In 2024, amidst the complex and ever-changing economic landscape, both opportunities and challenges abound. The polyester industry chain is currently in need of new growth drivers and risk mitigation strategies. Many enterprises are actively exploring both domestic and international expansion, but how is the global textile supply chain being structured? What policy advantages exist in different regions? What is the current state of local market development, and what are the future trends? Moreover, what is the development outlook for the highly anticipated environmentally-friendly recycled materials?
With a global perspective and a focus on the industry, we anticipate that crude oil may face a surplus in 2025. How should oil prices be evaluated? Will there still be volatility in products like refined oil and aromatics such as benzene? In 2025, the supply and demand conflicts in China's PX and PTA sectors will intensify once again. How can PX bridge the gap?
How will the PTA industry cope with regional competition under new capacity releases, and will pricing power shift? What are the global supply and transformation trends for ethylene? What opportunities and challenges will arise for MEG amid the progress of new plant startups? Will the optimization of logistics structures and costs bring new changes to warehousing and delivery?
We will invite upstream suppliers, polyester enterprises, traders, texturizing and weaving companies, warehousing and logistics enterprises, and other full industry chain participants for in-depth analysis and discussions. In addition, seasoned experts will lead field visits to key factories. Hosted by Huarui Information, the "2024 Wuzhen Polyester Summit" will be held in Wuzhen during November 14-15. We look forward to seeing you in Wuzhen!
Main Forum - Morning of November 15th | |
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08:40-09:00 | ● Opening Remarks |
09:00-09:40 |
● Has the Global Oil and Gas Supercycle Ended? Global Oil Market Outlook
Mr. Yan Jiantao has nearly 30 years of experience in the industry and is the author of several award-winning, bestselling books. He currently serves as the Executive Director of Fidelity Energy in Hong Kong and is an independent director for a listed company. His previous roles include positions at IHS/Cambridge Energy Research Associates in the U.S., Chief China Oil and Gas Analyst at Goldman Sachs Investment Banking in the U.S., and Chief of Policy, Industry, and Regulatory Affairs at BP in the U.K., all of which are internationally renowned companies known for their research. He has also worked as a research assistant at the James A. Baker III Institute for Public Policy, served as a reviewer for the International Energy Agency (IEA) annual World Energy Outlook report, and reviewed papers for the International Gas Union (IGU) Congress. He was named Best Energy Analyst for the Greater China region by Institutional Investor. Yan has also been involved in promoting the listing of Chinese crude oil, fuel oil, and natural gas futures in domestic and international markets. Mr. Yan is the author of the award-winning energy series of books, including Illustrated Crude Oil Futures, Illustrated Natural Gas, and Illustrated Petroleum, which received the Excellent Publication Award. He also contributed to the China chapter of the Asian Development Bank Institute’s English book Achieving Energy Security in Asia: Diversification, Integration, and Policy Implications, and worked as the Chinese translator for Dr. Daniel Yergin’s international bestsellers The New Map: Energy, Climate, and the Clash of Nations and The Quest: Energy, Security, and the Remaking of the Modern World. Additionally, he translated 40 Classic Oil Trading Strategies, a book on financial derivatives. Mr. Yan has held various academic and advisory positions, including Guest Professor of Industrial Economics at the University of International Business and Economics, Research Fellow at the International Energy Strategy Research Center at Renmin University of China, Advisory Board Member at the Sichuan Petroleum and Natural Gas Development Research Center at Southwest Petroleum University, and Expert at the China Oil and Gas Think Tank Alliance. He also serves as an editorial board member for industry journals such as Oil & Gas and New Energy and Natural Gas Technology & Economics. His research outputs include Global Oil Monthly Report, Global Gas Monthly Report, and Global Energy Company Monthly Report. His current focus includes: Specialized research and high-end consulting in traditional energy, analyzing the thousands of factors affecting the oil, gas, and petrochemical industries, markets, prices, companies, policies, and projects. These cover domestic and international supply-demand fundamentals, production operations, investment costs, spot and futures markets, energy transition competition, macroeconomics, geopolitics, seasonality, and unexpected events. Concentration on the long-term cycles, major trends, and short-term situations of the oil, gas, and petrochemical industries, particularly analyzing how companies adapt to the energy transition and the challenges and opportunities ahead for the oil and gas sector. Helping companies solve practical issues through a combination of in-depth research and actionable advice, offering multi-dimensional services such as strategic development, business model selection, investment and financing direction, project matchmaking, business negotiations, and risk management in production operations. Under the dual carbon goals, leveraging his expertise and authority to help companies proactively address competitive challenges, prepare for the energy transition, and tell the story of traditional energy transformation and China's journey. Mr. Yan is frequently invited to give speeches on energy economics and financial topics, including: Energy Transition Strategy in the New Era: Status, Challenges, and Opportunities for the Oil and Gas Industry; Strategic Development Trends in the Global Petrochemical Industry; Maturity of Domestic and International Refined Oil Markets and Price Marketization Analysis; Commodity Spot Price Indices, Trading Hubs, and Derivative Price Development; Analysis of the International Oil Market and Factors Affecting Oil Prices; When Will the International Oil Industry Complete Its Current Cycle?; Developing the Natural Gas Industry from the Perspective of Energy Substitution and Competition; Impact of China's Natural Gas Infrastructure Development on the Global Market; Interactive Analysis of International Oil and Gas Prices; Mergers and Acquisitions Trends in the International Energy Industry; Investment Trends in the International Energy Industry; What are the Chances for Electrification to Disrupt the Oil Industry?; Global and Chinese New Energy Development Trends and Forecasts. |
09:40-10:10 |
● Future of the Constantly Evolving Aromatics Market
Mr. Shen Lin is currently the Deputy Manager of the Aromatics Department at Sinopec Chemical Sales East China Branch. Since joining Sinopec in 2000, he has been responsible for the marketing management of various products, including synthetic fiber raw materials, organic chemicals, and aromatics. He has held several positions, including Manager of the Synthetic Fiber Raw Materials Department, Manager of the Synthetic Fiber Raw Materials Department at Sinopec Hong Kong, Manager of the Organic Chemicals Department, Director of the Taiwan Office, Senior Product Manager of Imports and Exports in the International Trade Department, Senior Business Supervisor, and Deputy Manager of the department. |
10:10-10:30 | ● Tea Break |
10:30-11:00 |
● The Rebalancing of PX and PTA Markets
Hao Shangkun, product manager of the Polyester Division at Huarui Information, overseeing PX, aromatics, and PTA market analysis and consulting. Over his 15-year career, he has been responsible for various upstream and downstream products in the polyester industry chain, including recycled polyester, polyester staple fiber, PTA, IPA, and PX. This has allowed him to accumulate extensive experience in understanding and analyzing the operations of the industry chain. He has led the organization of the "China Polyester Staple Fiber Industry Forum" which has been successfully held for nine consecutive years and highly recognized by enterprises, with participation from nearly 95% of the industry’s upstream and downstream companies. He has also participated in multiple editions of the "China Hangzhou Chemical Fiber Forum" and organized special sessions for the "Aromatics Conference." Mr. Hao has been invited to attend industry associations, industry salons, petrochemical conferences in India, corporate annual meetings, and other events, where he has delivered keynote reports on relevant topics. Among the products he oversees, the PTA price index is one of the key settlement indices for contract settlements among PTA upstream and downstream enterprises in China. He has provided market feasibility analysis reports and research consulting services to over 30 domestic and international enterprises and institutions. His reports, such as the "Domestic IPA Market Operation Report," "PX/PTA Supply and Demand Report," "Impact of Integration of China's Polyester Industry Chain," and "14th Five-Year Plan Outlook for PX/PTA Development in China," have received positive market feedback. |
11:00-11:30 |
● Integrating Futures and Spot Markets in Polyester: A Dual Exploration of Theory and Practice
Ms. Yan Mingli has 9 years of experience in the polyester industry and is responsible for polyester industry research and ethylene glycol futures and spot trading at Future Petrochemical. |
11:30-12:00 |
● PET Bottle Chips in the Global Supply Chain Restructuring: Challenges,Opportunities, and Strategic Choices
Charles Guo, lead analyst of the Polyester Division at Huarui Information, has been engaged in analysis and consulting of PET bottle chip market since 2011. He was previously responsible for PTA futures, BOPET and polyester industrial yarn market. He has a unique industry perspective in the analysis, understanding and judgment of the industry chain, and has established an influential industry circle. He has organized and participated in domestic and foreign industry conferences and customized training for enterprises. The leading industry brand conference “The International PET Industry Forum " has been successfully held for 10 years. In addition, he has completed a number of research reports, including market-specific surveys, project feasibility studies, industry operations research reports, etc. The consulting projects he participated include “Global PET Bottle Chip Supply and Demand Pattern and Investment Prospects Research Report”, “PET Industry Chain Weekly Forecast Report” and etc. |
Main Forum - Afternoon of November 15th | |
14:00-14:40 |
● Development Cycle of China’s Polyester Industry and Market Evolution Trends
Ni Guomiao, lead analyst and head of polyester products team at Huarui Information, has engaged in the research of polyester and polyester filament yarn market since 2010. He is familiar with polyester and PFY market change and pricing mechanism. His insights and opinion are widely cited by well-known media. He has established sound contact and communication with polyester producers and downstream fabric manufactures within China, obtaining primary data about the enterprises by massive site-visiting and possessing rich report and research experience of the industry. Mr. Ni has been invited to deliver speeches at many industry conferences and provides consulting and research services for global well-known companies. He independently writes and compiles reports like “Differentiated Polyester Market Operation Report” and “Downstream Segment Market Report”, and participates in consulting projects such as “China Polyester Industry Operation Survey”, “Polyester Industry Investment Analysis” and “Research on Polyester DTY industry in Chinese Mainland” etc. |
14:40-15:00 | ● Tea Break |
PX/PTA Sub-Forum - Afternoon of November 15th | |
15:00-15:30 |
● Intensified Integration Upgrades: New Impacts and Challenges for the PTA Industry Chain
Shen Yinjiao, lead analyst of Huarui Information is currently responsible for PTA market research and consulting. She has been engaged in polyurethane and methanol industry chain research before joining the polyester team. She has been deeply involved in the polyester industry chain since 2014, and has maintained close contact with PTA suppliers, polyester factories, trading companies and other groups, and has been invited to deliver keynote speeches in many industry conferences. In addition, she participated in a number of corporate project research work, including industry operation reports and special market research. The research projects includes: "PET Industry Chain Weekly Forecast Report", "PTA Inventory Survey", "PTA Supply and Demand Structure and Forecast". |
15:30-17:00 |
● Roundtable Discussion (Major PX/PTA Suppliers, Buyers, and Traders)
● Impact of Global and Domestic Economies on the Industry ● Perspectives on the Future Interaction between Oil Products and Chemicals ● Trading Strategies of PX/PTA Companies and Traders under New Supply-Demand Dynamics ● Managing Investments and Development amid Heightened Trade Conflicts at Home and Abroad ● Development and Potential of PX RMB Transactions and Pricing Models ● Interpretation of the PTA Pricing Model for 2025 |
Items |
Form |
Fee (USD) |
Remarks |
---|---|---|---|
Gold Sponsor |
★ The “Gold Sponsor” naming rights |
4600 |
Limited |
Sponsors video display |
★ 5-minute video display before the conference |
1150 |
Only 3 companies |
Information desk A (see photo) |
★Background printing for the information desk (width: 3m; height:
2.4m) |
2750 |
Limited |
Information desk B (see photo) |
★One table, two chairs |
2150 |
Limited |
Advertising board sponsorship |
★Reception backdrop |
2150 |
Exclusive |
★Conference desk backdrop (width: 3m; height: 2.4m) |
1450 |
Exclusive |
|
★Advertising board C (width: 3m; height: 2.4m) |
1900 |
Limited |
|
Conference presentations |
★ Cover | Full | Designed by yourself: |
★ Inside front cover |
1300 |
||
★ Inside back cover |
1000 |
||
★ Back cover |
1150 |
||
★ Other inside pages |
860 |
||
★ Page footer (within 25 Chinese characters like company name, telephone number and advertisement) |
1150 |
|
|
Mineral water/mineral water sponsor |
★ One tag on the bottle of mineral water (Designed by yourself) |
2150 |
Exclusive |
Badges & lanyard sponsor |
★Company name, logo, telephone number and advertisement (within
25 Chinese characters) |
2150 |
Exclusive |
Attendee directory (page footer) |
★ Company name, telephone number or advertisement |
750 |
Exclusive |
Materials or gifts sponsor |
★Supply company branded material in conference bag |
750 |
Limited |
X-banner sponsor |
★One pair of X display stand |
750 |
Limited |
WeChat advertising |
★Advertorial for twice during conference promotion (not headline) |
750 |
Limited |