The 11th Asian Chlor-Alkali Conference to be Held

The 11th Asian Chlor-Alkali Conference, sponsored by the world's leading petrochemical information provider ICIS and Tecnon OrbiChem, will be held on June 21-22, 2007 at the Four Seasons Hotel Shanghai. Experts from world-leading companies and industry organizations such as the World Chlorine Council (WCC), Bayer MaterialScience, Sinochem Group and Qilu Petrochemical will attend and speak. By then, delegates from all over the world will have the opportunity to directly listen to the latest developments in China, the most dynamic and diversified market in the world, and meet with their peers.

Following the success of the tenth Chlor-Alkali conference in Singapore, ICIS selected Shanghai as the main venue for the conference because it saw the thriving Chinese chlor-alkali market. This year's Asia Chlor-Alkali Conference will provide an excellent platform for industry elites to discuss China's uncertainties in the global market, the constant chlor-alkali balance, opportunities brought by new technologies, and other challenges facing the industry.

In the domestic market, although the chlor-alkali industry did not reach the high level at the beginning of 2005, it also obtained a reasonable benign return in the past two years. The situation in the international market is completely different. Although the price of caustic soda has always maintained a high level, the price of chlorine in the export of ethylene dichloride (EDC) and vinyl chloride monomer (VCM) is at the bottom. This situation remained at least until 2006. Year-end.

The continuing good situation in the caustic soda market can be attributed to the closure of the factory in 2003-2004, and the global market balance has therefore reached a tighter state. At the same time, the rapid expansion of PVC production capacity in China has made the global dichloroethane and vinyl chloride monomer market weak. The domestic production of calcium chloride-based VCM monomer in China is cheap, and as a result, the production of polyvinyl chloride increases, leading to an increase in the use of chlorine. This has affected the balance of global supply and demand in two years. However, this effect was weakened due to the decline in global oil prices, which led to the recent reversion of the price of ethylene-vinyl chloride to competitiveness, and the price of dichloroethane and vinyl chloride monomer also increased.

The booming chlorine production in China has boosted the rapid increase in China's export of caustic soda. What kind of effect this phenomenon will have on the future of the market is also one of the uncertainties in the global chlor-alkali industry.

The industry elites and delegates will gather at the 11th Asian Chlor-Alkali Conference platform to discuss how to deal with the competitive situation in the Chinese market.

ICIS holds a variety of targeted meetings for the petrochemical industry, providing an important platform for people in the industry to learn about the latest market trends in their respective fields.

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