Novotel Krakow Bronowice
CRITICAL SHORTAGE OF R-PET SUPPLY, FEEDSTOCK CHALLENGES & OUTLOOK FOR THE REGION
Volatility in PET prices partly due to polyester supply /demand, continuing tight balance of feedstock drove PET trade to a standoff last December as buyers and sellers could not agree on workable prices.
High demand for polyester fibre especially in Asia, boosted by substitution for cotton has impacted supply for bottle-grade PET. Can PET traders expect improvement in the situation in next coming months as summer kicks in, in Europe ?
Is tight balance of PTA & MEG expected to remain throughout ? Can PTA capacity additions keep up with PET and polyester demand growth ?
CEE & Balkans PET conference will give you true insights into the marketdevelopments , the changing trends that will affect your business and the opportunity to meet and make deals with the right market.
Meanwhile, keep track of new developments in PET renewable feedstock as more companies look into replacing oil-based monoethylene glycol (MEG) with BioMEG using sugar-based ethanol as feedstock.
Brand owners, Coca Cola and Heinz have joined hands recently to increase usage of Bio-PET in their packaging . In line with sustainability, can the industry in time, achieve a PET packaging from 100% renewable material ?
Hear from Avantium who has developed a breakthrough technology claiming to be a green alternative to PET and can be produced cheaper than oil-based plastics. Such developments will transform how food will be packaged around the world and definitely impact PET packaging.
While feedstocks are not the only challenges faced, the increasing demand for Recycled PET (rPET) has left the European market in a scramble for more supplies . Food grade r PET surpassed virgin PET prices on tight supply for the first time.
Although post-consumer collection has improved, a lot of materials are still shipped to the Far East, with China being the biggest buyer. And as more companies invest in CSR and increased sustainability, the problem of low availability of rPET for the European market may be here to stay for a very long time.
Meet Key Top PET Market Leaders and Many More with Hours of Dedicated Networking Sessions!
Expected to attend are: PET resin producers/ suppliers, Feedstock suppliers (PX/PTA/ MEG), polyester manufacturers, traders, converters, perform producers, designers, technology providers including machinery suppliers from blowing, perform to injection molding, robotic systems etc, recycling companies, bottlers/ fillers, brand owners…
Photos of 11th CEEPET & Balkans Markets held on 7 & 8 June 2010 in Istanbul
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Conference Highlights
Don't delay further. Sign up with your team today to enjoy group discount - contact Hafizah at hafizah@cmtsp.com.sg for more information.
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Konferencja będzie poświęcona aktualnej sytuacji, wyzwaniom, tendencjom i prognozom dotyczącym rynku PET. Obszarem zainteresowania uczestników będzie Europa Środkowa i Wschodnia oraz państwa bałkańskie. Prelegenci będą dyskutować o niedoborach dostaw, trudnej kondycji w sektorze feedstocków i wpływie jaki obydwie te kwestie mogą wywrzeć na całym rynku PET.
W tej chwili rynek PET podlega wielu wahaniom. Problemy w Azji i w Europie związane z brakiem PTA - surowca do produkcji PET - spowodowała, że od kilku miesięcy ceny granulatu są na niezwykle wysokim poziomie. To wszystko sprawia, że na rynek tworzywa PET patrzy się z ogromnym zainteresowaniem, ale i obawą.
Jednocześnie cały czas rośnie popularność i wykorzystanie tzw. tworzywa R-PET, czyli PET pochodzącego z recyklingu. Surowiec ten znajduje wzięcie w rosnącej liczbie zastosowań.
Konferencja w Krakowie będzie więc okazją do analitycznego zapoznania się z obecnym położeniem, w jakim znalazł się rynek PET na świecie i naszej części kontynentu. |