NexantECA, Energy and Chemicals Advisory

We are delighted to share that NexantECA Vice President Connie Lo has been invited to moderate a panel session on day 2 of the CETA - Clean Energy Transition Asia summit at the Kuala Lumpur Convention Centre this coming 9 – 11 October 2024 - https://lnkd.in/eUwWEncN   The discussion for Connie's panel session will be titled 'Banking on the Future - Achieving Bankability and FID for Mega Energy Transition Projects'. The panel will explore the global challenges and solutions related to ensuring that large-scale energy transition projects secure the necessary financing to move from planning to implementation.   Visit the CETA Website - https://ceta.asia/ To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA #CETA #CleanEnergy #Energy #EnergyTransition

View our latest NexantECA #CrudeOil and #Refining quarter three performance analysis for 2024 - https://hubs.ly/Q02RJ1Rr0 "Average Brent crude oil prices remain similar to first half of 2024 settling, between US$83 and US$85 per bbl. However, this relatively flat quarterly trend has masked short-term volatility, as regional instability and economic headwinds continued to disturb prices. Price volatility was particularly evident in quarter three. Brent crude oil prices recovered robustly from a six-month low approaching US$75 per bbl in early June to almost US$89 per bbl opening July. The June trough was spurred by impending end of OPEC+ voluntary supply cuts, and weakened expectations on global economic activity. Falling refinery margins raised expectations of reduced capacity utilisation and lower crude demand..." To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA

Read our latest NexantECA #Petrochemicals and #Polymers quarter three performance insights and analytics for 2024 - https://hubs.ly/Q02RHVhL0 "Prices in quarter three of 2024 remained relatively stable with subtle movements recorded in commodities such as ethylene, propylene, vinyl and styrene. The ethylene chain in Asia largely recorded a decline in prices while propylene chain saw an uptick in prices, although changes are all very subtle. Despite an upward price trend in July and August, ethylene prices averaged lower on quarter two, shifting margins lower except for coal operations. The industry remained in a supply glut from massive additions of liquid-based steam cracker complexes with real concerns surrounding the massively negative margins key derivatives which has seen overbuilt capacity in Asia. Integrated polyolefin margins in China continued to be below variable cost since quarter four of 2023. Heavily supplied Asian propylene market shows similar trend in this quarter with margin squeezed as operators were unable to pass on the higher propane costs. Integrated PDH/polypropylene returns somewhere between variable cost and cash cost. Polypropylene in China remained relatively stable as slack demand was countered by maintenance turnarounds..." Read this post in full - https://hubs.ly/Q02RHVhL0 To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA

Meet the #NexantECA team at the 58th Annual Meeting of EPCA from 7-10 October 2024 in Berlin, Germany - https://hubs.ly/Q02QLTmZ0 The team attending this year will include: Anna Ibbotson, Vice President Markus Polag, Business Development Executive Stewart Hardy, Consultant Should you be interested in meeting the NexantECA team at the InterContinental Berlin, to explore ways in which we can support you, contact us at contactus@nexanteca.com. We would be happy to arrange a meeting that suits your schedule. This exclusive event, themed ’The Power of Action,' is dedicated to addressing the critical challenges of sustainability, affordability, and security in our industry. 📅 Dates: 7-10 October 2024 📍 Location: Berlin, Germany For more information and to register: https://hubs.ly/Q02QL_JZ0 #EPCA58

Today at the #AsiaTechForum NexantECA Senior Vice President Clive Gibson kicked off discussions by delivering a keynote on the market overview and strategic perspectives, while also focussing on the availability and cost of renewable feedstock. Follow Euro Petroleum Consultants for more updates from the Asia Tech Forum 2024. To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA #Petrochemicals #Refining #EnergyTransition #Downstream

While efficiency improvements and emissions reductions are essential for advancing the energy transition, we begin our #AsiaTechForum by addressing the greatest obstacle: the availability and cost of renewable feedstock. Our keynote speakers and panelists emphasized that these factors remain the most critical influences on the pace and success of the energy transition in the region. Kicking off the discussions here in Bangkok are Clive Gibson, Senior Vice President of NexantECA, and Natthakorn Kraikul, Vice President of Decarbonisation at PTT Global Chemical (PTTGC), followed by our panelists: Nungruetai Chaiyasit, Division Manager, Technology Department, PTT Global Chemical (PTTGC), Harsha Reddy, VP & Global Head of Sustainable Development, INDORAMA VENTURES, Gretchen Govoni, Chief Sustainability Officer, PETRONAS CHEMICALS GROUP, Simon Angell, Senior Vice President, KBC (A Yokogawa Company) and Stephane Wermester, Commercial Vice President, Asia Pacific, AXENS #EnergyTransition #Downstream

Join #Bloomberg BI Chemicals Analyst Sean M. Gilmartin and #NexantECA Senior Vice President Eric Bober for this Bloomberg webinar, in which they will be discussing clean hydrogen outlooks - https://lnkd.in/gtT9jCDF Sean and Eric will talk more about the long-term opportunities for low-carbon hydrogen, along with the potent challenges facing a still-nascent industry. Quickly evolving supply-demand dynamics, pricing, and the importance of government policy will be focus points. Webinar registration link - https://lnkd.in/gtT9jCDF To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA #Hydrogen #Carbon

Discover our insights on the current #BioButadiene market with our latest blog post titled: Bio-Butadiene: Interest is bouncing back: https://hubs.ly/Q02QKDSz0 Recent developments have resulted in a tightening of the butadiene markets, particularly with deficits observed in C4 crude in regions like North America. Additionally, spikes in energy prices have negatively impacted European cracker economics, resulting in reduced production of both ethylene and butadiene. While the tightening of butadiene markets is favorable for the commercialization of bio-butadiene, the higher production costs pose challenges in terms of competitiveness when compared to current market prices. Presently, the supply of steam cracker crude C4 exceeds the forecasted butadiene consumption. However, in Europe, a shift towards lighter feedstock and the establishment of new, more sustainable plants, such as the INEOS cracker in Belgium, suggests ongoing opportunities for the development of bio-butadiene. To produce bio-butadiene there are a number of feedstocks which can be used to begin the process. 𝗙𝗶𝗻𝗱 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲… Biorenewable Insights Butadiene (2024 Program) https://hubs.ly/Q02QKH8s0 This report focuses on developments in the bio-butadiene industry sector. This includes routes from sugar, ethanol, BDO, CO, succinic acid, and butanol. Market Analytics: Butadiene - 2024 https://hubs.ly/Q02QKQST0 This report provides analysis and forecasts to 2050 of supply and demand of the global butadiene market. This analysis identifies the issues shaping the butadiene industry as well as provide detailed demand breakdown by derivative, supply and net trade data for 40 countries. To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA

We are delighted to share our latest insights on new CCU technologies, with our blog post titled 'Hot new CCU technologies: Syngas and CO2 fermentation or how to unlock ultra-low CIs' https://hubs.ly/Q02QKZdT0 "It becomes increasingly clear that the effort to hold global temperature rise to 1.5 degrees Celsius has failed. Governments, industry, and consumers are all demanding action. As ambitious goals have been set, the petrochemical industry is at an “all hands on deck” moment to try to meet these goals. It will take an “all of the above” approach to achieve. Carbon capture, Carbon utilization and storage, electric heating, alternative technologies, power to liquids (PTL), and feedstock switching (to biofeedstocks) will all be parts of the energy and chemicals low carbon intensity future." 𝗙𝗶𝗻𝗱 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲… Biorenewable Insights: Syngas and CO2 Fermentation (2024 Program) https://hubs.ly/Q02QK-4d0 This report analyzes the developments in syngas fermentation technologies. Syngas is a readily available gaseous feedstock that has the potential to provide developers of bio-based chemicals with both a cost and carbon intensity advantage in production. The purpose of this study is to assess the technical, commercial, carbon intensity, and economic aspects of syngas fermentation. Market Insights: Carbon Dioxide - 2023 https://hubs.ly/Q02QKRqW0 This report provides analysis and forecasts to 2035 of the global carbon dioxide market. The report includes discussion regarding key trends, as well as supply review and demand outlook for nine regions: North America, South America, Western Europe, Central Europe, Eastern Europe, Middle East, Africa, Asia Pacific, and China with forecasts to 2035. Demand is segmented by urea, enhanced oil recovery, food and beverages, methanol, Power-to-Liquids (PTL) and others. Development in CO2 Capture, Sequestration and/or Utilization is reviewed. Cost competitiveness of CO2 derived chemicals is also included. To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA

Join the NexantECA team at the 58th Annual Meeting of the European Petrochemical Association from 7-10 October 2024 in Berlin, Germany - https://hubs.ly/Q02QLTmZ0 This exclusive event, themed ’The Power of Action,' is dedicated to addressing the critical challenges of sustainability, affordability, and security in our industry. Should you be interested in meeting the NexantECA team at the InterContinental Berlin, to explore ways in which we can support you, contact us at contactus@nexanteca.com. We would be happy to arrange a meeting that suits your schedule. The team attending this year will include: Anna Ibbotson, Vice President Markus Polag, Business Development Executive Stewart Hardy, Consultant 📅 Dates: 7-10 October 2024 📍 Location: Berlin, Germany For more information and to register: https://hubs.ly/Q02QL_JZ0 To initiate a discussion with the NexantECA team, or for more information, email us at contactus@nexanteca.com #NexantECA #EPCA58