Thursday, March 23, 2017 8:30 am – 12:00 pm
- Paul Pang, Vice President and Managing Director, China Chemicals, IHS Markit
- Li Shousheng, Chairman, China Petroleum and Chemical Industry Federation (CPCIF)
China has been the key driver for global growth in both chemical demand and investment since 2000. In 2015, China accounts for one-third of the demand for global base chemicals, and is by far the largest consuming and producing country in the world. Following economic slowdown since 2012, the demand growth for chemicals also shows signs of weakness. In the meantime, China continues to build up domestic production from both conventional petrochemicals and also coal-based chemicals.
In addition to capacity growth in China, new production capacities will also be built in the low-cost regions. Driven by shale gas and the shale oil revolution, a new wave of capacity will be brought on-stream in North America within the next four years. A significant amount of the new North American capacity will be exported, mainly to Latin America and China. The Middle East will also continue to install new capacity, which will also be sold into export markets. Outside of China, concerns are rising regarding a capacity glut and high self-sufficiency within China, and whether China can continue to accommodate increasing levels of imports in certain value-chains.
The China Forum, hosted by IHS Markit and China Petroleum and Chemical Industry Federation (CPCIF), is designed to address the prevalent concerns. In this forum, we will bring speakers from major Chinese companies and North American companies as well as IHS Markit experts to address current market status and future growth. CPCIF is an umbrella association overseeing Chinese chemical industry and it is also an advisory body to Chinese government in chemical industry policy. CPCIF Chairman Li Shousheng will present a macro view on Chinese chemical industry and current government policy.
This forum is also designed to bridge Chinese companies and companies outside China, to look into business opportunities in China and Chinese company’s investment opportunities in other countries.
Who should attend:
- Chinese companies looking for investment opportunity/feedstock/technology outside China
- Companies trying to have in-depth understanding on China market, growth opportunity, investment and government policy
- Logistic/trading companies looking for business growth opportunity between China and the US, and business partners
|8:35am||China Energy and Chemical Industry Overview (Status, Policy, Challenges and Opportunities)|
|9:00am||North America: Opportunities for Chemical Sector Investments|
|9:25am||Chinese Company’s Oversea Investment Strategy|
|9:50am||North American Company’s Market Opportunity and Investment Strategy in China|
|11:00am||Connecting China with the Rest of World|
|11:25am||North America NGL Supply Outlook and Export Facility|
|11:50am||Outlook on China Olefin Industry and Feedstock Sourcing|
|12:10pm||China Market Opportunity for Foreign Companies|