Session Details
Global Plastics Summit Day 1
Session 1: The Big Picture
A breakdown of the economic outlook as a foundation for projected plastic market dynamics and the current global issues impacting the market.
The global energy market plays a critical role in shaping the plastics industry but the market has been stressed by geo-political events and the push for a low carbon future. Will these stressors continue to play a role? What implications lie ahead for the plastics market in relation to energy?
Demand growth for olefins continues at a healthy pace. But, this demand growth is insufficient to absorb the overbuild. Operators around the world are assessing how to manage through an extended margin trough for the higher cost producers and regions. They are keen to understand how others are moving the levers to an advantage position and continue operations and assessing who will be the operators to have to make more drastic adjustments, idling or rationalizing.
Session 2: Global Impacts
A series of plant closures, stress tests, and strategic review of Polyolefins units have been announced in Europe recently. High cost of decarbonization, loss of competitiveness and approaching peak demand is spurring deindustrialization. While in the Middle East spurred by energy transition, economic and social diversification mega investments are being lined-up. What does this contrasting picture mean for the world of Polyolefins? What are the scenarios and risk factors?
Three pillars of China’s economy, waning consumer spending, slowed fixed-asset investment, and stalled property sector, translated into the anemic demand for polyolefins-based articles, likely marking a departure from its golden years. In addition, these ripple effects were further intensified by the burgeoning new capacity additions including the colossal ones planned for ‘me-too’ and premium resins. Looking ahead, the Chinese government’s efforts to navigate these turbulent waters remains fraught with uncertainty in the face of profound economic shifts, casting a long shadow over the demand recovery for Polyolefins. This presentation will provide in-depth analysis of this key region and its global impact on the polyolefins industry.
As the chemical sector evolves with innovations in sustainability, green chemistry, and advanced materials, new projects are shaping the future of industrial growth and competitiveness in the region. This presentation will discuss the dynamic landscape of the chemical industry, and the drivers behind new projects, including technological advancements, regulatory shifts, and market demands. Additionally, it will address the opportunities and challenges these projects present and the implications for investment trends.
Yonas Kebede, Director Polypropylene Sales & Marketing, Heartland Polymers
Session 3: Polyethylene & Polypropylene Overview
The global polyethylene story encompasses two major themes. It’s a story of oversupply and regional production cost disparity. It’s about those who are cost advantaged and those who are not. We’ve seen the cost disparity portion of this story before, but never has it been coupled with so much excess capacity. This combination will drive change in the structure of the industry. In order to return to some degree of profitability for the less advantaged producers, significant production capacity will have to be shut down or cut back, and some pending start-ups may be delayed. This evolving scenario will be reviewed at GPS.
The global PP market continues to enter uncharted waters with more new capacity being built versus demand than at any other time in history. This presentation will focus on likely strategies for global producers to survive the current down cycle. Demand drivers will be analyzed with an update on global trade patterns, dealing with evolving supply chain uncertainties.
Session 4: Market Updates
In this presentation, we will explore the dynamic landscape of the pipe market, with a particular focus on the polyethylene (PE) pipe sector and its remarkable growth opportunities versus more traditional materials, such as concrete, iron and steel. In our cyclical plastics industry, when there’s more supply than demand, it is important for the plastics industry to understand and support the drivers of market growth of PE.
The market outlook for engineering plastics is influenced by several key contributing factors some of which include the shift towards lightweight materials for fuel efficiency, advancements in electric vehicles (EVs), and the growing adoption of high-performance polymers. This presentation will explore how these factors impact the market and the challenges and opportunities looking ahead.
Peter Feng, Executive Director, Styrenics, Chemical Market Analytics by OPIS
This presentation will explore the polystyrene market outlook including key trends, challenges, and opportunities shaping the industry’s future. It will highlight the impact of fluctuating raw material costs, environmental regulations, and shifting consumer preferences toward sustainable alternatives.
This presentation will review recent past developments in the PVC market and how those will shift trade patterns and competition. We will point out some lessons learned from the pandemic years and, finally, show the basis of our outlook for 2025.
Carlo Barrasa
Vice President, Energy Insights Team Lead Chemical Market Analytics by OPIS
Read BioRobin Bresser
Marketing Manager, Pipe Solutions Baystar
Read BioPeter Feng
Vice President, Aromatics & Fibers Americas Chemical Market Analytics by OPIS
Read BioDewey Johnson
Senior Vice President, Global Head of Chemical Market Analytics Chemical Market Analytics by OPIS
Read BioOskar Karlsson
Chief Procurement Officer and VP Sustainability Trioworld
Read BioYonas Kebede
Director Polypropylene Sales & Marketing Heartland Polymers
Read BioAna Lopez
Director, Americas Vinyls and Global Sodium Sulfate Chemical Market Analytics by OPIS
Read BioJonatas Melo
CEO & President Baystar
Read BioKaushik Mitra
Executive Director, Europe Plastics & Polymers Chemical Market Analytics by OPIS
Read BioJoel Morales
Vice President, Polyolefins Americas Chemical Market Analytics by OPIS
Read BioTerrine Ooi
Associate Director, North America Polyolefins
Read BioJavier Ortiz
Executive Director, Global Engineering Resins Chemical Market Analytics by OPIS
Read BioNick Vafiadis
Vice President, Global Plastics & Polymers Team Lead Chemical Market Analytics by OPIS
Read BioMarcelo Wasem
Director, Americas Purified Terephthalic Acid | Polyethylene Terephthalate Chemical Market Analytics by OPIS
Read Bio