2018 Wood Mackenzie Shanghai Refining & Chemical Forum

Agenda

• 19 October 2018

  • Registration

    9:00 AM - 9:30 AM

  • Welcome and Introduction

    9:30 AM - 9:40 AM

    Speakers

    • Feng Fu

      Head of Cross-Commodity Analytics, APAC

      Feng Fu joined Wood Mackenzie’s Beijing office in March 2013. He is now the Head of WoodMac’s China Office, and also leads the Cross-Commodity Analytics team in the Asia Pacific region. Prior to his current role, Feng was responsible for oil demand analysis primarily focusing on China for the Macro Oils and Product Markets Service. Before joining WoodMac, Feng was a postdoctoral associate in the Department of Urban Studies and Planning at MIT. His research interests and experience are mainly concentrated on large-scale (national and provincial-level) energy systems modelling and analysis, particularly relating to China's energy conservation, security and technology innovation. Feng received his PhD degree in a joint programme of Thermal Engineering and Management Science from Tsinghua University, China.

  • Key trends will reshape China's energy sector 未来重塑中国能源部门的关键趋势

    9:40 AM - 10:10 AM
    • Changing landscape of energy demand
      变化中的能源消费格局
    • What's driving the changes?
      哪些因素在推动这些变化？
    • Key trends and challenges
      关键趋势和挑战

    Speakers

    • Feng Fu

      Head of Cross-Commodity Analytics, APAC

      Feng Fu joined Wood Mackenzie’s Beijing office in March 2013. He is now the Head of WoodMac’s China Office, and also leads the Cross-Commodity Analytics team in the Asia Pacific region. Prior to his current role, Feng was responsible for oil demand analysis primarily focusing on China for the Macro Oils and Product Markets Service. Before joining WoodMac, Feng was a postdoctoral associate in the Department of Urban Studies and Planning at MIT. His research interests and experience are mainly concentrated on large-scale (national and provincial-level) energy systems modelling and analysis, particularly relating to China's energy conservation, security and technology innovation. Feng received his PhD degree in a joint programme of Thermal Engineering and Management Science from Tsinghua University, China.

  • Growth in transition: the structural change in China's oil demand 在变革中的增长：中国石油需求的结构性变化

    10:10 AM - 10:40 AM
    • Peak oil demand – key drivers
      油品需求峰值的主要驱动因素
    • The future of transportation
      未来交通部门的关键趋势
    • Petrochemicals driving the future oil demand
      化工部门如何支撑未来油品需求

    Speakers

    • Yujiao Lei

      Consultant, Cross-Commodity Analytics, APAC

      Yujiao Lei joined Wood Mackenzie in August 2016 as a research associate in the Cross-Commodity Analytics team. She is responsible for oil demand analysis primarily focusing on China. She has built up an extensive knowledge of oil’s end-use markets, such as the road transport sector, and has taken a leading role in determining Wood Mackenzie's outlook for China’s electric vehicle market. Prior to joining Wood Mackenzie, Yujiao was an energy analyst with Caixin Media Group, focusing on energy sustainability in China. She has also worked as a research analyst for IHS Markit, modeling and forecasting oil and gas activities in North America. Yujiao holds an MMgt in Energy Finance from Tulane University and a BSc in Industrial Engineering from Purdue University.

  • Coffee Break

    10:40 AM - 11:00 AM

  • Refining and chemicals integration: A necessity, not a choice 炼化一体化：未来的必然趋势

    11:00 AM - 11:30 AM
    • Reasons of integration and why it is becoming a necessity
      炼化一体化的必要性
    • Integrated site margins with focus on new crude to chemicals sites in China
      炼化一体化对整体盈利能力的影响

  • Gasoline surplus - Implications and options for export refiners
    汽油过剩对市场的影响

  Speakers

  • Rui Hou

    Asia Pacific Refining Consultant

    Rui Hou joined Wood Mackenzie Beijing office in July 2017 and is responsible for refining analysis primarily focusing on China for Product Markets Service, Refinery Evaluation Model and PetroPlan. 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. His research interests and experience mainly concentrate on oil supply/demand modelling and analysis on the large-scales (e.g., national and provincial levels).

  • Olefins: mega investment through integration and feedstock diversification 烯烃：整合和原料多元化背景下的大投资

    11:30 AM - 12:00 PM
    • What's the driving force of the new wave of mega investment?
      新一轮大投资的驱动力是什么？
    • Competitiveness brought by integration and feedstock diversification
      整合和原料多元化带来的竞争力
    • How the mega investment will impact olefins self-sufficiency and olefins derivatives trade?
      大规模投资对烯烃自给率和对烯烃衍生物的贸易影响几何？

    Speakers

    • Kelly Cui

      Asia Pacific Olefins Principal Consultant

      Kelly joined Wood Mackenzie’s Chemicals team in August 2013 as a petrochemical consultant. She bases in our Beijing office and is responsible for the China market. Before joining Wood Mackenzie, Kelly worked as a consultant in a European petrochemical consulting company for more than 5 years, covering China mainland and Taiwan’s coal chemicals and Polyamide & Intermediates etc.. Prior to that, she had several years’ sales and marketing experience with a couple of chemical producers.  Kelly graduated with a Masters degree in Industrial Economics from Shanghai University of Finance and Economics.

  • Networking Lunch

    12:00 PM - 1:30 PM

  • Polyolefins: 2018 overview and 2019 outlook 聚烯烃：回首2018，展望2019

    1:30 PM - 2:00 PM
    • Capacity boom influence on Supply/Demand balance
      新产能集中上线对供需的影响
    • Opportunities and challenges to Polyolefins brought by "The Belt and Road"
      一带一路对中国聚烯烃带来的机遇与挑战
    • The China-US trade war impact on trade of Polyolefins
      中美贸易战对聚烯烃贸易的影响

    Speakers

    • William Liu

      Asia Pacific Polyolefins Senior Consultant

      William Liu joined Wood Mackenzie’s Chemical team in July 2017 as a Petrochemical Senior Consultant. He is based in Shanghai office and is responsible for APAC Polyolefins market. Before joining Wood Mackenzie, William worked as a Marketing cooperation manager in Shanghai SECCO Petrochemical company, focusing on the markets of the downstream products of naphtha cracker. His experience and research interests are mainly on the value chain of naphtha cracker, supply/demand modeling and analysis, chemical commodities trade actions and flows. William holds a Master degree in Chemical Technology from East China University of Science and Technology.

  • Brisk PX business against the backdrop of “new cycle” in the polyester industry 聚酯行业“新周期”中的 PX市场

    2:00 PM - 2:30 PM
    • A story of demand-driven growth; another inspiring year after 2017下游需求驱动的增长；
      2017年之后的又一个“旺”年
    • A squeeze of liquidity before the PX supply ramp-up comes true
      新产能正式上线前的供应偏紧局面

    Balancing the Asian PX market after 2020: supply, demand and trade
    2020年之后的亚洲PX市场供需及贸易流向

    Speakers

    • Arthur Luo

      China PX/PTA/Polyester Consultant

      Arthur joined Wood Mackenzie LTD Shanghai office in 2017 as a consultant covering polyester feedstocks in East Asia. He is responsible for the Polyester & Raw Materials Asia Daily Express and the Polyester & Raw Materials Asia Weekly Market Overview. Before working in 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. Arthur holds bachelor's degrees in political science and economics respectively from Huazhong University of Science and Technology and Wuhan University. He also has a master's degree in East Asia studies from Lund University in Sweden and another master's degree (research) in economic history from the London School of Economics and Political Science in the UK.

  • Coffee Break & Networking

    2:30 PM - 3:00 PM