- 8:30amWednesday October 118:30am - 9:00amRegistration & Continental BreakfastWorkshop Registration & Continental Breakfast
- 9:00amWednesday October 119:00am - 6:00pmWorkshopThe Commercial Impact of Olefins and Polyolefins Technologies on Cost Competitiveness, Market Dynamics and Trade
- 9:00amWednesday October 119:00am - 6:00pmWorkshopThe Thermoplastics Industry
- 6:00pmWednesday October 116:00pm - 7:30pmCocktail Welcome Reception0Cocktail Welcome Reception
- 7:00amThursday October 127:00am - 7:50amRegistration & Continental BreakfastRegistration Opens. Continental Breakfast Sponsored by CN
- 8:00amThursday October 128:00am - 8:20amWelcome AddressWelcome Address
- 8:20amThursday October 128:20am - 8:45amGlobal Economic Outlook and Country Risk
Zbyszko Tabernacki, Senior Vice President Economics and Country Risk, IHS MarkitGlobal Economic Outlook and Country Risk
Global Economic Outlook: Could politics undermine solid economic fundamentals? In 2017, global growth will be the strongest since 2011. Economic fundamentals in many parts of the world – especially the United States, the Eurozone and part of the emerging world – point to sustained growth. And yet, political and policy uncertainty in key economies such as those of the United States and United Kingdom are historically very high. A lot is riding on how this uncertainty gets resolved.
- 8:45amThursday October 128:45am - 9:05amPlastics Global Economic Overview
Global economic expansion is expected to continue in 2018. However, economic growth by country will stay uneven affecting plastics trade. Given broad-based applications of plastics in the production of goods and their uses in services, challenges and opportunities in the plastics industry will coexist as the global economy moves forward.Plastics Global Economic Overview
Global economic expansion is expected to continue in 2018. However, economic growth by country will stay uneven affecting plastics trade. Given broad-based applications of plastics in the production of goods and their uses in services, challenges and opportunities in the plastics industry will coexist as the global economy moves forward.
- 9:05amThursday October 129:05am - 9:25amEnergy & Feedstock OutlookEnergy & Feedstocks: “Energy at the Extremes” Continues to Drive Strategy and Future Chemical Investment Decisions
IHS Markit energy outlook calls for a recovery in crude oil pricing as oil exporting countries rebalance the world by cutting production, which is being partially offset by a cost-recalibration at lower prices, resulting in increasing production from higher-cost sources. The importance of associated gas in the supply outlook for North America, means that the world oil price, as well as the Henry Hub gas price, will be significant drivers of North American natural gas supply. The outlook calls for low and steady natural gas prices for the foreseeable future. Uncertainty in the energy outlook is one of many factors having a significant impact on making future investment decisions in the chemical industry. This paper will explore these energy market dynamics from the perspective of downstream plastics producers and implications for regional competitiveness and global trade.
- 9:25amThursday October 129:25am - 9:45amMorning Group Q&AMorning Group Q&A
- 9:45amThursday October 129:45am - 10:15amMorning Break0Morning Break
- 10:15amThursday October 1210:15am - 10:50amKeynote: DowEnsuring a Sustainable Future of Growth for Plastics
Fueled by increased demand across the globe and incentivized by abundant, low cost feedstocks in the United States, the plastics industry is undergoing a manufacturing shift from East to West with an unprecedented wave of new investments in polyethylene capacity of nearly 10MM KTA, phased for ramp up from now until 2021. For value chains, these investments will bring new catalyst and process technologies, differentiated products and innovation to support the growing need of plastics for applications in food packaging, health and hygiene, automotive, supply chain and industrial uses, transmission pipe and even artificial turf. Plastics has proven to be a reliable and sustainable choice for multiple types of high performance applications and a future of growth seems certain for our industry. But there is an Achilles heel to this bright scenario – the rising amount of plastics waste that is polluting our ocean, environments, and communities. We must acknowledge that the world has a severe waste management issue, and plastics is the poster child of our trash problem with disturbing images of overflowing landfills, debris strewn beaches, rivers and seas. Every day, voices are getting louder and challenging the use of plastic packaging. Special interest groups are mobilizing. We must work together as an industry to drive end-of-life options for plastics that support a circular economy that will take plastics out of the waste stream and recycle for energy or another strategic purpose. This is just not a reputational issue…it is business critical. In order to preserve our ability to sustain a preference for plastics with consumers and the value chain, we must close the loop on the recyclability of plastics.
- 10:50amThursday October 1210:50am - 11:30am“Faster Together – From Pellets to Package” Collaboration Across the Value Chain
In this talk, we will discuss how our three companies are working together to design and market a recyclable stand-up-pouch. Join us to learn more:
- How widening the lens have allowed us to leverage each company’s strengths
- The critical elements that have enhanced our collaborative engagement
- Ultimately why this has been a great approach for this project“Faster Together – From Pellets to Package” Collaboration Across the Value Chain
- 11:30amThursday October 1211:30am - 11:50amKeynote Panel Q&AKeynote Panel Q&A
- 11:50amThursday October 1211:50am - 1:20pmLunch0Strategic Dialogue Luncheon – Sponsored by Shale Crescent USATheme of the Luncheon: "A New Growth Paradigm for Energy Intensive Industries in the Marcellus-Utica Region" This luncheon will feature roundtable discussions led by key industry experts IHS Markit and Shale Crescent USA.
- 1:20pmThursday October 121:20pm - 1:45pmAnd So It Begins: Market Impact of New Global PE Capacity
The long anticipated wave of new global PE production capacity is approaching. New capacity has already started in Mexico, China, the US and Saudi Arabia. Significantly more US based capacity is expected to start up by year end 2017. How will this new cost competitive production capacity impact global PE prices, margins, trade flows, and supplier relationships?Polyethylene: In the Eye of the Storm
The long anticipated wave of new global PE production capacity is approaching. New capacity has already started in Mexico, China, the US and Saudi Arabia. Significantly more US based capacity is expected to start up by year end 2017. How will this new cost competitive production capacity impact global PE prices, margins, trade flows, and supplier relationships?
- 1:45pmThursday October 121:45pm - 2:05pmPlastics and Latin America
Speaker to be announcedNorth American Polypropylene – Revival or the Forgotten Polymer?
North American producers of polypropylene have certainly seen the bad times in the last decade as nearly 20% of the propylene supply was wiped out from a cracker slate that has migrated away from LPG and naphtha toward cheap ethane. Propylene prices spiked and drove a wave of capacity shutdown across the industry. Times have changed. Margins have steadily improved driven by a demand recovery in key sectors including automotive compounding and rigid packaging. Propylene capacity has come sooner than the derivatives with the third, world-scale PDH about to begin production in N. America fueled by abundant, though not quite as cheap, propane. Polypropylene producers have re-invested, first in debottlenecks, and we've seen announcements about future capacity to be online early in the next decade. In a market consumed by chasing value in the C2-chain, is polypropylene back, or is it doomed to always be the forgotten polymer?
- 2:05pmThursday October 122:05pm - 2:25pmIndia’s Fast Growing Opportunity for Polymer Manufacture and TradeIndia’s Fast Growing Opportunity for Polymer Manufacture and Trade
Expansion by Reliance in Polyolefins and PVC is driving activity in India along with other entrants. A new production and trade dynamic is been created. What will be the impact on regional and global trade patterns as India emerges as a significant player?
- 2:25pmThursday October 122:25pm - 2:50pmAbsorbing New PP Chinese Capacity and its Impact on Global MarketsAbsorbing New PP Chinese Capacity and its Impact on Global Markets
The global market has been heavily focused on the impact of new capacity in China that is well beyond their near term demand needs. This presentation will review potential impacts that regional overcapacity on Asia could have on the more regionally balanced markets of WEP and the Americas.
- 2:50pmThursday October 122:50pm - 3:05pmGlobal PE/PP Q&AGlobal PE/PP Q&A
- 3:05pmThursday October 123:05pm - 3:35pmAfternoon Break0Afternoon Break
- 3:35pmThursday October 123:35pm - 3:50pmUS PolicyCongressional Update
What can we expect in the remainder of the first session of the 115th Congress? Senator Ron Johnson (R-WI) will present a congressional update.
- 3:50pmThursday October 123:50pm - 4:00pmUS Policy Q&ACongressional Update Q&A
- 4:00pmThursday October 124:00pm - 4:25pmRisk Management in the Plastics IndustryShale, Hedging, & Harvey: Risk Management in an Uncertain World
In today’s dynamic market, risk management should be an integral part of every business. Managing price risk is common practice across much of the commodities space, however it is still a relatively new concept when it comes to plastics. Whether your goal is budget certainty or margin management, financial hedging can offer several benefits to your business, and possibly even give you a competitive advantage.
In this session, you will hear from John McGuire of BP, who will walk you through one of these financial products and how you can apply it to your business.
- 4:25pmThursday October 124:25pm - 4:40pmPort Houston UpdatePort Houston Update
- 4:40pmThursday October 124:40pm - 4:55pmThe Shale Gas Revolution and the New Landscape of the US Plastics IndustryThe Shale Gas Revolution and the New Landscape of the US Plastics Industry
Much attention has been paid to how the US shale gas is driving the growth of the plastics industry in the US Gulf Region. Recent reports have now proven that the US Northeast is also experiencing a strong period of growth as the largest producing region for shale gas and NGL. Shell Pennsylvania Chemicals has initiated construction of a $6 billion ethane cracker in Beaver County, Pennsylvania and PTT Global Chemical has recently secured land for a proposed ethane cracker in Belmont County, Ohio.
The US Northeast offers abundant, reliable, and low-cost natural gas and NGL feedstocks in addition to robust existing plastics industry and two of the top five accredited plastics engineering programs in the country. Join this presentation to hear more about upcoming trends and predictions for growth in the region through 2030.
- 4:55pmThursday October 124:55pm - 5:10pmGroup Q&AGroup Q&A
- 5:10pmThursday October 125:10pm - 5:15pmDay 1 ConcludesDay 1 Concludes
- 6:00pmThursday October 126:00pm - 7:30pmCocktail Reception & Solutions Showcase0Cocktail Reception – Sponsored by Team PA
- 7:00amFriday October 137:00am - 7:50amRegistration & Continental BreakfastRegistration Opens. Continental Breakfast Sponsored by CN
- 8:00amFriday October 138:00am - 8:15amWelcome RemarksWelcome Remarks
- 8:15amFriday October 138:15am - 8:35amAge of InnovationDeriving Value from Secondhand Materials: Plastics as a Resource for New Chemistry & Chemical Recycling of Plastics
Of the >30 million tons of plastic solid waste produced annually in the US, less than 10% of it is recycled. Technological limitations continue to be a principal contributor to these low numbers. Four techniques are currently implemented: primary, mechanical, chemical, and energy recovery. Incineration during energy recovery destroys valuable chemical functional groups in plastic but can extract energy from mixed plastic waste. In contrast, dominant approaches based on primary recycling require nearly pristine input and polymer properties are altered during re-processing. This talk will focus on innovations in recyclable network design and chemical recycling for monomer recovery from plastics.
- 8:35amFriday October 138:35am - 9:20amThe Future of TechnologyThe Future of Technology
From artificial intelligence to nanotechnology, Jacobstein looks at what technology is coming our way and how it will affect the ways we work and live. He addresses the business, technical, and ethical implications of exponential technologies that double in price performance every two years. With presentations continuously updated with the latest breakthrough news and technology, he customizes each talk to the audience at hand, sharing one of the most thoughtful looks at what we can expect 5, 10 and 15 years out. Jacobstein highlights what audiences can learn about innovation from the disruptive technology accelerating all around them.
- 9:20amFriday October 139:20am - 9:30amQ&AQ&A
- 9:30amFriday October 139:30am - 9:40amMorning Break0Morning Break
- 9:40amFriday October 139:40am - 10:50amGame Changing Panel: The Future of Plastics in Key End Markets – Automotive & Transportation and Packaging & Medical DevicesGame Changing Panel: The Future of Plastics in Key End Markets – Automotive & Transportation and Packaging & Medical Devices
Donald Thomson, President , The Center for Regenerative Design and Collaboration
An introduction to our circular business model REAP (Recover-Enrich-Appreciate-Prosper) and the future potential of Regenerative Consumption demonstrated using single use packaging designed with a feed back loop which provides consumers the mechanism and incentive to convert the waste stream into a contaminate free value stream.
How Consumer Trends are Driving Innovation in Packaging
Jason Paladino, Vice President Application Development, Berry Global
A high-level look into the ways consumer preferences motivate our actions in business, packaging, and even resin. By anticipating consumer trends, we have a sneak peek into the future of our industry.
Reinventing the Wheel: The Impact of the Automotive Industry’s Mobility Transformation on the Chemical Industry
Anthony Palmer, Vice President, Consulting, IHS Markit
The changes we are beginning to see in the mobility area parallel several prior, but not too distant, disruptive events that have shaped the current state of the chemicals industry. The impacts of changing powertrains, vehicle design, and vehicle sales volumes, have the potential to disrupt an industry that consumes as much as 15 percent of the value of the global chemical industry’s output. This presentation examines these evolving disruptive forces and explores what technological, environmental, societal, and business issues are driving these changes.
Game Changing Panel Q&A
Moderator: Patty Long, Executive Vice President, PLASTICS
- 10:50amFriday October 1310:50am - 11:20amNetworking BreakNetworking Break
- 11:20amFriday October 1311:20am - 11:35amGlobal Recycle Update: How does China’s National Sword Affect the MarketGlobal Recycle Update: How does China’s National Sword Affect the Market
Since crude oil price plummeted in 2014/2015, we have seen a significant amount of recycled materials being displaced by prime resins globally. China, the biggest market for recycled plastics, has reported substantial reductions in recycle demand in 2015 and 2016—which in turn lifted prime resin demand. In 2017, a new campaign called “National Sword” was implemented in China, aiming at cracking down imports of scrap and foreign wastes. This presentation will provide an update on “National Sword” and assess its potential impact on the future of recycle markets.
- 11:35amFriday October 1311:35am - 11:55amPETPET Markets and Raw Material Drivers
The PET industry is globally oversupplied; each major region has added capacity over and above growth in demand, which has slowed down. While polyester fibers have sustained demand growth for the major raw materials, PX, PTA and MEG, those materials may also face short term surplus capacity.
- 11:55amFriday October 1311:55am - 12:20pmEngineering Plastic & Engineering ResinsEngineering Plastics: Coping with the Shift in Gravity to the East
The increasing concentration of new engineering resin capacity in Asia has consequences in North America and Europe as opportunities to export have declined. Plant rationalizations have occurred tightening supply. We will examine the expected impact of supply/demand trends and cost on the markets for polycarbonate, ABS, nylon and PBT.
- 12:20pmFriday October 1312:20pm - 12:40pmPolystyrene Global Market Outlook: Revival Mode
The global polystyrene markets over the last five years had seen a slowdown in demand and at the same time faced an increase in capacity, inter-material competition and feedstock price volatility. However, rationalization and consolidation that was seen in North America/ Europe in recent years is expected to be replicated in the mature markets of Northeast Asia. As the market consolidates, the focus is expected to shift from volume to margin. At the same time, global PS demand is forecast to see a gradual recovery over the next five years.Polystyrene Global Market Outlook: Revival Mode
The global polystyrene markets over the last five years had seen a slowdown in demand and at the same time faced an increase in capacity, inter-material competition and feedstock price volatility. However, rationalization and consolidation that was seen in North America/ Europe in recent years is expected to be replicated in the mature markets of Northeast Asia. As the market consolidates, the focus is expected to shift from volume to margin. At the same time, global PS demand is forecast to see a gradual recovery over the next five years.
- 12:40pmFriday October 1312:40pm - 12:50pmGroup Q&AGroup Q&A
- 12:50pmFriday October 1312:50pm - 12:55pmClosing Remarks0Closing Remarks
- 12:55pmFriday October 1312:55pm - 1:55pmLunch0Lunch