In many industries, Asia is one of the world’s largest and most exciting growth markets, and the downstream sector is no exception.
China currently represents a significant portion of global capacity additions, mega projects in Malaysia, Vietnam and Indonesia are in various stages of completion or planning, and nations like Myanmar, Cambodia and Laos are preparing to take their first steps into the downstream space.
Meanwhile, Asia's influence in the downstream sector is also beginning to be felt far beyond its shores. As growth slows in other parts of the world due to economic conditions and ever stricter regulations, overseas stakeholders are turning to Asia as an exciting growth market for investment. The Middle East in particular is ever more present, thanks to its relative proximity and strong shipping links, and global downstream leaders such as Saudi Aramco, Abu Dhabi's ADNOC and Kuwait Petroleum Corporation are now making their mark, for example through Saudi Aramco and ADNOC’s combined 50% stake in the Ratnagiri integrated refinery and petrochemicals complex in India.
The Asian Refining Technology Conference (ARTC) is celebrating its 22nd anniversary in Bangkok in March 2019, and is used by the refining and petrochemical industries across Asia as a key annual opportunity to exchange ideas, hear the latest industry updates and network with colleagues from the entire region.
Stakeholders we work with in Asia include:
• PTT Group
• SK Energy
• Cosmo Oil
• Reliance Industries
• Indian Oil
• And many more!