The 11th International Conference: IndianPetrochem: 2009 held on 16th-17th November 2009in Mumbai; organized by Chemicals & Petrochemicals ManufacturersAssociation.


Global Restructuring-Opportunities and Challenges was presented by Mr. John KingVice President & Director, Nexant Asia, Thailand. The author shared that the industry has experienced huge change as theAsian and Middle Eastern producers increasingly dominate. There is a significantvolatility in crude oil price, the shift is market driven from West to East andthere is an increase in Chinas share of petrochemical consumption from 3% tonearly 20% since 1990. He clearly mentioned that profitability will reach thetrough in 2011 and climb to a new peak in 2015.


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About the Author


Nexant is an industry specialized management consultancyfocused on the gas, oil, chemicals and power industries. Nexant operatesglobally with offices in 17 different locations.


As a Vice President of Nexant (Thailand) Limited, John isresponsible for running its management consulting business in Asia withparticular focus on strategy development within the refining and petrochemicalindustries.



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