Randy Velarde, founder and President of The Plaza Group, shared his expertise on the petrochemical market changes and challenges that will shape buying decisions for the next decade at the 2009 Chemical Purchasing Summit.
In his presentation, Velarde addressed steady and improving demand in the global petrochemical market, dramatic increase in capacity and the fact there are still some delays in product supplies. Attendees reported the presentation was very informative and valuable.
“Due to The Plaza Group’s unique position as both a buyer and seller in the petrochemical industry, we can use our extensive knowledge of petrochemical product markets to predict overarching trends in the marketplace,” said Velarde. “With our experience on both sides of the purchasing table, we can provide advice for buyers to help solve both short- and long-term challenges that arise in the chemical industry.”
Velarde is a 28-year veteran of the petrochemical industry. Prior to establishing The Plaza Group in 1994, he spent 15 years in management and market development at Shell Chemical and Texaco Chemical, and is globally recognized for his refinery and petrochemical products marketing expertise.