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27/09/2008

REPORT OF THE 42nd ANNUAL MEETING GENERAL BUSINESS & SUPPLY CHAIN - Grimaldi Forum, Monte-Carlo, Principality of Monaco 27 September - 1 October 2008

Chemicals on the horizon 2030 and beyond


summary


day 1

THE CHEMICAL INDUSTRY ON THE
HORIZON 2030 AND BEYOND


Introduction

Boy Litjens, CEO & Chairman of the Managing
Board SABIC Europe, Sittard, The Netherlands,
EPCA President


Keynote speech

ENERGY AND CHEMICALS ON HORIZON
2030 AND BEYOND


François Cornélis, Vice Chairman, Total, Vice
Chairman, Total Executive Committee, President,
Total Chemicals, President, Cefic


Panel discussion

HORIZON 2030 – CHEMISTRY IN A NEW ORDER

François Cornélis joined by Ray Hammond,
Futurologist, Stephan Faris, Journalist, Climate Change
Expert, Dr. Frank-Jürgen Richter, President, Horasis,
Expert in Finance and Asian Business, Nadine Dereza,
Panel moderator


day 2

GREEN AND SUSTAINABLE SHIPPING
ON THE HORIZON 2030 AND BEYOND



Introduction

Jan Arthur Hammer, President, Odfjel


Industry overview

SHIPPING IN 2030 : SUSTAINABILITY
AND CHALLENGES


Hans Feringa, President, Stolt Tankers


Panel discussion

HOW TO ACHIEVE GREENER SHIPPING

Hans Feringa joined by Ray Hammond,
Futurologist, Jan Kopernicki, Head of Shipping,
Shell Trading & Shipping Cy, Dr. Joseph MacInnis,
Undersea Research, Ken Block Soerensen,
President & CEO, United Arab Shipping Cy,
Nadine Dereza, Panel moderator


day1
EPCA President Boy Litjens, Chairman and CEO of SABIC Europe, welcomed
attendees to the 42nd EPCA Annual Meeting in Monaco.


The Chemical Industry on the Horizon 2030 and Beyond


The topic of this year’s meeting – The Chemical Industry on the Horizon 2030 and Beyond - he stated, was a challenging one but one designed to put the current situation in the right context. It would address the challenges of global population growth, the role of oil in the Middle East and what this means for Europe, availability and composition of energy sources, climate, but also the importance of the chemical and plastics industry in the world.


“The petrochemical industry is currently facing a difficult time and a lot of challenges”, he said, referring to the oil price and its volatility; the biggest financial crisis for 60 years, with GDP growth slowing down; and, last but not least, geo-political instability in the world.


“We have got used in the last four years to strong growth, high operating rates and high returns in our business.” But fortunately the industry has learnt from the past. “It has not only invested in expansions but also in the improvement of the competitiveness of its assets,” with ‘scrap and build’, the improvement of its infrastructure and energy efficiency and also a lot of investment in climate protection. This has required, he said, the industry to take a long term view with short-term action.


He concluded by stressing that the chemical industry has to maintain the long-term view and said that he hoped the conference would provide such a perspective.


EPCA President Boy Litjens, noted that this year there was an all-time record of 2300 delegates but said that more important than the numbers was the quality of the programme at the event, which EPCA strives to build on each year. EPCA, he explained, is more than just an Annual Meeting.

          

EPCA serves to initiate, facilitate and promote projects that are of interest to the total industry and its service providers.



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