ME-TECH 2016 to highlight the role of technology in downstream sector

Me tech2015The sixth edition of the Middle East Technology Forum (ME-TECH) for Refining & Petrochemicals, led by Euro Petroleum Consultants, is expected to highlight how technology can support downstream players in the Middle East

The event, which takes place from 14-16 February at Madinat Jumeriah, Dubai, will discuss the situation affecting the petrochemical and refining sector in the region. The sector is worth more than US$200bn and is a 13 per cent share of the world’s petrochemical output and 11 per cent of the global capacity growth.

“As persistent low oil prices take their toll on both industry profits and spending projections, downstream operators are turning, in part, to technology and innovation to reduce costs and increase capital efficiency in the short-term,” said Colin Chapman, president of EPC.

Speaking on the event, Sylvain Hantzer, global licensing manager for lubes, ExxonMobil Catalysts & Licensing, said, “Attendees can expect to gain a better understanding of base stock fundamentals, significant trends in supply and demand, different routes for production and the latest technologies for producing high quality base stocks. Additionally, case studies based on real-world situations will be provided.”

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