Fleming Gulf

4 - 6 October 2010, Doha, Qatar

Developing and investing in advanced technologies are ways in which companies can create truly exceptional value. The current economic environment coupled with environmental challenges represents a fairly unique opportunity for companies to create extraordinary value by developing new process technologies in the petrochemical sector.

The petrochemical industry of today is an unavoidable part of the manufacturing and consuming sectors, responsible for products like paint, plastic, rubber, detergents, dyes, fertilizers, textiles, and even solvents. However, 2009 has been an unpleasant year for the Petrochemicals sector, which experienced a huge drop in demand due to the global economic slowdown. The fundamental weakness in the world economy has restricted the consumption of petrochemicals. The beginning of this 21^st century has seen a huge shift from the West to the East in the Petrochemicals business, with Middle East emerging as a global production hub with an advantage of low cost feedstock.

This trend is likely to also affect the global petrochemical industry with emergence of National Chemicals and Oil Companies as global players having to realign by moving eastwards through partnerships or strategic alliances to be near the consumption centers to catch up with Asia’s Petrochemical boom.
However, as regional petrochemicals development continues, the industry will face significant challenges relating to energy and feedstock availability and to climate change, particularly carbon dioxide emissions. Major consumptions are shifting to Asia given the rapid growth in demand in China on account of chemical intensive and export driven industry & India emerging as a global consumer.

Silver Sponsors:

Established in the Middle East since 1985, Contax Partners offers a fully integrated end-to-end growth advisory solution to decision makers and business leaders operating across the entire supply chain in the region's oil, gas, petrochemical, metals, mining, power and water industries. Through the provision of this unparalleled set of professional services, Contax Partners is able to successfully support new and existing customers' Middle East strategy development to facilitate profitable growth.

Johnson Matthey Catalysts is a leading supplier of catalysts and absorbents for process technologies and are brought to the market through a range of well known brands: PURASPECJM, KATALCOJM and HYTREATJM.  The Chemical Catalysts business develops and manufactures proven and reliable catalysts that optimise chemical processes.

MEGlobal™ is a world leader in the manufacture and marketing of merchant monoethylene glycol and diethylene glycol, collectively known as ethylene glycol (EG). Headquartered in Dubai, United Arab Emirates, MEGlobal markets approximately 3.5 million metric tons of EG per year which is used as a raw material in the manufacture of polyester fibers, polyethylene terephthalate resins (PET), antifreeze formulations and other industrial products. With approximately 200 employees worldwide, MEGlobal operates production facilities in Fort Saskatchewan and Red Deer in Alberta, Canada. MEGlobal is a 50:50 joint venture between The Dow Chemical Company and Petrochemical Industries Company (PIC) of Kuwait. Further information can be found at www.meglobal.biz.

Supporting Sponsors: