The 10th Conference and Exhibition – China Sourcing Summit On Petroleum & Chemical Equipment (CSSOPE 2020).
It finally happened face to face with 500+ participants. CSSOPE 2020, jointly organized by TOPCO and Alibaba Group, was conducted # in Hangzhou China on 17-18 December 2020.
Deepak Shinde from India, was felicitated with Outstanding Contribution Award. This year’s theme was Oil & Gas 4.0: Digital Procurement and Supply Chain Management in the Post-epidemicEra.
Presented to the august gathering, which in addition to large physical presence also had over large numbers of virtual attendees across the globe.
In 2020, COVID-19 threatened the world in every sector of their economies and may also increase the challenges to supply chain. At present, the China’s domestic market has basically recovered, but the overseas bulk goods market shows a trend of demand-side recovery and supply-side shortage. This is a good export opportunity for petrochemical equipment enterprises, and also the best opportunity for enterprises to make great achievements in the procurement supply chain. By the end of the Chinese 13th five-year plan, the localization rate of major equipment in China’s petrochemical industry has increased, and the procurement cost has effectively reduced, the manufacturing cycle has been shortened. In 2020, the digital procurement has quick growth in the large and medium-sized market, the third-party independent digital and the e-commerce procurement platform are more and more popular. More enterprises will focus on digitization and intelligence to optimize the supply chain.
The Conference and Exhibition – China Sourcing Summit On Petroleum & Chemical Equipment (CSSOPE) is an essential event to meet excellent suppliers for sourcing executives, procurement managers, buyers, traders, EPC contractors from international companies such as Shell, BP, Aramco, Statoil, Total, BASF, ONGC, Dow, Rio, CNPC, Sinopec, CNOOC, ADNOC, Fluor, Aker, Saipem, Petrofac, Worley Parsons, TechnipFMC, Halliburton, Ennpi, Toyo, Wison, Etc. CSSOPE plays an important role in promoting Chinese enterprises to enter the global transnational purchasing system and expand the market share of Chinese products in the transnational purchasing network. CSSOPE adheres to the boutique exhibition mode and invites high-quality suppliers to improve purchase efficiency and reduce sourcing cost.