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Thomas Casparie, Vice President, Chemicals Americas for Shell Chemicals (left); Peter Huntsman, President and Chief Executive Officer of Huntsman Corporation; Vice President, Chemicals Americas for Shell Chemicals; Nick Clausi, Senior Vice President, Polymers for ExxonMobil Chemical Company and Mark E. Lashier, President and Chief Executive Officer of Chevron Phillips Chemical Company at World Petroleum Conference 2018 by IHS Markit
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Bi Chen, Executive Vice President for China National Offshore Oil Corporation (left); Nick Clausi, Senior Vice President, Polymers for ExxonMobil Chemical Company; Thomas Casparie, Vice President, Chemicals Americas for Shell Chemicals; Peter Huntsman, President and Chief Executive Officer of Huntsman Corporation and Mark E. Lashier, President and Chief Executive Officer of Chevron Phillips Chemical Company at World Petroleum Conference 2018 by IHS Markit
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Tom Salmon, Chief Executive Officer of Berry Global Group, Inc. (left); Bi Chen, Executive Vice President for China National Offshore Oil Corporation; Nick Clausi, Senior Vice President, Polymers for ExxonMobil Chemical Company; Thomas Casparie, Vice President, Chemicals Americas for Shell Chemicals; Peter Huntsman, President and Chief Executive Officer of Huntsman Corporation and Mark E. Lashier, President and Chief Executive Officer of Chevron Phillips Chemical Company at World Petroleum Conference 2018 by IHS Markit
According to Mark E. Lashier, President and Chief Executive Officer of Chevron Phillips Chemical Company, “the future of petrochemical industry could not be more bright.” But there’s always room for improvement.
“Lessons learned will drive efficiency in the next wave of investment,” Lashier said. Implementing a three-pronged approach, Lashier suggested at the World Petroleum Conference 2018 by IHS Markit, held recently in Houston, Texas, can improve productivity. Lashier recommended that owners and managers hire experienced craft and supervisory; manage not only the design phase but also the design basis; and utilize contractor planning tools to initiate early construction-based planning, also known as AWP (advanced work packaging).
Peter Huntsman, President and Chief Executive Officer of Huntsman Corporation; Thomas Casparie, Vice President, Chemicals Americas for Shell Chemicals; Nick Clausi, Senior Vice President, Polymers for ExxonMobil Chemical Company; Bi Chen, Executive Vice President for China National Offshore Oil Corporation and Tom Salmon, Chief Executive Officer of Berry Global Group, Inc. joined Lashier on the panel, titled “Strategies for Prospering in an Extended Upcycle.” Lyn Tattum, Vice President of Oil, Mid-Downstream and Chemical for IHS Markit moderated the session.
Please read this article in its entirety in the June/July issue of BIC Magazine.
