IISRP and Texas Petrochemical Group confirmed as panellists at 1st ICIS US Butadiene & Derivatives Conference
IISRP Managing Director & CEO Jim McGraw and Michael Bloesch of Texas Petrochemical Groups are the latest industry renowned experts confirmed to speak at the upcoming ICIS US Butadiene & Derivatives Conference taking place December, 3 2013 in New York, USA. Butadiene has been attracting a lot of interest in recent times as industry players try to understand the shifting market dynamics of this very important product.
ExxonMobil has reportedly nominated its October US butadiene contract price up 2 cents/lb ($44/mt), to 49 cents/lb ($1,080/mt) according to Platts. This increase reflects the market expectations for a slightly higher October US butadiene contract due to a rise in US spot butadiene prices in September - attributed to the US tracking higher pricing in Europe and Asia. However with tightening supply, demand in the US has remained weak.
Timed ahead of an important industry meeting this December, the one day ICIS US Butadiene & Derivatives Conference is the first in the US to focus entirely on the butadiene chain. IISRP and Texas Petrochemical Group will join Michelin, Ashland, Nexant, Integra, ICIS, Genomatica and Petral Worldwide to examine the factors influencing supply – including the key markets of Asia, Europe and the US. Time will also be taken to analyse opportunities in the main derivative markets driving demand (SBR, ABS, Nylon and Latex) and answer key questions such as how will the changing face of crackers in the US affect supply of butadiene; what are the global trade flows for butadiene; and what is the outlook for the future?
Find out more at www.icisconference.com/usbutadiene
For further information contact
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