CREON, a leading consulting firm in gas- and petrochemicals in the FSU states, invites you to the VII Global Conference "Polyethylene 2010" which will be held on the February 15, 2010 at Baltschug Kempinski Moscow Hotel.
The year 2009 has stressed old and outlined new problems on the PE market. Domestic polyethylene producers and converters suffered the results of difficult economic situation: consumption decline, liquidity gap and problems with financing resulted in drastic decline of the demand for polyethylene products and price reduction that caused casing of warehouses and decrease of production.
However the situation began to change since the second quarter of 2009. The process of cooperation on PE market began to improve.
Today the most vital question for the PE converters is the question of price for raw materials. The most important factor which affects the work of medium- and small size converters is predictability of the price policy. Recovery of the Russian polyethylene market can be expected only when plans of Russian producers are transparent and predictable.
The specific feature of Russian PE market for the last 5 years was the excess of the demand over the production. The capacities of domestic high destiny polyethylene producers are loaded completely in comparison with low destiny polyethylene, for example “Kazanorgsintez”. The recent agreement for the ethane price between “Gazprom” and “Kazanorgsintez” is the positive solution. Can the building of new capacities of monomer production from the gas raw materials change the situation in PE industry, what technological solutions already exist at the market – these are the questions to be discussed at the conference “Polyethylene 2010”.
The growing demand on the Russian PE market usually results in growth of imported polyethylene. The stable import growth was affected by sharp demand decrease in the end of 2008-the beginning of 2009. Geographical structure of the import also changed. Lately high activity trend from the Middle East producers is observed. The coming of such new quality and cheap polymer suppliers at the Russian market as Iran is observed.
The main subjects to be discussed at the conference "Polyethylene 2010" are:
- Is it possible to recover the market;
- How appropriate is the pricing for polymer;
- How many players has the market lost and what are the conditions of working enterprises;
- Stimulation of investors’ interest;
- Competition between Russian and import raw materials;
- Technological provision of the industry– integral part of modern polyethylene market.
In the current tough situation the communication and exchange of facts & figures becomes vital. By organizing Polyethylene 2010 conference, CREON provides you with a unique platform to obtain the full and up-to-date information on the market state as well as find new business contacts and opportunities.
A simultaneous translation into English is available for all delegates. |