?

      - Is there room for PTA investments in the western hemisphere amid another massive capacity wave in the East?

      - Will Middle East PTA investments threaten European regional supply?

      Speakers

      • Gustavo Hernandez has 30 years of experience in the petrochemical industries. Gustavo joined Wood Mackenzie in 2019 joining the Research team in Houston after a long career of 30 years in Alpek based in Monterrey, Mexico where he was the technology licensing VP for Alpek. Between 1999-2011, Gustavo held various positions within Alpek, from managing all operations at Alpek’s Hong Kong office (covering from Japan to Indonesia and India) and later when returning to the Mexican head office for Alpek, Gustavo was in charge of coordinating all commercial operations with all customers. Since 2011, Gustavo was he head of the technology licensing business unit for Alpek’s PTA and PET technologies. Gustavo’s key area of expertise is in the polyester business where he has been called upon to advise clients in the technology, planning and commercial aspects in the industry. Prior to 199, Gustavo had a 11-year career with Petrotemex (part of Alpek) where he held various positions in commercial team handling PTA and PET.

    • Update on polyester fibre markets

      - European fibre markets and changes in global trading landscape

      - Technology and consolidation as drivers for polyester fibre markets

      - Impact of recycling trends upon polyester fibre business

      Speakers

      • Dr Alexei Sinitsa has over 20 years experience in chemical industry, starting his journey with Rhône-Poulenc/Rhodia, and spanning technical, commercial, executive and consulting roles in the nylon chain, including intermediates, polymers, fibres and downstream applications. He graduated as organic chemist with honours from Kiev University, and did his doctoral research with Institute of Organic Chemistry, NAS Ukraine.

    • Networking Break

    • PET: Changing climates

      - Are we beginning to see a real shift in PET demand or simply changes in short-term seasonality?

      - How are changes in consumer behaviour impacting the PET market: from soft drinks to functional waters.

      - Will the latest European regulations on single-use plastics impact the PET resin market?

      Speakers

      • Gareth joined Wood Mackenzie’s Chemicals Research team as the Principal Analyst for PET in March 2019. As well as leading research efforts, he is also developing new chemical research products and analytics within the PET and rPET space. Prior to Wood Mackenzie, Gareth was a Senior Consultant with IHS Markit for 5 years, working within the petrochemical consulting team. During this time, his work was primarily focused on delivering single client consulting projects, ranging from market intelligence studies and commercial due diligence, to strategic planning and regional masterplans. Product experience covered several value chains, ranging from bulk petrochemicals to specialty and fine chemicals, including PET and rPET, plastics recycling and sustainability, polyolefins (polyethylene and polypropylene), UPRs and epoxies, engineering polymers, polymer matrix composites, and additive manufacturing (3D Printing). Before IHS Markit, he worked for Strategic Business Insights (SBI), the former Stanford Research Institute (SRI) technology and business intelligence group, looking at the potential impact of emerging technologies and helping develop strategic plans and roadmaps. Research covered developments in sustainability, engineering polymers, polymer matrix composites, membrane technologies, and 3D printing. Gareth graduated from the University of St Andrews with a PhD in organometallic chemistry; and has a Masters of Chemistry degree from the University of Liverpool.

    • Has RPET demand fully materialised in a supply constrained market?

      - Brand owner commitments/regulatory requirements – Demand - Collection story – bale quality, collection rates – Supply - Current capacity/investment landscape for Europe – Supply - Outlook for the European market – Pricing and RPET balance Read More...

      Speakers

      • Pieterjan (PJ) is a principal analyst at Wood Mackenzie covering recycled polyester (RPET). He has worked across the energy and chemicals sectors and has specific project experience in carbon emissions, biomass, recycling, sustainability, circular economy, life cycle assessment, cost modelling, scenario modelling, and commercial due diligence. PJ joined the PCI group (acquired by Wood Mackenzie) in 2015 where his PhD thesis formed the basis of the polyester sustainability multi-client study, which assessed the economic and environmental position of different sourcing routes for polyester from biomass, coal, and recycling. His prior consulting experience was with a renewable energy consultancy in financial modelling for carbon capture and storage networks as well as feed-in-tariffs for renewable energy sources. PJ graduated from the University of Cambridge with a PhD and MEng in chemical engineering.

    • Closing Comments

    • Drinks Reception

Fees

Conference Registration

€1250.00

Polyester Industry - Training Session

€600.00

Dinner

€395.00