The tale of two transitions on the future of petrochemicals
Wednesday 25 November | 11AM Dubai time
The energy transition means that the future of oil is now inextricably linked to petrochemicals. Standalone oil refineries that focus solely on fuel are becoming increasingly outdated and the preferred strategy of many refiners is now to focus on integrated refining-petrochemical sites. As the energy transition takes hold, this is now seen as a strategic imperative.
While the energy transition seeks to change the way that we power the world, we must also look to the bottom of the chain to change the way we produce and use materials.
At current growth rates, by 2050, materials usage is set to double and waste generation will increase by 70%. This unsustainable burden on the planet means its time for a materials transition with the global scale and ambition of the energy transition. What does the materials transition mean for the plastics value chain? How much demand could be displaced? What could this mean for global oil demand, and the petrochemical feedstock sector? And how could it affect refiners’ current focus on integration? All these critical questions and many more will be answered at the upcoming GPCA Webinar Series which delves into the energy and materials transitions, sharing unique insight from Wood Mackenzie’s experts.
- What are the two transitions?
- What does the energy transition mean for petrochemicals?
- Future of oil demand
- Survival strategy for refiners
- Sustainability of second-generation integrated refinery-petrochemical assets
- Market implications of such sites (competitiveness, feedstock availability concerns for standalone petrochemicals)
- What does the materials transition mean for petrochemicals?
- What can plastics learn from the energy industry’s ambition towards net zero?
- What will more sustainable materials choices mean for plastic demand?
- Bioplastic and chemical recycling: technological saviours or a distraction?
- What could the knock-on impact be for the already challenged refining sector?
- Signposts for Gulf producers to watch
Head of Applications and Intermediates
VP Refining, Chemicals and Oil Markets – Downstream Global SME
Who should attend
- Managing Director
- Executive Director
- Executive Vice President
- Senior Vice President
- Vice President
Job functions (departments/organisation types)
- Corporate strategy/Strategy
- Business Development
- Research & Development/ Technology & Innovation
- Sales and marketing
- Polymer Technology
- Polymer Business
- Engineering Solutions
- Polyolefins Technical Development
- Chemicals & Additives
- Packaging innovation
- Circular Economy
- Petrochemical producers
- Chemical producers
- Polymer producers
- Plastics packaging solution providers
- Plastics recycling technology providers
- Refineries and gas processing plants
Why attend the GPCA webinar series?
Adapt to evolve
The GPCA Webinar Series will address a new reality brought about by the complex set of events that have impacted demand, profit margins, affordability, sustainability and the growth paradigm.
Learn and network
Formulated to encompass the 3 pillars of GPCA – thought leadership, advocacy and networking, the webinar series aims to facilitate strong dialogue, sharing of insights and navigating future industry terrains.
Examine and forecast
Stay updated with the most recent policy and ad-hoc reforms adopted by governments, their impact on the way trade and business is conducted and how to plan for the future amidst substantial uncertainties.
Connect with the industry
The GPCA Webinar Series will allow unprecedented access to key industry opinions, allowing attendees to gain from a wealth of knowledge as well as a relevant network, encouraging knowledge exchange and unity in adversity.