The 12th Annual GPCA Forum hosted three seminars over the three-day-course of the event focusing on important industry topics such as consolidation, free trade, petrochemicals outlook and the importance of collaboration. Held on Day 0, 27th November, the first seminar was led by GPCA knowledge partners – Wood Mackenzie, ICIS, The Boston Consulting Group and KPMG. During the sessions delegates were able to learn the latest information on energy and petrochemicals, the threat to free trade in the new world order, consolidation in the chemical industry and the implications of China’s ‘One Belt, One Road’ initiative for global and regional markets.
The second seminar led by Pilko & Associates took place on Day 1, 28th November, focusing on the importance of risk control. A stellar list of high-level experts from across the industry with wide experience in this field tackled why risk control is so critical throughout the business, and what companies can do to address the issue proactively. It also highlighted ‘dynamic risk control’ and offered case studies and practical pointers to aid risk control in an own organization.
A special ABB seminar taking place on Day 2, 29th November explored the answer to the question: “What is the future of project execution?” The presentations discussed collaborative operations for chemicals that combine intelligent engineering, applications, infrastructure and services and help achieve efficiency, minimize costs and curtail risk. A highlight of the seminar was a case study from the Digital Officer for BASF, Dr Frithjof Netzer, who will showcased how BASF is employing digital solutions in their company. ABB also covered two other important industry topics – Industrial Internet of Things (IIoT) and cyber security.