Is the global PP sector prepared to cope with tight propylene supplies?

19-Oct-11

Strategies for coping with tight propylene supplies will be discussed by global polypropylene players will meet at CMT’s 6th Global PP Markets & Tech conference. The tight supply projections for propylene have opened up new challenges in the propylene value chain with fears of price hikes and supply shortage looming large. Increasing dependence in US on shale gas and its impact on propylene supplies, plus Middle East PP supplies, and the search for competitive or alternative technologies based on new feedstocks, have stirred the global PP industry. Given that PP markets have witnessed rapid technological changes due to innovations in product design and applications with new additive driving new product development, the event will kick start with an address on technological trends and role of alternative technologies like PDH, MTP and deep cracking as future supply option by expert from CMAI. The program also examines the rise of Middle East & Russia, as key regional players expected to bring about significant changes in PP trade patterns. Russian conglomerate, Sibur Holding JSC will share insider’s insights into the fast changing Russian PP markets. Focusing on high growth markets such as Africa, ASIA, South America, Russia and Eastern Europe, the conference will next deliberate on the future demand supply balance, competitive sourcing of propylene, and key emerging applications.