While a good amount of buzz at the Asia Petrochemical Industry Conference APIC in Sapporo, Japan, on May was on the coming wave of US ethylene and derivatives capacity and its potential impact, Asia itself is undergoing major structural shifts with implications for global markets. China and India will lead the way with significant transformations, both based on traditional naphtha cracking which has found renewed competitiveness. Much of the capacity planned to start up in and has been pushed back to after , calling into question whether some will be built at all. In the past, these would be built by only the major companies such as PetroChina and Sinopec. Projects have been announced since the second half of through , she noted. ZPC will build a massive refining and petrochemical complex in two phases, with the first scheduled to start up in late , and the second for late
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Asia Petrochemical Industry Conference is the most established conference and exhibition focused on the Asian petrochemical industry. The main objective of. In , the East Asia Petrochemical Industry Conference (EAPIC) was originally founded by the petrochemical associations in east Asia – Japan Petrochemical.
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Over a period of more than two decades, presidents, chairmen, board directors and senior managers of the leading Asian petrochemical corporations convened to discuss issues confronting the industry. The responsibility to host the annual conference was equally shared by each of the founding association on a rotational basis. In the year , the founding members of EAPIC decided to open its membership to other major petrochemical associations from around Asia.
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