With the deterioration of the global climate, the zero-emission challenge, the epidemic, geopolitical conflicts, fluctuations of oil prices, and other international instability factors, the operation of the refining and petrochemical market has been greatly affected.
However, with diminishing impact of the epidemic, and the gradual relaxation of lockdown policies, Thailand which as Southeast Asia's second-biggest economy expects domestic fuel, and petrochemical products demand to rapidly increase in the foreseeing future. Facing surplus of refined petroleum products as well as Aromatics, Olefins products, and under the turbulent external environment, the Thailand refinery and petrochemical operators must take actions on transformation and reconfiguration of Downstream Industry. In order to maintain the competitiveness, reduce costs and keep profits, the Thai refinery and petrochemical operators not only take ways of reducing oil and increasing petrochemical products, but extending the industrial chain to high value-added products (HVP), increasing feedstock flexibility, promoting the integration and upgrading of downstream production capacity, through the technologies of Process Innovation, Energy Efficiency, Environmental Protection, Digital Transformation, Operational Excellence, Safety Performance, and etc.. Asian PetroChem World, Thailand 2022 (APW, Thailand 2022) scheduled on 17-18, November, 2022, Bangkok, Thailand will gather 300+ government officials, refinery and petrochemical project owners, EPCs&Consultings, global leading process technologies, software and digital technology suppliers, cybersecurity solutions, equipment vendors, and ect. to discuss the most pertinent issues and facing opportunities & challenges today. |
♦ | Optimising and reconfiguring refineries; | |
♦ | Increasing flexibility through petrochemical integration ; | |
♦ | Expanding value chain business from petroleum business to petrochemical business ; | |
♦ | Biofuels, making decarbonisation a reality; | |
♦ | Extending to high-value products, ready for the transition from traditional energy to new energy (Energy Transition); | |
♦ | Seizing the opportunities offered by plastic recycling; | |
♦ | Clean Fuel & Sulphur Recovery; | |
♦ | Achieving net-zero greenhouse gas (GHG) emissions; | |
♦ | Decarbonisation roadmap; | |
♦ | Digitalization in Refining Industry in Thailand - current stage & future plan | |
♦ | Advancement of the energy transition through digitalisation solutions | |
♦ | Simulation for predictive analytics in petrochemical refining | |
♦ | Through data science and advanced technology improving realising exceptional plant performance | |
♦ | Driving plant improvements, achieving operational excellence and improving quality through asset management and IoT | |
♦ | Digital Twins, applications in refining and petrochemicals industry | |
♦ | Big data, analytics and artificial intelligence application improving downstream operation efficiency | |
♦ | Solution for safely controlling turbomachines, safety controllers,Safety Instrument Systems,Functional Safety and Cybersecurity |
Organization Types |
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♦ | Refinery & Petrochemical Project Owners | 45% |
♦ | Government Official | 3% | |
♦ | EPCs & Consultings | 9% | |
♦ | Process Technologies & FCC and Catalyst | 12% | |
♦ | Digital/automation/cybersecurity solutions | 14% | |
♦ | Equipment Vendors | 10% | |
♦ | Environmental protection solutions | 6% | |
♦ | Others | 1% |
Attendee Positions |
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♦ | CEO/(Vice) President/(Deputy) General Manager | 25% |
♦ | Government Official | 5% | |
♦ | Technology/Information/Engineering/Equipment/Safety Director, Deputy Director | 40% | |
♦ | Sales/Marketing/BD Director, Deputy Director | 20% | |
♦ | Institutes President/Association Chairman | 8% | |
♦ | Others | 2% |
♦ | “PTT, together with its six-core subsidiaries, announced they will spend a total of 851 billion baht on upstream and downstream businesses as well as new businesses to achieve net-zero greenhouse gas (GHG) emissions between 2021 and 2025. The largest portion of the funds will go toward the development of oil, gas and petrochemical infrastructure.” |
♦ | “PTT Global Chemical Plc, a petrochemical arm of PTT, is spending $642 million to improve the efficiency of its plastic recycling plant and a second olefin cracker unit in Rayong” and spending $1.3bn to improve efficiency in order to reduce emissions by 20pc by 2030 and gradually towards net-zero by 2050 |
♦ | “Thai Oil Plc, the oil refinery arm of PTT, is spending $5 billion on its Clean Fuel Project” |
♦ | “The Next Digital Behemoth: Thailand's 4.0 Revolution” |