WSA 2024 – Day 1

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Session Details

WSA 2024 – Day 1

Thursday, 10 October
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Vice President, Global Inorganics, Chemical Market Analytics by OPIS 

Session 1: Global Outlooks

Carlo Barrasa, Vice President, Energy Insights, Chemical Market Analytics by OPIS
A breakdown of the economic and energy outlooks as a foundation for projected soda ash market dynamics.
Marguerite Morrin, Executive Director, Chemicals, Chemical Market Analytics by OPIS
In 2023, the market saw the dichotomy of historic high growth for soda ash in China, led by solar glass and lithium carbonate versus a sharp drop in soda ash demand in the rest of the world. World solar glass production grew strongly in 2023 while flat glass growth was modest and container glass demand struggled. What opportunities does the current landscape provide for the industry?
Jonathon Pascoe, Director Research & Analysis, McCloskey by OPIS
This speaker will discuss the global outlook for coal and coke and the impact to the soda ash market.
Moderator: Vice President, Global Inorganics, Chemical Market Analytics by OPIS
Make new connections or join familiar faces during this dedicated break. Sessions to resume at 1055.

Session 2: Global Market Outlooks

Alasdair Warren, CEO, WeSoda
Hear from a prominent producer in the soda ash market discuss the state of the current market, challenges and implications for the future.
 
Hear from a prominent producer in the soda ash market discuss the state of the current market, challenges and implications for the future.
Moderator: Marguerite Morrin, Executive Director, Chemicals, Chemical Market Analytics by OPIS

Session 3: Regional Market Overviews

Kamil Majczak, CEO, Ciech SA
Key producer discusses steps that they have in place to position themselves for a low carbon future.
Hasan Copur, Associate Director, Global Soda Ash, Chemical Market Analytics by OPIS
What opportunities and challenges does the European market face and how does it impact the global market.
 
What are the opportunities for soda ash in India and is there an impact to the global market?

What are the opportunities for soda ash in Southeast Asia, a developing region, exclusively reliant on soda ash imports?
Moderator: Vice President Global Inorganics, Chemical Market Analytics by OPIS 
Make new connections or join familiar faces during this dedicated break. Sessions to resume at 1620.

Session 4: Regional Soda Ash Market Outlooks


The presentation will analyze the supply and demand of soda ash in Africa where the soda ash per capita consumption is the lowest in the World.
Lu Jin, Zhengzhou Commodity Exchange
The Soda Ash Futures of the Zhengzhou Commodity Exchange (ZCE) is the only futures contract in the world based on the product of soda ash. In this presentation, I will introduce Soda Ash Futures from three aspects. Firstly, we will discuss the soda ash market in China and address the main considerations when designing and launching the Soda Ash Futures. Secondly, I will examine the performance of Soda Ash Futures over the past years. Finally, I will review the Contract Specifications to understand how it is traded and delivered.
Moderator: Hasan Copur, Associate Director, Global Soda Ash, Chemical Market Analytics by OPIS 
Vice President Global Inorganics, Chemical Market Analytics by OPIS 
Session Speakers

Carlo Barrasa Vice President, Energy Insights Team Lead Chemical Market Analytics by OPIS

Carlo Barrasa is the Vice President of Energy Insights at Chemical Market Analytics In this role, Carlo stewards the development of energy market content to help Chemical Market Analytics’ clients navigate the complexities of the oil, gas & natural gas liquids markets. Previously, Carlo led the North American Light Olefins service, which provides clients with valuable insights into the regional market dynamics of cracker feedstocks, ethylene, and propylene. Before joining Chemical Market Analytics, Carlo was a Senior Strategy Advisor at Anadarko Petroleum, where he was responsible for guiding the company's market strategy for its natural gas liquids business. After beginning his career in various downstream and chemical roles with ExxonMobil, Carlo held senior consulting and research positions at IHS Markit legacy companies PFC Energy and CMAI.

Hasan Copur Associate Director, Global Soda Ash Chemical Market Analytics

Hasan is the Associate Director of the Soda Ash team at Chemical Market Analytics. Hasan is currently working within the Chlor-Alkali/Vinyls Team with a focus on global Soda Ash Market Advisory Services. Over 15 years in commercial roles, Hasan has acquired international experience in the chemicals industry, while holding various sales and business management roles. He engaged in diverse sectors using inorganic chemicals as raw materials and helped develop a portfolio of global clients. Hasan spent over 10 years with Sisecam, a global glass, and soda ash manufacturer, in its multiple locations managing international sales activities for their chromium chemicals. He spent 4 years in China, leading the regional business. Prior to joining IHS Markit base chemical (now known as Chemical Market Analytics) in 2021, he spent 3 years working in trading, overseeing a range of basic chemicals and metals in the international markets.

Lu Jin Senior Manager Zhengzhou Commodity Exchange

Lu Jin joined Zhengzhou Commodity Exchage in February 2015. As the Senior Manager of Commodity Products III Department at Zhengzhou Commodity Exchange, she has made significant contributions to the exchange's growth and success. With her expertise in the field of commodities trading, she has been instrumental in the design and launch of Soda Ash, Sodium Hydroxide futures, and options. Her team is responsible for the research and development of Flat Glass, Soda Ash, Sodium Hydroxide Futures, and Soda Ash, Sodium Hydroxide Options. Under her guidance, they have added to the exchange's offerings and helped meet the needs of the industry.

Kamil Majczak CEO Ciech S.A.

Since June 2022, he held the position of a Member of the Management Board of CIECH S.A. responsible for the strategy and business transformation. Kamil Majczak has been associated with the CIECH Group since 2018, when he took the position of Strategy Director at CIECH S.A. responsible for formulating and implementing the Group's strategy. In 2020-2021, he simultaneously held the office of the President of the Management Board of CIECH Żywice and a Member of the Management Board of CIECH Ventures, a company focusing primarily on cooperation with young businesses developing modern technologies related to chemistry, sustainable industry and agriculture. So far, his most important achievements at CIECH have been: preparation of the Group's strategy for 2019-2021 and 2022-2024 as well as support in their implementation, coordination of activities related to improved efficiency in the soda business (digitisation), preparation of a plan to modernise energy sources in accordance with the adopted ESG Strategy, as well as a review of the Group's businesses, including the sale of the CIECH Żywice business for PLN 160 million in 2021. Between 2018 and 2021, he was employed at Kulczyk Investments. Professional Experience From 2018 to 2021, Kamil Majczak also worked for Kulczyk Investments. His previous professional experience includes working for the strategic consulting firm Bain & Company in Warsaw and Melbourne from 2014 to 2018, as well as for the advisory firm PricewaterhouseCoopers in London from 2012 to 2014. Education Kamil Majczak is a graduate of a master-degree programme in economics at the University of Cambridge and a bachelor-degree programme in economics at the Warsaw School of Economics.

Marguerite Morrin Executive Director, Global Soda Ash Chemical Market Analytics

Marguerite Morrin is the Executive Director at Chemical Market Analytics. Marguerite has covered all chlor-alkali, vinyls, and related products in the chemicals industry. Her primary focus today is on soda ash. She has also participated in many single-client consulting studies on soda ash and chlor-alkali/vinyls. Ms. Morrin was responsible for launching the Global Soda Ash Service in 2008 and she is the lead consultant in soda ash, who presents many conference papers on the subject. She joined Chemical Market Associates Inc. (CMAI) in 1990, initially as an analyst in olefins. Since 1994 she was involved in the analysis of the chlor-alkali product area and helped to build and develop this sector within CMAI, which later became part of IHS Markit base chemicals business (now known as Chemical Market Analytics). Ms. Morrin graduated from University College Dublin, the Republic of Ireland, with a Bachelor of Science (Hons.) in Chemistry and she also holds a Diploma in Business Studies from University College Dublin.  

Jonathan Pascoe Associate Director, Thermal Coal Research McCloskey by OPIS

Jonathan Pascoe, Associate Director, Thermal Coal Research, covers all aspects of the global thermal coal market including demand, supply, freight, prices, and cost analysis. Mr. Pascoe is responsible for running the research team’s thermal coal supply and demand model and is managing editor of McCloskey’s Thermal Coal Market Briefing publication. He also contributes strategic reports to McCloskey’s Thermal Coal Research service, and has contributed research to several consulting projects in thermal coal market assessments and price outlooks, coal supply studies, and litigation processes. Mr. Pascoe holds a BSc in mathematics from the University of Surrey.

Alasdair Warren Chief Executive Officer WE Soda

Alasdair Warren is the Chief Executive Officer of WE Soda, based in London, having been appointed in November 2019 and having previously served as a non-executive board director.

Prior to joining WE Soda, Mr. Warren served as the Head of Corporate and Investment Banking for the European, Middle East and Africa region at Deutsche Bank, based in London.

Prior to that, Mr. Warren was an investment banking Partner at Goldman Sachs in London for 11 years, serving in a number of roles, including the Global Head of Financial Sponsor Coverage, the Head of European Equity Capital Markets and Derivatives, and the Co Head of UK Investment Banking.

Mr. Warren holds a BSc (Hons) in Geology from the University of Nottingham.

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