PRC Europe 2019 announces additional sessions

Conferences

The Petrochemical and Refining Congress Europe 2019 will take place on May 20-21 in Budapest, Hungary, focusing on middle and senior-level directors, and also featuring a two-day business program, focus exhibition, and a Danube Refinery Visit, according to a press release sent to the Budapest Business Journal.

"Two months before the Congress, and the business program is almost full," says Regina Chislova, the project director. "Based on numerous requests from our clients, we have added sessions dedicated to catalysts and petrochemicals, which are deemed to represent the future of downstream."

According to the press release, delegates of previous congresses agree with this statement, also considering petrochemistry to be the future of downstream.

"I see downstream as a mature industry that has some major transformations ahead of it," says László Domonkos, business opportunity manager at Shell Global Solutions. "One of them is shifting from the current refinery-dominated position to a much more balanced [mix of] refining and petrochemicals. And the other part which will be another major transition is to decarbonize the industry to get to carbon-neutral or carbon-free feedstocks and carbon-neutral, carbon-free products."

"If you look at all the figures, you know everybody believes that the petrochemical industry will continue to grow," notes David Pullan, VP Group Downstream Technology & Development at MOL Group. "I think the only thing to be a little bit careful of, especially in Europe, is that recycling policy might impact that a little bit, and then maybe plastic will come in eventually. But for the foreseeable future, I think it’s a good business to be."

"Actually, analysts are saying that the refining industry is enjoying the Silver Age of refining and that is certainly true of the recent couple of years," says MiRO COE Ralf Schairer. "But looking ahead in the mid and long-term, policymakers, with the translation of climate protection and attempts to decarbonize the industry, are certainly going to put a challenge on our industry. I am convinced that we will continue to need liquid fuels just for the reason of higher energy density. Nevertheless, if that needs to be done on a CO2-neutral basis, this will require a very substantial amount of investment going into our business."

The organizers say that a wide range of topics will be covered at the Congress. On the first day, delegates will have the chance to attend sessions on digital transformation, refinery 4.0, operational excellence and asset optimization, and advanced technologies for residue processing.

On the second day, the discussed topics will involve matching IMO requirements, refinery maintenance and operational reliability, predictive tools, safety infrastructure and environmental impact of downstream processes, the flexible refinery as a refinery of the future, design technologies and challenges, and the profile of the downstream industry in a low-carbon future.

The Congress organizer, BGS Group, organizes a number of closed-door congresses in Europe, including the AUTOMA Congress, Midstream Oil and Gas Congress, Exploration and Production Offshore Congress Hub, and more. Additional information is available at this website.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.