Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
AGENDA Monday March 20 Monday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Petrochemical Trading This workshop provides participants with a broad overview of how petrochemical products are commercially transacted/traded and taught through usage of multiple case examples. The dynamics of the global petrochemical industry are changing rapidly and in profound ways. There is more volatility in the markets and many industry participants are adjusting towards J.I.T. sales and purchase agreements in this new paradigm. A good understanding of the petrochemical markets and how the various elements of feedstock, basic petrochemicals and derivatives interact and affect each other is essential for industry participants. This course puts all these in perspective and highlights contract structures and the commercial risk elements involved. Participants will leave the workshop armed with the knowledge and insights to make good decisions and effectively equipped with the skills to mitigate their future commercial risk exposure to protect industry and/or trading margins. Larry Tan, Managing Director, Chemicals Consulting (Asia), IHS Markit Monday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Use of Naphtha & NGL as Feedstock This workshop will begin with a discussion of the significant end use applications for the major olefins feedstocks, including both chemical and non-chemical competition. It will include coverage of industry jargon and definitions, and other basic information about olefins feedstocks. This course will also have a high level discussion of feedstock economics for the main consuming processes and end uses, as well as the basics of feedstock market valuation and pricing. This workshop will include an overview of regional feedstock availability supported by an analysis of feedstock production, consumption and trade, including freight implications and major supply drivers. Course attendees will learn how the major olefins feedstocks are consumed both by the petrochemicals industry and by other end users, and will provide insight about why the market values petrochemical feedstocks as it does. Page 1 of 35 AGENDA Walt Hart, Vice President, Global NGLs, IHS Markit Debnil Chowdhury, Director, North America NGLs Research & Consulting, IHS Resources, IHS Markit Monday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Commercial Impact of Olefins and Polyolefins Technologies This new course will examine the commercial impact of olefins and polyolefins technologies on cost competitiveness, market dynamics and trade. It is especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry. Dr. Mark Morgan, Global Director for Specialty Chemicals and Renewables, Chemical Consulting, IHS Markit Robin Waters, Director, Plastics Planning and Analysis, IHS Markit Mark Wegenka, Managing Director, Chemical Consulting, IHS Markit Monday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Petrochemical Industry Fundamentals This workshop reviews key industry fundamentals starting with the foundation of the petrochemical industry – feedstocks, including natural gas, natural gas liquids (NGLs), crude oil fractions, especially naphtha, coal and renewables. The feedstock session then leads into a thorough discussion of the industry building blocks – olefins (ethylene, propylene, butadiene) and aromatics (benzene, toluene, xylenes) businesses. Finally, the large volume thermoplastics including the polyethylenes (LDPE, LLDPE, HDPE), polypropylene, PVC, polystyrene and polyester/PET as well as C1-based chemicals synthesis gas (syngas), ammonia and methanol are covered. Within each of these topics key suppliers, demand profiles and pricing is discussed. Especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry. Tony Palmer, Vice President, Chemical Consulting, IHS Markit Tony Potter, Vice President, Chemical Insight - APAC, IHS Markit Roger Green, Vice President, Europe, CIS & Africa, Chemical Consulting, IHS Markit Mike Smith, Vice President EMEA, Chemicals, IHS Markit Sanjay Sharma, Vice President, Middle East & India, Chemical Consulting, IHS Markit Mike Kratochwill, Managing Director - Transaction Advisory Consulting, IHS Markit Page 2 of 35 AGENDA Monday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Specialty Chemical Industry With the ongoing transformation of the chemical industry into commodity and specialty oriented enterprises, it is imperative to have a good understanding of key industry fundamentals of the specialty chemical industry. This workshop reviews these fundamentals, starting with the definition and differences of specialties versus commodities and fine chemicals, and how specialty chemicals impact our daily lives. Other topics to be covered include key market players, market segmentation by functionality, application areas and regions, importance of a strong service component, and key factors to be successful in the specialty chemicals business. Especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the specialty-chemical industry. As illustration of the above scope topics, various specialty chemical sectors with their markets and players will be presented. Demand drivers in the different regions will be compared and their outlook discussed. Stefan Müller, Senior Principal Analyst, IHS Markit Aida Jebens, Senior Principal Analyst, Specialty Chemicals, IHS Markit Masahiro Yoneyama, Senior Director, Special Chemical Insight, IHS Markit Welcome Reception Welcome Reception Sponsored by Shale Crescent USA Page 3 of 35 6:00pm - 8:00pm AGENDA Tuesday March 21 Registration/Breakfast 7:00am - 8:30am Registration/Breakfast Executive Conference 8:30am - 8:45am Welcome and Morning Moderator Remarks Dave Witte, Senior Vice President and General Manager Oil, Mid-Downstream and Chemical, IHS Markit Lyn Tattum, Vice President, Oil, Mid-Downstream and Chemical, IHS Markit Executive Conference 8:45am - 9:10am Global Energy Outlook The global crude and feedstock market are moving from oversupply to a finely-tuned balance. This presentation will provide a view on the key balance drivers including OPEC compliance and supply; the restart of US tight oil growth; and demand for major refined products. For each of the balance levers, major risks implications for price will be explored. Kurt Barrow, Vice President, Oil Markets, Midstream and Downstream Insights, IHS Markit Executive Conference 9:10am - 9:35am The Global Economic Outlook – Pro-growth Populism or Protectionist Populism? The political earthquakes of 2016 have upended conventional thinking about the global economy and have—ironically—brightened the outlook. The expectation that the incoming Trump administration will enact sizeable fiscal stimulus has increased optimism about US and global growth. This, in turn, has pushed US stock indexes to record highs, while pushing up both interest rates (with a resulting rout in the bond market) and the dollar. A stronger dollar is mostly good news for Europe and Japan, but bad news for emerging markets. IHS Markit believes that the balance of these trends will be moderately positive for global growth, which is expected to increase from 2.5% in 2016 to 2.8% in 2017 and 3.1% in 2018. Unfortunately, political and policy uncertainties (and risks) are higher now than they were a year ago. The rise of anti-globalization movements in the United States and Europe could result in policies that hurt growth. In particular, a trade war could push the US and global economies into recession. On the other hand, business-friendly policies (including lower corporate taxes and a roll-back of regulation) could boost both short-term and long-term growth. Based on recent statements by President-elect Trump, his advisors and Congressional leaders, IHS Markit believes that the latter scenario is more likely than the former. Nariman Behravesh, Chief Economist, IHS Markit Executive Conference Page 4 of 35 9:35am - 10:00am AGENDA State of the Global Chemical Industry The global chemical industry continues to be buffeted by volatile changes in geo-politics, energy and industry structure. This presentation will review the global business performance for 2016, examine the impacts and expectations of the variables affecting chemical commerce, and prognosticate on the medium-term industry outlook. Dave Witte, Senior Vice President and General Manager Oil, Mid-Downstream and Chemical, IHS Markit Executive Conference 10:00am - 10:15am Global Panel Discussion/Q&A Lyn Tattum, Vice President, Oil, Mid-Downstream and Chemical, IHS Markit Morning Networking/Coffee Break 10:15am - 10:45am Morning Networking/Coffee Break Executive Conference 10:45am - 11:35am Executive Panel – Building a Foundation for Profitable Growth in Uncertain Markets Bob Patel, CEO and Chairman, Management Board, LyondellBasell Mutlaq H. Al-Morished, CEO, TASNEE Wayne Smith, Chairman and CEO, BASF Corporation Nadim Z. Qureshi, Managing Director, WL Ross & Co. LLC Executive Conference 11:35am - 12:00pm Executive Panel Discussion/Q&A Lyn Tattum, Vice President, Oil, Mid-Downstream and Chemical, IHS Markit Executive Conference Networking Lunch 12:00pm - 1:30pm Executive Conference Networking Lunch Executive Conference Lunch Keynote – Shale Energy Powers US Chemical Manufacturing Growth Karen McKee, Vice President, Global Basic Chemical, ExxonMobil Chemical Company Page 5 of 35 12:30pm - 1:00pm AGENDA Executive Conference 1:30pm - 1:35pm Afternoon Moderator Remarks John Page, Vice President, Oil, Mid-Downstream and Chemical Consulting, IHS Markit Executive Conference 1:35pm - 2:10pm Tour of the World – China Chemical Market Developments Importance of China to the World Paul Pang, Vice President, IHS Markit China has been the key driver for global growth in both chemical demand and investment since 2000. China accounts for one-third of the demand for global base chemicals, and is by far the largest driver for both consumption and production. As China enters into a “New Normal”, the demand growth for chemical is expect the slow down. In this presentation, I will discuss whether China can continue to lead the global growth; how Chinese market will evolve, and how it will impact and benefit the rest of world. CNOOC Is Onshore – CNOOC’s Footprint on Petrochemical Business Bi Chen, Senior Vice President, China National Offshore Oil Corp China’s huge population and continued urbanization in combination with people’s desire for better life, will greatly drive the demand for chemicals, particularly high quality chemicals. Petrochina's Chemical Business & Development Strategy Chengbao He, Vice President, Petrochemical Research Institute, PetroChina A brief summary of Petrochina and its chemical business. The opportunities and challenges of China’s chemical industry, and development strategy to drive growth via technology and new products. Paul Pang, Vice President, IHS Markit Bi Chen, Senior Vice President, China National Offshore Oil Corp. Chengbao He, Vice President, PetroChina Petrochemical Research Institute Executive Conference 2:10pm - 2:30pm China – Panel Discussion/Q&A John Page, Vice President, Oil, Mid-Downstream and Chemical Consulting, IHS Markit Executive Conference Page 6 of 35 2:30pm - 2:55pm AGENDA Tour of the World – Americas: Strategies for Profitable Growth Steven Bender, Senior Vice President, Chief Financial Officer and Treasurer, Westlake Chemical Executive Conference 2:55pm - 3:20pm Tour of the World – Europe: Keys to a Profitable Future for Europe: Feedstock and Investment Strategies for Revitalizing Europe Tom Crotty, Director, Ineos Executive Conference 3:20pm - 3:35pm Americas & Europe – Panel Discussion/Q&A John Page, Vice President, Oil, Mid-Downstream and Chemical Consulting, IHS Markit Afternoon Networking/Coffee Break 3:35pm - 4:05pm Afternoon Networking/Coffee Break Executive Conference 4:05pm - 5:00pm Engineering and Construction Panel: Global Trends in Capital Expenditure Optimizing Project Performance to deliver Value for Customers and Stakeholders Charles A. Cappello – Principal Vice President, Oil, Gas, and Chemicals; Operations Manager, Downstream and Chemicals, Bechtel Mr. Cappello will discuss how focusing on performance delivers lowest cost and optimized schedules. He will emphasize the benefits of integrated EPC, direct hire construction, early contractor involvement in front-end planning and optimization, and innovative module design and execution. Delivering Capital Efficiency to the Global Petrochemical Market Gary Donovan – Senior Vice President, Business Development & Strategy, Fluor Corporation In his presentation, Mr. Donovan will discuss how the capital costs of major projects have risen over the past decade and the efforts being made to reverse this trend. He will provide an overview of approaches being implemented to improve productivity, encourage innovation and deliver a step-change improvement in the capital efficiency of petrochemical projects globally. Charles A. Cappello, Principal Vice President, Oil, Gas, and Chemicals; Operations Manager, Downstream and Chemicals, Bechtel Gary Donovan, Senior Vice President, Business Development & Strategy, Fluor Corporation Kevin Courville, EVP, Performance Contractors Page 7 of 35 AGENDA Dave Witte, Senior Vice President and General Manager Oil, Mid-Downstream and Chemical, IHS Markit Executive Conference 5:00pm - 5:30pm Tour of the World – Global Petrochemical Markets Outlook Mark Eramo, Vice President, Global Business Development, Oil, Mid-Downstream and Chemical, IHS Markit Executive Conference 5:30pm - 5:35pm Closing Remarks John Page, Vice President, Oil, Mid-Downstream and Chemical Consulting, IHS Markit Country & Western Reception Country & Western Reception Page 8 of 35 6:30pm - 9:30pm AGENDA Wednesday March 22 Track 1 8:10am - 8:15am Moderator Opening Remarks Tony Potter, Vice President, Chemical Insight - APAC, IHS Markit Track 2 8:10am - 8:15am Moderator Opening Remarks Mike Smith, Vice President EMEA, Chemicals, IHS Markit Track 3 8:10am - 8:15am Moderator Opening Remarks Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit Track 4 8:10am - 8:15am Moderator Opening Remarks Adrian Beale, Vice President, Specialty Chemicals, IHS Markit Track 1 8:15am - 8:30am Strategic Assessment of Aromatics & Fiber Intermediates Tony Potter, Vice President, Chemical Insight - APAC, IHS Markit Track 2 8:15am - 8:30am Strategic Assessment of Chlor-Alkali & Vinyls Mike Smith, Vice President EMEA, Chemicals, IHS Markit Track 3 Page 9 of 35 8:15am - 8:30am AGENDA Strategic Assessment of Olefins & Derivatives Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit Track 4 8:15am - 8:30am Strategic Assessment of Specialty Chemicals Adrian Beale, Vice President, Specialty Chemicals, IHS Markit Track 1 8:30am - 9:00am Naphtha & Octane Need Gasoline Propane and naphtha are in the state of oversupply where most regions can get all the volume that they can structurally process. As a result, prices have been low and arbitrages for marginal trade routes have been closed for majority of 2016. IHS Markit doesn’t expect that crude prices will be able to significantly increase during 2017, keeping propane and naphtha prices in competition. With ethane and propane replacing naphtha in steam crackers, gasoline has until recently remained the last bastion of significant naphtha demand and price support. However, very low octane values and slow growth in the aromatics demand do not signal much stronger naphtha prices in 2017. Nick Rados, Senior Director, Global Chemical Feedstocks, IHS Markit Track 2 8:30am - 9:00am Caustic Soda: Cracking the Code of Global Trade Hazel Kreuz, Director Chlor-Alkali/Vinyls, Chemicals, IHS Markit Track 3 8:30am - 9:00am Olefins Market Developments – A Producer’s Perspective Mark E. Lashier, Executive Vice President, Commercial, Chevron Phillips Chemical Track 4 8:30am - 9:00am Water as a Strategic Resource in the Chemical Industry Learn why water should be treated as a strategic asset and what tools can be utilized to assess water’s value for your organization based on risks related to water scarcity, regulatory, quality and cost. This information should be used as part of strategic planning in determining short and long term capital expansions and greenfield sites in a water challenged world. Page 10 of 35 AGENDA Julie Lindley, Marketing Director - Total Water Management and Commercial Digital Solutions, Ecolab - Nalco Water Track 1 9:00am - 9:30am Global Benzene: Déjà vu or New World Order Peter Feng, Senior Director, Aromatics-BTX, IHS Markit Track 2 9:00am - 9:30am Perspectives of a Major Pulp & Paper Producer Presentation provides an insight into the Pulp, Paper and Board industry as one of the main customer segments of Caustic Soda. It covers the production process, end product outlook, historical volumes and future production forecast. The presentation also enlightens what customer centricity could mean for producers in this segment. Tuomas Mustonen, Senior Vice President - Sourcing, Biomaterials Division and Global Categories, Stora Enso Track 3 9:00am - 9:30am Global Ethylene – The GOAL and Constraints A margin view for ethylene is developed by balancing the global system supply and demand. This includes the operations of existing assets, start up of new assets and the inventory float in the system to absorb disruptions. The bullish call on ethylene is derived from the convergence of these three factors. The GOAL is to understand the constraints to drive to this view. Steve Lewandowski, Vice President, Olefins, IHS Markit Track 4 9:00am - 9:30am Water-soluble Polymers: The Swiss Army Knife of the Chemical Industry The term water-soluble polymer encompasses a wide range of synthetic, semisynthetic, and natural materials. Like a Swiss Army knife, these polymers have multiple uses, including water treatment, food processing, building products, and oil field chemicals. Challenges facing this fragmented industry include commoditization, raw material shortages, and evolving consumer tastes. Marifaith Hackett, Director, Specialty Chemicals, IHS Markit Track 1 Global Styrene, PS and EPS Outlook Page 11 of 35 9:30am - 10:00am AGENDA Brian Lee, Director, Asian Aromatics, IHS Markit Track 2 9:30am - 10:00am Changing Trends in Chlorine Regulations Frank Reiner, President, The Chlorine Institute Track 3 9:30am - 10:00am Global Propylene: On-purpose Production Leads the Market Direction There has been much investment in producing propylene independent of ethylene crackers and gasoline reactors to meet strong demand for its downstream products. This trend is changing traditional regional and global pricing relationships. How does this new dynamic affect the global markets for propylene and its derivatives now and in the future? Todd Dina, Global Olefins Director - Propylene, IHS Markit Track 4 9:30am - 10:00am Construction Chemicals: Let’s Build Something Together This presentation will first present some statistics on the current health and outlook for the global construction industry. Then, we will discuss four specific specialty chemicals that are experiencing above industry average growth rates, and the outlook for increased demand in the future. Eric Linak, Director, Specialty Chemicals, IHS Markit Track 1 10:00am - 10:15am Panel Discussion/Q&A Part I Tony Potter, Vice President, Chemical Insight - APAC, IHS Markit Track 2 10:00am - 10:15am Panel Discussion/Q&A Part I Mike Smith, Vice President EMEA, Chemicals, IHS Markit Track 3 Page 12 of 35 10:00am - 10:15am AGENDA Panel Discussion/Q&A Part I Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit Track 4 10:00am - 10:15am Panel Discussion/Q&A Part I Adrian Beale, Vice President, Specialty Chemicals, IHS Markit Morning Refreshment Break 10:15am - 10:45am Morning Refreshment Break Morning Refreshment Break Morning Refreshment Break Morning Refreshment Break Track 1 10:45am - 11:15am Global Phenolics: The Dynamic Static Market Global phenolics will be challenged in 2017 as new capacity comes online in Saudi Arabia and India, adding to already oversupplied markets. Why will capacity be added in different corners of the world and what does it mean for existing producers as well as downstream consumers? Producers will strive for any advantage relative to their competitors and supply customers at adequate margins. However, phenol will be plentiful and its co-product, acetone, with its inability to keep pace with propylene, is creating a further drag on profitability. Along the chain there are varying dynamics which will result in changing global trade flows while challenging the supply demand fundamentals. Tobias Spyra, Director Styrene and Phenolics EMEA, IHS Markit Track 2 10:45am - 11:20am European Chlor-Alkali Market Changes & Implications Vincent Ledoux-Pedailles, Principal Analyst, IHS Markit Track 3 Global Polyethylene Nick Vafiadis, Vice President, Plastics, IHS Markit Page 13 of 35 10:45am - 11:10am AGENDA Track 4 10:45am - 11:15am Global Urea Urea is one of the most popular chemicals in use today. This presentation will provide an overview of the global urea market and the trends that drive the market. There is a shift in the capacity balance, which will result in changing global trade flows while balancing supply and demand in the market. Yuko Yamaguchi, Senior Principal Analyst, Specialty Chemicals, IHS Markit Track 3 11:10am - 11:35am Global PP: Enter the Dragon Global PP: Enter the dragon, time to make room for Chinese production will focus on the impact on global markets from significant, ongoing Chinese capacity additions. The effects on global trade, supply, demand, pricing, and margin will be analyzed for the major consuming regions. Joel Morales, Director, Polyolefins Americas, IHS Markit Track 1 11:15am - 11:35am Global Acrylonitrile Outlook Simon Garmston, Senior Director, Acrylonitrile, IHS Markit Track 4 11:15am - 11:40am Linear Alpha Olefins – The Long and Short of It Linear alpha olefins serve a multitude of industries including commodity and specialty polymers, synthetic lubricants, surfactants, oilfield chemicals as well as intermediates for numerous chemical specialties. IHS Chemical provides a strategic perspective on the future development of the industry covering market dynamics, the competitive landscape regarding value chain integration and the challenges facing producers as they balance the wants and needs of a very diverse customer base. Adam Bland, Director Chemicals, IHS Markit Track 2 11:20am - 12:00pm Aluminum and the Revolving Global Economy Demand for primary aluminum production has been growing over the last 10 years at an average annual rate of close to 5 percent. Forecasting primary aluminum demand growth is many times just linked to GDP, but a closer look into the details could reveal some surprising results. Page 14 of 35 AGENDA Chuck Carr, Global Business Director, Chlor-Alkali/Vinyls, Chemical Market Services, IHS Markit Track 3 11:35am - 12:00pm A Brand Owner’s View of the Polymers Market Mr. Swartz will discuss Procter & Gamble participation in the global polymer market. An overview of the company’s portfolio, unmet needs, challenges, and game-changing opportunities that are ahead of the CPG and polymer industries. Max Swartz, Global Resin & Masterbatch Purchases, Procter & Gamble Track 1 11:45am - 12:00pm Panel Discussion/Q&A Part II Duncan Clark, Senior Director, Aromatics, IHS Markit Track 4 11:45am - 12:00pm Panel Discussion/Q&A Part II Adrian Beale, Vice President, Specialty Chemicals, IHS Markit Track 3 11:50am - 12:05pm Role of Polyolefins in Addressing Packaging Challenges Allison Lin, Director, Closures and Labels, Global Sustainable Procurement, The Coca-Cola Company Luncheon 12:00pm - 1:30pm Luncheon Luncheon 12:00pm - 1:30pm Luncheon Luncheon Page 15 of 35 12:00pm - 1:30pm AGENDA Luncheon Track 1 12:00pm - 1:30pm Strategic Dialogue Lunch: “How IBM Blockchain Innovation Is Transforming Traditional Business Models” – Sponsored by IBM Space in Strategic Dialogue is limited to 50 participants. First-come, first-served. Supply chain relationships, regulatory compliance requirements and finance management in the Chemicals and Petroleum industry are as vast and intricate as the geographies in which they operate. Each participant in a supply chain must maintain their own records, which must then be reconciled among all other participants in the network. How can your business effectively eliminate time-consuming, costly reconciliation processes that are susceptible to errors and fraud? Join Aron Dutta, vice president of blockchain and IBM’s Chemicals and Petroleum industry team, for a candid discussion on where your company can get the most value from blockchain technologies and how to develop an adoption strategy. Aron Dutta, Global VP & Partner Blockchain Center of Competency Global Business Services, IBM Track 2 12:00pm - 1:30pm Strategic Dialogue Lunch: “How IBM Blockchain Innovation Is Transforming Traditional Business Models” – Sponsored by IBM Space in Strategic Dialogue is limited to 50 participants. First-come, first-served. Supply chain relationships, regulatory compliance requirements and finance management in the Chemicals and Petroleum industry are as vast and intricate as the geographies in which they operate. Each participant in a supply chain must maintain their own records, which must then be reconciled among all other participants in the network. How can your business effectively eliminate time-consuming, costly reconciliation processes that are susceptible to errors and fraud? Join Aron Dutta, vice president of blockchain and IBM’s Chemicals and Petroleum industry team, for a candid discussion on where your company can get the most value from blockchain technologies and how to develop an adoption strategy. Aron Dutta, Global VP & Partner Blockchain Center of Competency Global Business Services, IBM Track 3 Strategic Dialogue Lunch: “How IBM Blockchain Innovation Is Transforming Traditional Business Models” – Sponsored by IBM Space in Strategic Dialogue is limited to 50 participants. First-come, first-served. Page 16 of 35 12:00pm - 1:30pm AGENDA Supply chain relationships, regulatory compliance requirements and finance management in the Chemicals and Petroleum industry are as vast and intricate as the geographies in which they operate. Each participant in a supply chain must maintain their own records, which must then be reconciled among all other participants in the network. How can your business effectively eliminate time-consuming, costly reconciliation processes that are susceptible to errors and fraud? Join Aron Dutta, vice president of blockchain and IBM’s Chemicals and Petroleum industry team, for a candid discussion on where your company can get the most value from blockchain technologies and how to develop an adoption strategy. Aron Dutta, Global VP & Partner Blockchain Center of Competency Global Business Services, IBM Track 4 12:00pm - 1:30pm Strategic Dialogue Lunch: “How IBM Blockchain Innovation Is Transforming Traditional Business Models” – Sponsored by IBM Space in Strategic Dialogue is limited to 50 participants. First-come, first-served. Supply chain relationships, regulatory compliance requirements and finance management in the Chemicals and Petroleum industry are as vast and intricate as the geographies in which they operate. Each participant in a supply chain must maintain their own records, which must then be reconciled among all other participants in the network. How can your business effectively eliminate time-consuming, costly reconciliation processes that are susceptible to errors and fraud? Join Aron Dutta, vice president of blockchain and IBM’s Chemicals and Petroleum industry team, for a candid discussion on where your company can get the most value from blockchain technologies and how to develop an adoption strategy. Aron Dutta, Global VP & Partner Blockchain Center of Competency Global Business Services, IBM Track 3 12:05pm - 12:15pm Panel Discussion/Q&A Part II Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit Luncheon 12:15pm - 1:30pm Luncheon Track 1 Page 17 of 35 1:30pm - 1:45pm AGENDA Afternoon Moderator Remarks Peter Feng, Senior Director, Aromatics-BTX, IHS Markit Track 2 1:30pm - 1:35pm Afternoon Moderator Remarks Chuck Carr, Global Business Director, Chlor-Alkali/Vinyls, Chemical Market Services, IHS Markit Track 3 1:30pm - 1:40pm Afternoon Moderator Remarks Steve Lewandowski, Vice President, Olefins, IHS Markit Track 4 1:30pm - 2:15pm Afternoon Moderator Remarks Mike Smith, Vice President EMEA, Chemicals, IHS Markit Track 2 1:35pm - 2:10pm Global Chlorine Market, Recovery Now? Historical chlorine demand growth is characterized by a boom and bust cycle that tracks the growth rate of global GDP closely. Typically, demand would rebound immediately after every decline in growth and this cycle seems to repeat itself every 6 to 8 years. True enough; the decline in 2015 was follow by a swift recovery last year. What happens? How would the road to recovery looks like in the next 5 years’ time. Eddie Kok, Senior Director, Chlor-Alkali & Vinyls, IHS Markit Track 1 1:40pm - 2:10pm Global Paraxylene and PTA – The End of Trade? Duncan Clark, Senior Director, Aromatics, IHS Markit Track 3 Olefins and NGL Availability – Dreams and Reality Page 18 of 35 1:40pm - 2:10pm AGENDA Walt Hart, Vice President, Global NGLs, IHS Markit Track 4 1:40pm - 2:10pm Reinventing the Wheel: The Automotive Transformation Tony Palmer, Vice President, Chemical Consulting, IHS Markit Track 1 2:10pm - 2:40pm Global MEG Outlook Tison Keel, Director, PET, PTA & EO Derivatives, IHS Markit Track 2 2:10pm - 2:40pm Will EDC and VCM Look in the Same Direction? This presentation will discuss the current market dynamics of EDC and VCM and the reason why they don’t follow the same direction. The PVC market says “hang in there, time to come with me.” Kyle Choi, Senior Principal Analyst, Asia Chlor-Alkali/Vinyls, IHS Markit Track 3 2:10pm - 2:40pm Global Methanol Value Chain Mike Nash, Global Director, Syngas Chemicals, IHS Markit Track 4 2:10pm - 2:40pm Polyurethane: Changing Dynamics in the Foam Market Masahiro Yoneyama, Senior Director, Special Chemical Insight, IHS Markit Track 1 Global Polyester Fibers Outlook Ashish Pujari, Senior Director, Aromatics, IHS Markit Page 19 of 35 2:40pm - 3:10pm AGENDA Track 2 2:40pm - 3:15pm PVC: A World of Opportunities and Threats The global PVC industry is heading into a new era of tightness. Capacity growth has slowed dramatically and in some regions it has gone into reverse due to multiple headwinds. Meanwhile, demand continues to catch up. PVC economics must be sustained to drive the next wave of investment. Henry Warren, Senior Principal Analyst, Chemicals, IHS Markit Track 3 2:40pm - 3:10pm Asia Olefins & Derivatives Jinsu Yim, Director, Asia Olefins, IHS Markit Track 4 2:40pm - 3:10pm Engineering Thermoplastics: Is PBT the Canary in the Coal Mine? The relentless shift in the balance of polymer capacity towards Asia is changing trade patterns and creating strategic challenges for producers and some consumers in the engineering resins market. We will examine the trends and identify opportunities and threats posed for the major engineering resin families over the next five years. Paul Blanchard, Senior Director, Engineering Plastics, IHS Markit Afternoon Refreshment Break 3:10pm - 3:30pm Afternoon Refreshment Break Afternoon Refreshment Break 3:10pm - 3:30pm Afternoon Refreshment Break Afternoon Refreshment Break 3:10pm - 3:30pm Afternoon Refreshment Break Afternoon Refreshment Break Afternoon Refreshment Break Page 20 of 35 3:15pm - 3:30pm AGENDA Track 1 3:30pm - 4:00pm PET Life Cycle – The Ongoing Disconnect Between Supply & Demand Martin Wiesweg, Senior Director PS, EPS & PET, IHS Markit Track 2 3:30pm - 4:00pm MDI & TDI Review James Elliott, Senior Analyst, EMEA Chlor-Alkali/Vinyls, IHS Markit Track 3 3:30pm - 4:00pm The Art of Investing in EMEA Olefins The investment world has changed as have the olefin markets. The ‘who’, the ‘why’ and the ‘where’ are evolving in this new world. There has been a shift in the shape of projects, in the weighting of cost versus market, of producer versus consumer. The resulting opportunities for ethylene and propylene investors in the Middle East, Africa and Europe have changed dramatically. Matthew Thoelke, Senior Director, Olefins and Derivatives, Europe Middle East & Africa, IHS Markit Track 4 3:30pm - 4:00pm Asking Questions: Acrylates and Super Absorbent Polymers The paper presents a review of the recent history of the global acrylic acid, acrylates and Super Absorbent Polymer markets. What have been the historical drivers for these markets? What changes are required to ensure the evolution and survival of a healthy value chain? David Byrne, Senior Director, C3 Derivatives & Styrene, IHS Markit Track 1 4:00pm - 4:30pm Global Nylon: The Tide is Turning Meiko Woo, Director, Fibers, IHS Markit Track 2 Titanium Dioxide: Market Overview and the Impact on the Global Chlor-Alkali Market Page 21 of 35 4:00pm - 4:30pm AGENDA Samantha Wietlisbach, Senior Principal Analyst - Specialty Chemicals, IHS Markit Track 3 4:00pm - 4:30pm Increased Uncertainty in Global Butadiene Markets For a few years it appeared that the global butadiene markets were settling into a period of secure supply and reasonable margins. However, more recently, price spikes reminiscent of 2011 and supply challenges have returned. What caused the change and, more importantly, will this be a recurring market dynamic in the medium term? Bill Hyde, Senior Director, Olefins & Elastomers, IHS Markit Track 4 4:00pm - 4:30pm Cosmetic Chemicals: Better Looking Through Chemistry Specialty chemicals play an important role in the production of personal care products. They enable cosmetic companies such as L’Oreal and Procter & Gamble to deliver a wide array of cosmetics and toiletries to the consumer. This presentation will provide an overview of the global cosmetic chemical industry, the players, and the trends that drive the industry. Aida Jebens, Senior Principal Analyst, Specialty Chemicals, IHS Markit Track 1 4:30pm - 4:40pm Closing Remarks Peter Feng, Senior Director, Aromatics-BTX, IHS Markit Track 2 4:30pm - 5:00pm Global Soda Ash Outlook & Role of Trade Marguerite Morrin, Senior Director, Soda Ash, IHS Markit Track 3 4:30pm - 4:40pm Closing Remarks Steve Lewandowski, Vice President, Olefins, IHS Markit Track 4 Page 22 of 35 4:30pm - 4:40pm AGENDA Closing Remarks Mike Smith, Vice President EMEA, Chemicals, IHS Markit Track 2 Closing Remarks Chuck Carr, Global Business Director, Chlor-Alkali/Vinyls, Chemical Market Services, IHS Markit Page 23 of 35 5:00pm - 5:10pm AGENDA Thursday March 23 Thursday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Commercial Impact of Olefins and Polyolefins Technologies This new course will examine the commercial impact of olefins and polyolefins technologies on cost competitiveness, market dynamics and trade. It is especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry. Dr. Mark Morgan, Global Director for Specialty Chemicals and Renewables, Chemical Consulting, IHS Markit Robin Waters, Director, Plastics Planning and Analysis, IHS Markit Mark Wegenka, Managing Director, Chemical Consulting, IHS Markit Thursday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Petrochemical Industry Fundamentals This workshop reviews key industry fundamentals starting with the foundation of the petrochemical industry – feedstocks, including natural gas, natural gas liquids (NGLs), crude oil fractions, especially naphtha, coal and renewables. The feedstock session then leads into a thorough discussion of the industry building blocks – olefins (ethylene, propylene, butadiene) and aromatics (benzene, toluene, xylenes) businesses. Finally, the large volume thermoplastics including the polyethylenes (LDPE, LLDPE, HDPE), polypropylene, PVC, polystyrene and polyester/PET as well as C1-based chemicals synthesis gas (syngas), ammonia and methanol are covered. Within each of these topics key suppliers, demand profiles and pricing is discussed. Especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry. Tony Palmer, Vice President, Chemical Consulting, IHS Markit Tony Potter, Vice President, Chemical Insight - APAC, IHS Markit Roger Green, Vice President, Europe, CIS & Africa, Chemical Consulting, IHS Markit Mike Smith, Vice President EMEA, Chemicals, IHS Markit Sanjay Sharma, Vice President, Middle East & India, Chemical Consulting, IHS Markit Mike Kratochwill, Managing Director - Transaction Advisory Consulting, IHS Markit Page 24 of 35 AGENDA Thursday Workshop 8:00am - 5:00pm IHS Markit chemical courses and workshops are designed to be of interest and value to both new and experienced professionals from the chemical, energy, refining and renewables industries, or those in adjacent industries such as agriculture, oil and gas, manufacturing, automotive and financial services. These courses will benefit anyone who wants to deepen their knowledge and understanding across chemical and energy value chains or those who want to gain strategic points viewpoints on end-markets, processes and trends. Purchasing Excellence in Chemicals This class is a supplement to the Petrochemical Industry Fundamentals training course, and is designed for purchasers of chemicals and chemically dependent materials, components and systems. It provides insights on how prices of key raw materials are set and a discussion of tools available for buyers of these products. The class reviews pricing concepts relevant to the chemical industry and inputs used by suppliers to set prices. It also examines the pricing dynamics and price setting mechanisms for selected products. Other topics include trends affecting chemical pricing, raw material sourcing strategy considerations, and a discussion of selected case studies. John Mulholland, Vice President, Chemical Strategy Consulting, IHS Markit Russell Heinen, Senior Director, Chemical Consulting, IHS Markit TS: Welcome Remarks – Technology Seminar 8:15am - 8:30am Welcome Remarks – Technology Seminar Don Bari, Vice President, Chemicals Technology & Analytics, IHS Markit Jeffrey S. Plotkin, Ph.D., Vice President of Training & Education, IHS Markit CF: Welcome Remarks – China Forum 8:30am - 8:35am Welcome Remarks – China Forum Dave Witte, Senior Vice President and General Manager Oil, Mid-Downstream and Chemical, IHS Markit LAPS: Welcome Remarks – Latin American Petrochemical Summit 8:30am - 8:35am Welcome Remarks – Latin American Petrochemical Summit Rina Quijada, Senior Director Business Development Latin America, IHS Markit TS: R&D Trends – The Arc of Petrochemical Industry Process Technology Evolution 8:30am - 9:00am R&D Trends – The Arc of Petrochemical Industry Process Technology Evolution The petrochemical industry has been on a long, never ending journey of developing cheaper and cheaper process technology for manufacturing useful products from very basic raw materials. This cost efficiency march has not always been in a smooth straight line and has often involved baby steps, side-steps, back-tracks, stumbles and every once in while great leaps. This presentation is intended to briefly track this arc of petrochemical process development with an eye to setting the stage for our esteemed speakers participating in the technology seminar. Page 25 of 35 AGENDA Jeffrey S. Plotkin, Ph.D., Vice President of Training & Education, IHS Markit CF: China Energy and Chemical Industry Overview (Status, Policy, Challenges and Opportunities) 8:35am - 9:00am China Energy and Chemical Industry Overview (Status, Policy, Challenges and Opportunities) Shousheng Li, Chairman, CPCIF LAPS: Networking Exercise – Latin American Petrochemical Summit 8:35am - 8:45am Networking Exercise LAPS: Latin America Economic Overview 8:45am - 9:00am Latin America Economic Overview Rina Quijada, Senior Director Business Development Latin America, IHS Markit CF: North America: Opportunities for Chemical Sector Investments 9:00am - 9:25am North America: Opportunities for Chemical Sector Investments Mark Eramo, Vice President, Global Business Development, Oil, Mid-Downstream and Chemical, IHS Markit LAPS: Feedstock in Latin America: Setting the Stage 9:00am - 9:15am Feedstock in Latin America: Setting the Stage Walt Hart, Vice President, Global NGLs, IHS Markit TS: Advantaged Technology and Application of Methanol to Fuel and Chemicals 9:00am - 9:30am Advantaged Technology and Application of Methanol to Fuel and Chemicals Methanol is one of the most important chemicals. SEG can provide methanol to olefin and methanol to gasoline technologies with partners based on it’s advantages of more than 50 years engineering experiences on fluid bed technologies. SEG is open to cooperate with international partners to provide total solutions for clients. Page 26 of 35 AGENDA Kezhi Lin, Director, Sinopec Engineering Group (SEG) LAPS: Feedstock Availability for Petrochemicals in Argentina 9:15am - 9:30am Feedstock Availability for Petrochemicals in Argentina Jorge de Zavaleta, Executive Director, CIQyP Argentina CF: Chinese Company’s Oversea Investment Strategy 9:25am - 9:50am Chinese Company’s Oversea Investment Strategy Carl Weiqi Hua, SVP & CTO, Wanhua Chemical Group LAPS: Mexico Raw Material Challenges 9:30am - 9:45am Mexico Raw Material Challenges A summary of the Raw Material Challenges faced by the Mexican Petrochemical industry. From the birth of Mexico's Petrochemical industry, promoted by an abundance of raw materials (natural gas and ethane) in the 1970s, to a problematic supply position nowadays given a decline of the oil and gas fields and the new opportunities given by Mexico's Energy Reform. Past, present and future are presented to explain the current scenario. Luis Montanaro, CEO, Pemex Etileno TS: STAR Process® Technology – Advanced On-purpose Propylene Production 9:30am - 10:00am STAR Process® Technology – Advanced On-purpose Propylene Production The STAR process® technology of Thyssenkrupp Industrial Solutions (TKIS) is used for the production of propylene and butylenes by dehydrogenation of propane (PDH) and butanes (BDH), respectively. Especially propylene shows continuous growth driven by the demand for polypropylene (PP) and other derivatives. It is assumed that propylene production will increase from 100 to 120 million metric tons per year till 2022. In the same period the share of on-purpose technologies like PDH or metathesis will increase from approx. 15% to over 30% (Source: IHS Inc., 2013). The STAR process® with a licensed capacity of more than 1.7 million tons per year is one of the leading on-purpose technologies. Sascha Wenzel, Head of Sales Dehydrogenation, thyssenkrupp Industrial Solutions Page 27 of 35 AGENDA LAPS: Brazil Feedstock Update: Moving Away from Naphtha? 9:45am - 10:00am Brazil Feedstock Update: Moving Away from Naphtha? Otávio Gattermann de Carvalho, Principal, MaxiQuim CF: North American Company’s Market Opportunity and Investment Strategy in China 9:50am - 10:15am North American Company’s Market Opportunity and Investment Strategy in China Manav Lahoti, Business Director - US Olefins, The Dow Chemical Company LAPS: Question & Answer I – Latin American Petrochemical Summit 10:00am - 10:15am Question & Answer I – Latin American Petrochemical Summit Adrian Calcaneo, Senior Consultant & Latin America Lead, Midstream Oil & NGL, IHS Markit TS: Question & Answer I 10:00am - 10:15am Question & Answer I – Technology Seminar CF: Panel Discussion I – China Forum 10:15am - 10:35am Panel Discussion I – China Forum Paul Pang, Vice President, IHS Markit LAPS: Networking Break 10:15am - 10:35am Networking Break TS: Break I 10:15am - 10:30am Morning Break TS: Advances in Oxidation Technology of Butene to Butadiene Advances in Oxidation Technology of Butene to Butadiene Page 28 of 35 10:30am - 11:00am AGENDA Xiankuan Zhang, Chief Scientist, SABIC CF: Coffee Break 10:35am - 11:00am Coffee Break LAPS: Petrochemical Overview: Fundamentals Behind Demand Growth in the Region 10:35am - 10:50am Petrochemical Overview: Fundamentals Behind Demand Growth in the Region Javier Ortiz, Associate Director, Polyolefins - Americas, IHS Markit LAPS: New PE Capacity in Mexico: Update and Expected Trends for 2017 10:50am - 11:10am New PE Capacity in Mexico: Update and Expected Trends for 2017 Jorge Barreda, Commercial Director, Braskem Idesa CF: Connecting China with the Rest of World 11:00am - 11:25am Connecting China with the Rest of World Paul Pang, Vice President, IHS Markit TS: Ethane in NGL Separation – to Reject or to Recover? 11:00am - 11:30am Ethane in NGL Separation – to Reject or to Recover? The competitive NGL-based feedstocks have spurred a new wave of investment in ethane-based ethylene production in North America, including seven expansion projects of existing crackers, six new steam crackers under construction, and eight crackers in feasibility stage. These new projects require additional ethane supply of about 11 million tons of ethane by 2018 and another 11.1 million tons beyond 2018 for the eight crackers in the feasibility stage. Whether the midstream companies will be able to meet this growing demand depends on pipeline availability, exports, and most importantly NGL separation and fractionation economics. This presentation examines the ethane separation economics to determine when a midstream company will reject ethane (including it with methane for fuel use) or recover it as a petrochemical feedstock to get an assessment of future supply-based techno-economics analysis. R. J. Chang, Senior Global Managing Director, Process Economics Program, Oil, Mid-Downstream and Chemical, IHS Markit LAPS: Mexican Automotive Industry: Expected Growth Trends in Trade Page 29 of 35 11:10am - 11:30am AGENDA Mexican Automotive Industry: Expected Growth Trends in Trade Guido Vildozo, Senior Manager, Americas, Light Vehicle Sales Forecasts, IHS Markit CF: North America NGL Supply Outlook and Export Facility 11:25am - 11:50am North America NGL Supply Outlook and Export Facility Darryl Rogers, Managing Director, Midstream Oil & NGL Consulting, IHS Markit LAPS: Impact of Panama Canal Expansion on Trade 11:30am - 11:50am Impact of Panama Canal Expansion on Trade On June 26 Panama opened its long anticipated 3rd set of locks of the Panama Canal, a $5.4 billion, decade-long expansion project that roughly tripled the size of container ships and other vessels able to transit the waterway, the first expansion in the canal’s 102-year history. The opening has had an impact on how trade moves between Asia and North America and has affected the movement other commodities including energy, with more impact to come in 2017 and beyond, according to IHS Markit data. Peter Tirschwell, Senior Director of Content, Maritime & Trade, IHS Markit TS: Cost-Efficient Methanol Production by Means of Topsoe Autothermal Reforming 11:30am - 12:00pm Cost-Efficient Methanol Production by Means of Topsoe Autothermal Reforming The leading methanol technology licensor Haldor Topsoe recently released a completely new route to methanol production. The new route eliminates the need for a steam reformer and thereby brings vast economic and operational benefits. The technology and its implications on project economics and implementation are presented. Esben Sorensen, Senior Technology Specialist, Syngas Catalyst & Technology, Haldor Topsoe Inc. CF: Outlook on China Olefin Industry and Feedstock Sourcing 11:50am - 12:10pm Outlook on China Olefin Industry and Feedstock Sourcing William Chen, Associate Director, China Research, IHS Markit LAPS: Question & Answer II Question & Answer II – Latin American Petrochemical Summit Joel Morales, Director, Polyolefins Americas, IHS Markit Page 30 of 35 11:50am - 12:05pm AGENDA TS: Disruptive Technology in the Olefins Value Chain 12:00pm - 12:30pm Disruptive Technology in the Olefins Value Chain Siluria Technologies is changing the way basic chemicals and fuels like ethylene, propylene, and gasoline can be made. The company’s natural gas fed catalytic processes are compatible with existing petrochemical and refinery infrastructure, translating to lower costs, feedstock flexibility, and superior scalability than steam cracking or other on-purpose routes. Andrea Redford, Vice President - Petrochemical Licensing, Siluria LAPS: Closing Remarks 12:05pm - 12:15pm Closing Remarks – Latin American Petrochemical Summit Rina Quijada, Senior Director Business Development Latin America, IHS Markit CF: China Market Opportunity for Foreign Companies 12:10pm - 12:30pm China Market Opportunity for Foreign Companies Bochun Shou, General Manager, Rongsheng International Trading Co., Ltd. LAPS: Lunch 12:15pm - 1:15pm Lunch CF: Panel Discussion II – China Forum 12:30pm - 1:00pm Panel Discussion II – China Forum Mark Eramo, Vice President, Global Business Development, Oil, Mid-Downstream and Chemical, IHS Markit TS: Question & Answer II 12:30pm - 12:45pm Question & Answer II – Technology Seminar TS: Lunch Lunch Page 31 of 35 12:45pm - 1:45pm AGENDA CF: Closing Remarks – China Forum 1:00pm - 1:05pm Closing Remarks – China Forum Mark Eramo, Vice President, Global Business Development, Oil, Mid-Downstream and Chemical, IHS Markit CF: Lunch 1:05pm - 2:05pm Lunch TS: The Dynamics of Global Plant Construction Location Factors 1:45pm - 2:15pm The Dynamics of Global Plant Construction Location Factors In discussions with IHS Markit clients in recent years, one of the topics that they bring up most frequently has been the rapid change in relative construction cost levels between different locations. Much of this cost fluctuation can be attributed to recent wide swings of exchange rates for most global currencies, but other factors such as labor rate changes, are also impactful. In light of this, IHS Markit developed a methodology to independently calculate and update our country location factors to reflect the ongoing reality in relative capital costs and cost competitiveness. Edward S. Glatzer, Managing Director, Technology and Analytics Group, Oil, Mid-Downstream and Chemical, IHS Markit TS: New Cost-Effective Membrane Systems for Petrochemical Component Separation 2:15pm - 2:45pm New Cost-Effective Membrane Systems for Petrochemical Component Separation Compact Membrane Systems has developed a membrane that is highly effective at separating olefins and paraffins. The membrane has advantageous performance characteristics (flux and selectivity) and has demonstrated stability for >300 days. Use of the membrane provides significant economic benefit over existing separation methods in numerous petrochemical and refining applications. Hannah Murnen, Vice President Business Development, Compact Membrane Systems TS: Cost Competitive Single-Step Conversion of Fuel Grade Ethanol to Renewable Propylene (or Isobutylene) and Hydrogen 2:45pm - 3:15pm Cost Competitive Single-Step Conversion of Fuel Grade Ethanol to Renewable Propylene (or Isobutylene) and Hydrogen Gevo Inc., a Bio-Fuels company, has developed a novel robust mixed metal oxide catalyst that selectively converts fuel grade/hydrous Ethanol to high purity Propylene in mass yields of 37% (80% of theoretical) along with Hydrogen such that 10 million gallon per year (30 KTA) ethanol provides 11 KTA propylene and 3.2 MM SCFD Hydrogen. Economic sensitivities are discussed. Page 32 of 35 AGENDA Jonathan Smith, Director of Chemical Development, Gevo Inc TS: Design and Synthesis of a New Catalyst for the Polymeration of Propylene 3:15pm - 3:45pm Design and Synthesis of a New Catalyst for the Polymerization of Propylene In the polypropylene industry, phthalate-based catalysts are used widely because of their advantages in comprehensive performance. However, phthalates were found to be potentially harmful for health. It is necessary to develop novel phthalate-free catalyst with high activity and excellent stereoregularity. The new catalyst PSP-01 with new structure sulfonyl compounds as electron donor, instead of phthalates, was successfully synthesized and developed by our laboratory. The catalyst PSP-01 exhibits excellent catalytic performance, and is commercialized. Series of polypropylene products with high performance were developed, and used in the various walks of life. Jianjun Yi, Director, PetroChina Petrochemical Research Institute TS: Question & Answer III 3:45pm - 4:00pm Question & Answer III – Technology Seminar TS: Break II 4:00pm - 4:15pm Afternoon Break TS: Process Intensification in the Chemical Industry “You must unlearn what you have learned” 4:15pm - 4:45pm Process Intensification in the Chemical Industry “You must unlearn what you have learned” Over the last 50 years, the pace of technological innovation in electronics and computing has been phenomenal. The same cannot be said for the chemical industry that uses the same basic process units albeit with improvements in capacities, catalysts and technology routes. This presentation will review the concept of process intensification for chemical plant, what process units could be intensified, the potential benefits, the barriers and the current players in this area of innovation. Richard Charlesworth, Managing Director, Consulting, Chemical, IHS Markit TS: Syngas Fermentation Processes 4:45pm - 5:15pm Syngas Fermentation Processes Fermentation technology is being developed using microorganisms called acetogens that have the ability to convert synthesis gas (syngas) components to multi-carbon compounds such as ethanol, 2,3-butanediol, acetate, butyrate, butanol, and lactate. Unlike conventional thermochemical processes, such acetogens do not require specific H2:CO ratios for converting the gas into chemicals. This paper examines syngas fermentation technologies, stage of development and their potential commercial scale economics. Page 33 of 35 AGENDA Don Bari, Vice President, Chemicals Technology & Analytics, IHS Markit TS: Question & Answer/Closing Remarks Question & Answer/Closing Remarks – Technology Seminar Page 34 of 35 5:15pm - 5:30pm AGENDA Friday March 24 Networking Event 10:30am - 2:30pm Port Houston Boat Tour M/V Sam Houston boat tour along the Houston Ship Channel Space is limited: Rain or shine (the boat has a covered cabin) Named for the legendary military commander who led the fight for Texas independence from Mexico and later statehood, the M/V Sam Houston offers a 90-minute round-trip educational tour along the Houston Ship Channel. Embarking from the port's Sam Houston Pavilion, visitors aboard the M/V Sam Houston can enjoy passing views of international cargo vessels, and operations at the port's Turning Basin Terminal. Agenda 10:30amCheck-in at the Marriot Marquis Hotel 11:00amBus will depart from the hotel 12:00-1:30pmBoat Tour (includes box lunch) 2:30pmHotel arrival (arrival time may vary due to traffic) Sponsored by: Port of Houston Authority Page 35 of 35