[AIChE] Free Luncheon Feb. 6, 11:30 a.m.-2 p.m.

[Ethan Kirschner]

Hey everyone,

On February 6th (Thursday), ACS will be hosting a free luncheon at the Yale
Club in the city. If you are interested in attending, please let me know no
later then Wednesday, January 29th at 10 p.m. (after the GBM). The topic is
as follows:

*Abstract *
*• What are the trends between developed and developing economies, *
*and what does that mean for the petrochemical industry? *
*• What is the outlook for oil prices in 2014? *
*• What will be the disruptive factors to watch in petrochemicals? *
*• What are the investment scenarios in North America, China, and the *
*  Middle East and the ability to execute in the next five years? *


*Petrochemicals represent the basic building blocks from which most durable
**and non-durable consumer goods are produced. Whether starting from
crude **oil,
natural gas, coal or biomass, these energy sources provide feedstocks
to **petrochemical
facilities that produce millions of tons of higher-value **petrochemicals,
of which benzene, chlorine, methanol, propylene and **ethylene are the five
largest markets. Ethylene, the largest petrochemical **market is forecast
to reach 200 million metric tons of production capacity by **the year 2020.
Billions of dollars in new capital investment are needed in **order for the
petrochemical industry to meet future demand growth, which is **fueled by
basic economic expansion on a global basis. Shifting regional trade **patterns
continue to emerge providing opportunities for logistics companies **and
challenges in high-cost local markets. This presentation will provide the **IHS
Chemical view of market dynamics that will continue to impact global
**petrochemical
market trends in 2014 and beyond. *

Regards,
Ethan
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