The second edition of The OXO Conference oriented on the market

The second edition of The… For the second time, Grupa Azoty ZAK S.A. invited business partners, representatives of the plastics industry and chemical processing to take part in The OXO Conference. This event, which was connected with the activity of OXO Segment in Kędzierzyn, was held on 16th November in Sopot and its motto was „Illuminating the future of OXO and the derivatives”.

In the program of the conference three thematic sessions were included. The first named The Market fundamentals for OXO Chain presented a global view on European chemical and petrochemical markets, and the conditions of OXO alcohol market. The panel was opened by Hardeep Parmar, Specialty Chemical Director in a British consulting company Kline. In her lecture she described two decades of transformations of European chemical manufacturers, with particular emphasis put on the change of production from commodity to specialty chemicals characterized by greater demand and more attractive margins. Then, Mike Beal, Chemical Consulting Director in IHS Markit, commented on the state and prospects for global chemicals markets. He paid special attention to the growing demand for chemical products. Especially relevant in his view is the Chinese market and its increasing production capacity, as well as the prospects for the development of American production assets located in the Gulf of Mexico. The session was closed by Jeremy Pafford, Managing Editior of ICIS Americas, who emphasized that it is a good time for companies functioning in chemical industry, because each player, regardless of location, has the chance to be competitive.

The next panel named The OXO Downstream applications was concentrated on the usage of OXO products in the industry of paints and varnishes, fuels and plasticizers. Ying Ho Lee, Marketing Manager in a German company Synthomer, opened the session. Some positive trends were announced by the following speaker – Joanna Imiołczyk from Nitroerg S.A. - We see a clear global tendency towards higher standards for engine fuels. Not only in terms of efficiency but also ecology - she commented after the presentation “OXO based fuel additives”. The final theme of the session - “Projections for plasticizer market developments” – was presented by Maciej Budner, Strategic Marketing Manager, the representative of the conference’s host – Grupa Azoty ZAK S.A. In his speech he focused on current and future macro trends analyzed on the basis of key markets: Asian, American and European.

The concluding session was devoted to the lengthening of the value chain in the segment of plasticizers. Among the speakers were prof. dr hab. Kazimierz Piszczek, representative of UTP University of Science and Technology in Bydgoszcz, and Piotr Sułkowski, Purchasing Director in ERGIS Group specializing in plastic processing and production of PVC, PET and PE. In the lecture “PVC films and market trends in plastics converting”, the representative of ERGIS Group described recent market challenges associated with plasticizers and economy of closed circuit, that is recycling. The speaker approached the company’s efforts to introduce a “second life” for the produced polymers.

OXO Conference

empty
 

ZAK offers plasticizers for PVC processing and a variety of chemicals for its production including OXO alcoholes and phthalic anhydride

Poland