Background

From 2017 to 2018, the international oil price have entered the range of 60-70USD/bbl, and China's economy grow better. In 2017, the imports of olefins and polyolefins in China increased sharply. Imports of ethylene and PE totaled about 13.84Mt, an increase of 19%; imports of propylene and PP totaled about 7.76Mt, an increase of 31%. The national industrial policies continue to promote the diversification of olefins feedstock, which will bring new opportunities and challenges.

US ethane export conditions are maturing, a number of coastal ethane cracking projects have been signed in China. In 2017, XP Chemical, Satellite Petrochemical, Nanshan Group and Ganergy Heavy Industry Group announced to import ethane to produce ethylene. It is reported that the contract of ethane imports has already exceeded 5.5Mt/a. Ethane export facilities and very large vessels have also been built and delivered.

ASIACHEM study shows that, by the end of 2021, China's ethylene and propylene capacity will reach 39.5Mt/a and 44Mt/a respectively, with an average annual compound growth of 13% and 9.4%. Meanwhile, innovative technologies will be flourishing. Both foreign and domestic companies have developed processes of direct crude oil to olefins, syngas to olefins, methane to olefins technologies, and are pushing forward for commercialization.

How China's large olefin capacity to compete with the US, India and Middle East? How is the “One Belt, One Road” strategy affecting the olefin industry? How is the competitiveness of ethane cracker project? Whether new ethylene diversification technology will have impact on the traditional route?

Olefins Feedstock Diversification Forum 2018 will be held on Mar. 28-29 in Wuxi. The upcoming event will discuss the national petrochemical planning & feedstock diversification outlook during next five years; North America, Asia and China olefins competitiveness; Ethane cracking project planning and development; US ethane supply & demand, pricing, policies, transportation; New technologies R&D and pilot, etc. An industrial visiting to Jiangsu Taixing Economic Development Zone, one of the top ten chemical industrial parks in the China will be arranged.

Topics

1.National petrochemical planning & feedstock diversification outlook, 2018-2023

2.North America, Asia and China olefins competitiveness analysis

3.Impact of “One Belt, One Road” strategy on the olefin industry 

4.China ethane cracking project planning and development

5.US ethane supply & demand, pricing, policies, transportation

6.Competitiveness comparison of different olefin feedstock and technical routes

7.New technology development and commercial prospects: syngas to olefins, direct crude oil to olefins and methane to olefins

8.Olefin feedstock lightning and opportunities for C4C5 & H2 utilization

9.CTO/MTO plant operations optimization and capacity expansion

10.PDH and MTO/MTP technology optimization and project planning

11.Industrial visits

Program

Mar. 27, 2018

16:00-21:00 Pre-conference Registraton

Mar. 28, 2018

09:00-12:00 Speech

12:00-14:00 Networking Lunch

14:00-18:00 Speech

18:00-20:00 Banquet

Mar. 29, 2018

09:00-15:00 Industrial visits