11-12 October 2016, Organized by UMS Institute
Location: Indonesia Jakarta
Organizer: UMS Institute
Tel: +86 21 6155 3964
Fax: +86 21 5186 1548
We are pleased to announce that the 2nd Indonesia Refining & Petrochemical Convention 2016 will be held on October 11-12, 2016 in Jakarta, Indonesia, where senior refining and petrochemical professionals from Indonesia and beyond will meet to discuss the latest investment developments, regulation landscape and operational challenges facing the refining and petrochemical industry.
Petrochemicals: Oil Treating & Refining
With the robust economic development and growing demand for energy and petrochemical products, Indonesia remains one of the Asia’s most dynamic regions for investor, energy companies, refiners and petrochemical producers. As the government’s role in the market has changed, opportunities to enter the country have increased and become less restrictive. Forecast to become the world’s seventh largest economy by 2030, the Indonesia of today shows promise. With an estimated future growth rate of 6% year-on-year, companies that are able to establish a strong presence in the country will benefit.
In terms of petrochemical industry, it has been witnessed a consistently rise in market demand for petrochemical products as well as a rapid growth in capacity and import dependency, especially focused on the creation of polymers and related to plastic production.
However, the industry faces several challenges to future development: infrastructure gaps and limited ability to transport products, technology innovation for chemicals, labour and land issues, ambiguous import laws and investment barriers.
The 2nd Indonesia Refining & Petrochemical Convention 2016, schedule from October 11-12, is a 2-day gathering of international experts from all over the world to share case studies, discuss opportunities and deliver solutions for the major challenges faced by the industry. It should be the ideal platform for refining and petrochemical companies/individuals to know the latest updates and explore partnership opportunities for staying ahead of the game.