• WPC 2024
  • March 18-22, 2024

Paul Joo

S&P Global Commodity Insights

Director, Olefin and Olefin Derivatives, Chemical Insights, APAC

Paul Joo is a highly experienced professional in the petrochemical industry, boasting a diverse background that spans various key areas. His expertise ranges from sales and procurement in a large-scale steam cracker to trading monomers and polymers within a trading house. He has also successfully managed overall business operations in a plastics converter.

Paul's career began in 1988 when he joined Daelim Industrial Co., Korea, and he steadily advanced to the prestigious position of Vice President at Yeocheon NCC through dedicated efforts and hard work. Furthermore, he served as the chief representative in Daelim's China office for nine years, excelling in the sales of polyolefins and monomers while providing invaluable support for ENC contract projects facilitated by Daelim Engineering.

Following his tenure at Daelim, Paul has taken the role of CEO, overseeing a plastic converter in Korea with great success. He also gained valuable experience as a client development manager at S&P Global Platts for two years. Currently, Paul plays a pivotal role within the Chemicals Insight Team at S&P Global Commodity Insights, where he focuses on covering Olefin and Olefin derivatives.

Sessions With Paul Joo

Thursday, 21 March

  • 04:00pm - 05:00pm (CST) / 21/mar/2024 09:00 pm - 21/mar/2024 10:00 pm

    Future Crackers, Circularity and Alternative Feedstocks

    4:00 PM: Session Introduction - Mukta Sharma, Executive Director, S&P Global Commodity Insights 
    4:05 PM: Global NGL and naphtha overview – How will the feedstock supply stack change over the coming decade and its implication on prices? - Veeral Mehta, Executive Director, Midstream NGL, S&P Global Commodity Insights
    4:20 PM: Steam Cracker of the Future -  Paul Joo, Director, Olefins and Derivatives (Asia), S&P Global Commodity Insights

    Enabling the diversification of feeds via refinery-integration and pioneering the development of a carbon-neutral cracker.
    4:35 PM: Olefin Feedstocks – the Impact of the Circular- and Bio-Economy - Mark Morgan, Vice President, Specialty Chemicals and Renewables Consulting, S&P Global Commodity Insights

    With increasing demand for olefins and a need to reduce emissions in their production, the industry needs to be on a constant lookout for new technologies and alternative feedstocks. For example, companies are revisiting seriously using ethanol as a low-carbon ethylene source. The advanced biofuels industry is making feedstocks like bio-naphtha and bio-LPG more available. Bio-propane is already being processed in some PDH units to make low-carbon propylene for polypropylene. Bio-naphtha is being co-cracked for olefins and aromatics production. Emerging biofuel technologies like alcohol to jet fuel (ATJ) will also co-produce small volumes of bio-naphtha. The circular economy too is also making hydrocarbon feedstocks available for processing in refinery operations like the FCC and steam cracking. These developments are not without challenges, however, in terms of cost, pricing and availability, so how can these developments be realised and an industry seeking to meet the net-zero challenges of the future?
    4:50 PM: Q&A
    5:00 PM: Closing Remarks