The demand for PET is highest in Asia, with China driving the majority of global demand. There is a huge consumption potential in largely populated countries such as India and China. The strong economic growth along with the large population enables the large consumption of Carbonated Soft Drinks (CSDs) and bottled water in the region. The rapidly changing lifestyle of people in the region supports the consumption of packaged food. China has also grown rapidly in the capacity and production of petrochemicals. China is the largest producer of PET in the region and exports to many countries.

Source: http://www.petcore.org/content/asia-largest-consumer-pet-followed-europe-16-8-2010

For more PET updates in Asia, attend PETresin Xchange 2010 which offers discussions on;

• Outlook for PET Post Recession
• Competitiveness of China’s PET Industry and Challenges as Global Supplier

Click here for the latest agenda.

Vietnam is the only country in SEA that has a higher beer consumption per capita than soft-drinks. However in 2009, the consumption of soft-drinks showed double-figure growth again. Multinational companies dominate the water marker. La Vie of Nestle is the best selling bottled water, followed by Aquafina (Pepsi) and Joy (Coke). The water market has the highest PET penetration, i.e. virtually 100% is bottled in PET. With this increase, Vietnam is expecting an annual consumption of 50,000t of PET Resins for 2010, with imports from Asia.

Figures Euromonitor, 2009

Source: PETplanet Insider, June 2010

For more information on Asia’ PET growth, join us at PETresin Xchange on 16 – 18 November 2010 in Shanghai as we discuss on Accessing the World's Largest Producer of Bottle Grade Resins. Program key highlights includes;

• Intermediates Balance in Asia - PX/PTA & MEG
• Anti-Dumping & International Trade Challenges
• PET & preform capacity and demand in key markets
• Emergence of Bio-based Raw Materials & Trends
• Bottles & Packaging Innovations & Sustainability

Click here for the latest agenda.

According to GBI Research, the largest market for PET is carbonated soft drinks (CSD) while the second biggest is bottled water, with both accounting for more than 65% of the global PET demand.

There is, however, one other market that has strong potential for growth (with regards to PET applications) but is widely untapped – the beer market.

At the PETresin Xchange in Shanghai happening from 16-18 November, 2010, the spotlight on the beer market will provided by Ms Fanny Liao, Managing Director of Sino-Belgium Beer (Suzhou) who is speaking on ‘PET integration in Asia – from Fossil-based to Bio-based in Raw Materials & from Fiber to Beer in Applications’.

Additionally, there will also be a site visit to an integrated beer preform/bottling plant in Suzhou, SBBZ, where the brewing technology comes from a 252-year brewer in Bocholt, Belgium.

The joint venture between Sino-Belgium Beer, Suzhou and Martens, Belgium produces preforms, coated PET beer bottles and beer. It’s the only integrated facility packaging beer in PET in China.

So don’t miss out on PETresin Xchange, the platform where buyers meet sellers!

If you are keen to register or explore sponsorship and media exchange opportunities, please enquire with Miss Hafizah at hafizah@cmtsp.com.sg.

In the mean time, watch this space for exciting updates on the conference agenda and fringe events.