2017 PCI Wood Mackenzie Asia Polyester Industry Conference

  • Shanghai, People's Republic of China
Benefit from truly integrated understanding of the Polyester industry. Hear from PCI Wood Mackenzie experts offering in-depth analysis of the driving forces across the business sectors from Economy, Recycle through to Paraxylene, Ethylene, PTA, EO-MEG, Polyester Fibres and PET Resin in Asia


  • 18 October 2017

    • Registrations and Welcome Coffee

    • Welcome Address

    • Regional economy

      Overview of the regional economy and future trends China: forecast, key risks and investor opportunities going forward India: forecast, key risks and investor opportunities going forward


      • Miha Hribernik is a Senior Asia Consultant at Verisk Maplecroft. He joined the company in 2014, working in Bath and London before relocating to Beijing in January 2017. He has substantial experience providing clients with political risk and macroeconomic analysis, as well as briefings, stakeholder reports and other bespoke content. Miha is the company's specialist on the Korean Peninsula and Japan, and has significant knowledge of European markets owing to his time on the Europe research team between 2014 and 2016. His comments regularly appear in major media outlets, including BBC News, Bloomberg, and CNBC. Before joining Verisk Maplecroft, Miha worked as Research Coordinator at a think tank in Brussels, researching EU-Asia relations.

    • Chemical feedstock's growing dependence on refining: a challenge or opportunity?

      Crude oil price – where to next? Keeping an eye on and adapting to changes in refining industry Growing shortages of Asia's petrochemical feedstock


      • Joe Willis is currently a Senior Research Analyst within Wood Mackenzie’s Refining and Oil Products Markets research team. He relocated from Europe in January 2017 to be based in Singapore. Joe primarily conducts research on the short-term product markets, with a particular focus on Asia Pacific, but is actively engaged with the European, Middle Eastern, African and US markets. Joe joined Wood Mackenzie in London during 2010, initially focusing on European demand before transitioning as a lead analyst in Sub Saharan Africa long-term product markets and asset analysis, which feature in Wood Mackenzie’s Product Market Service and Refinery Evaluation Model. Prior to joining Wood Mackenzie, Joe spent a year in Credit Risk analysis for the HSBC Group, responsible for the assessment of unsecured banking policy rules, working with underwriting to minimise the effect of high-risk applicants. Joe holds an upper second class BA in Economics and Law from the University of Portsmouth (UK).

    • Paraxylene - The Great Wall of China

      How will developments in China's PX market influence trade by 2020 ? Will China's market structure create problems for importers seeking market share ? How does gasoline impact China's PX outlook and will it be the safety valve for refiners ?


      • Steve Jenkins has over 32 years of experience in the downstream chemical industries, joining Wood Mackenzie in 2015 following the acquisition of the PCI Group by Wood Mackenzie, and is based in Malaysia. Prior to working for Wood Mackenzie, Steve was Senior Consultant for PCI based in Malaysia for 8 years, looking after PCI’s Asia/Middle East aromatics & derivatives business and managing PCI’s regional consulting projects. Steve’s consulting experience in Europe, the Americas, Middle East and Asia has been in conducting downstream market analysis for subsidiaries of National Oil Companies as well as leading regional chemical companies on strategy review and development as well as numerous feasibility studies and M&A opportunities.

    • China PTA: Making ends meet again

      PTA producers in China : the end of the tunnel? Is PTA overcapacity truly solved? Outlook for 2018


      • 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.

    • Networking and products demonstrations

  • 19 October 2017

    • Welcome Coffee

    • Asian Ethylene: a story of growth and opportunities

      Growth drivers for ethylene in Asia Investments a must – but how competitive they are ? Ethylene price outlook


      • 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.

    • MEG: the outlook of DMO and MEG

      What's going to happen to MEG Will DMO really take off Impact of new US MEG plants Green MEG what will happen


      • 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.

    • Coffee break and products demonstrations

    • Cotton and viscose fibres, a threat to polyester staple?

      The outlook : impact in Asia Pricing positions China production for the next 5 years Will it impact polyester? Is viscose taking share? Are they competing Sustainability – how does viscose compare Spinning v non woven for viscose


      • 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.

    • PET: are changes in global Supply and Demand helping or hindering the Asian PET industry?

      The growing imbalance between global PET Supply & Demand The global impact on supply:demand balances in Asia Trade Flows; India vs. China competition for export opportunities Global trends in PET resin pricing and producer margins Chemical vs. mechanical recycling; a dilemma in the making?


      • 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.

    • RPET – The future of PET recycling in Asia

      The global overview of PET collection, reclamation and secondary uses China import ban – implications for curtailed PET bale supplies to China Future prospects for reclamation industry in China and Asia How could use of RPET flake change; possible winners and losers?


      • 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

    • Networking lunch

    • Polyester fibre: opportunities and challenges

      Demand growth continues as polyester gains share from other fibres Protection policies challenge polyester exports with anti-dumping penalties Recycling continues to be a significant part of the polyester supply chain


      • 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.

    • Technical fibres: challenges and opportunities arising from changes in the automobile market


      • Senior Consult for PCI Consulting Group, 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).

    • Closing remarks


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