CMAI-世界石化市场展望及应对市场下行应采取的对策.pdfVIP

World Petrochemical Market Outlook Strategies to Survive the Downturn Gary Adams President Insert GAdams@ Consultant Picture May 14, 2009 Seoul, South Korea 2009 APIC –CMAI Seminar Singapore Shanghai Houston New York London Düsseldorf Dubai Where we concluded last year’s APIC… 2009 APIC –CMAI Seminar Use This Annual APIC to Augment Your Efforts Regarding… Defining Market Conditions Through The Cycle Determining Duration and Path to Recovery Predicting (Changing) Value Chain Pricing Power Positioning Your Business For The Next Upturn …Embracing change : Opportunity at a time of market uncertainty! 2009 APIC –CMAI Seminar Tightly Connected Value Chain Consumers Finished Goods Retail Chemicals Energy Plastics Compounds 2009 APIC –CMAI Seminar Current State of the Global Industry Market Fundamental Status What it is Telling Us Demand No Change to Improving Restocking Reacting Supply Tighter due to Closures Short Term Disruptions Capacity Exponential Growth Supply Side Downturn Here Cash Costs Steady at Low Value Price Capped by Raw Material Sector Prices Low with some inflation No Producer Pricing Power Chain Margins Minor Improvement Highly Leveraged at High Risk Petchem Markets