After 5 successful years of catering to the downstream petrochemical industry, Fleming events is shifting its focus to reflect the challenges related to lowering oil prices and need to find new ways to stay ahead of the game.
Saudi Arabia has identified the downstream hydrocarbon industry as one of the most important engines of growth with $150 billion in its potential investments. However, with low oil prices and the boom in shale gas in the west, its time companies start strategising their decisions for the future. How can bottom line margins be reduced and what are the innovation strategies to increase products and services capability?
With the focus on process optimisation programs, maximisation of efficiency, feedstock and catalysts, the summit will bring on board refining and global petrochemical technology providers and manufacturers to speak about the latest technologies transforming the market place, such as methanol to olefins, low temperature sulphur adsorbents, aromatics recovery, converting ethylene and butadiene to propylene or improved furnace optimization.
Speakers on board include CEO of Sahara Petrochemicals Company, Senior VP of Reliance Technology Group, MENA Senior Advisor from Shell EP, CEO of King Abdullah Economic City ,or Executive Vice President of Technology and Innovation at SABIC Headquarters.
With integration playing a key role in remaining competitive in today’s global downstream market, the Kingdom International Downstream Summit aspires to present strategies to stay competitive till 2030.