The East Asia Petrochemical Industry Conference (EAPIC) was originally founded in 1979 by the petrochemical associations in East Asia – Japan Petrochemical Industry Association (JPCA), Korea Petrochemical Industry Association (KPIA) and Petrochemical Industry Association of Taiwan (PIAT). Over two decades, presidents, chairmen, board directors and senior managers of various leading Asian petrochemical companies had convened to discuss challenges confronting the industry. The responsibility to host the annual conference had been equally shared by each member of the founding association on a rotational basis.