With the recent volatility of the oil and gas industry, diversifying Canada’s energy sector is a necessity. The advent of shale gas development has led to a wave of natural gas liquid extraction that has benefitted petrochemical producers across the continent. The US Gulf Coast is developing several petrochemical expansion projects and location initiatives and co-location with derivative plants make this area attractive for investment. This region is likely the strongest competition for the Canadian petrochemical supply chain.
The key to success in this new business environment is understanding the global outlook and the demands of these new and emerging markets. It also requires positioning the Canadian petrochemical industry to be competitive on the world stage. Incenting investment with the right kind of programs and policies, is critical for successful growth and diversification in this country as well as ensuring the long-term viability of these new projects.
dmg::events, the global events business that manage over 80 events in 25 countries including ADIPEC and Global Petroleum Show, are producing, for the second consecutive year, PetroChem Canada. This conference will bring together “thought leaders and decision makers in the petrochemical sector so best practices can be shared and new leading edge technologies can be introduced,” states Katherine Walker from Industrial Web Apps.
“The goal is to build confidence in participants that with the right strategies, Canada can seize opportunities to remain competitive in this ever-changing petrochemical landscape.”
The conference will focus on understanding the global petrochemical industry outlook, how to maximize Canada’s role and will provide a big picture outlook before going in depth into specific national as well as regional opportunities and challenges. Discussions will centre around attracting global capital investment, current incentives to build, project updates, regulations, the need for government policies to support diversification in the market and the future state of the industry.
Debbie Pietrusik from NAIT states that “PetroChem Canada provides a platform to raise awareness of the opportunities and challenges within the petrochemical industry in Canada and the importance of industry, government, and public partnerships in support of this sector.”
“Attending events such as PetroChem Canada is important because it provides Individuals with the opportunity to better understand why petrochemicals are important in our daily lives and the contributions the industry makes to society and the overall economy. These events bring people together to share information and create innovative ideas to enhance our competitiveness in the global market,” states Pietrusik.
Attend Canada’s leading petrochemical event to learn how you can best promote investment and growth in the Canadian petrochemical industry, creating long term stable jobs and diversify Canada’s energy sector.
Space is limited. Be sure to book travel in advance to ensure the best rates and availability. Apply to register today!