Chemical Prices Webcast --
Tactics and Trends for the Year Ahead
Chemical prices are ascending rapidly as a direct result of rising energy and oil prices and increasing demand for chemicals. Despite these factors petrochemicals capacity from the Middle East and Asia will enter the market at such a scale that the petchem cycle will reach its peak by 2009.
Barring unforeseeable events that may severely influence demand, the industry's margin will be under pressure until demand moves operating rates back up again at the 90% level by 2012. The outlook for prices between now and the end of the year remains uncertain, however.
Speakers in this Webcast will identify systems for managing these rapid prices rises and the squeeze on chemical margins. Dow Chemical, among other chemical companies, in recent days has announced plans to raise chemical prices 20% to compensate for multiple and ongoing price hikes in energy, transport and commodities.
Dow's view of how best to manage pricing across the business now and for the mid-term
A perspective of the general conditions in petchem and feedstock markets pricing
Pricing strategies: options, limitations and ways out of the margin squeeze
IT tools that may be used to optimize pricing strategies
Pat D.Dawson, Group President for Polyurethanes, Member of the Business Operations Committee, Dow Chemical Company
Michael T. Devanney, Senior Consultant, World Petrochemicals Program, SRI Consulting
David Dunn, Chemical Industry Principal, SAP Americas