04-05 Jun, 2013 - Milan, ITALY
Novotel Milano Nord Cà Granda
Novotel Milano Nord Cà Granda
| European PET market in the wake of oversupply global capacities and continued upward pressure from raw materials | ||
Tough challenges are ahead for the European PET industry.
Weaker European demand in the last few months, Competitive PET prices from Asia, increasing Raw Materials Cost puts pressure on the industry.
PET prices are expected to decline further in the next few months due to weak demand and What is the reaction of European converters ? Are they buying imports despite large falls in Asian prices over recent weeks ?
Global oversupply will put further pressure on the markets and impact European trade. New markets from PET beer kegs to PET foam, PET trays, sheets shows promising applications. Earlier this year, EuPR said that the recycling industry across the region is threatened by "persistent structural market failures."
As well as the problem of stagnating bottle collections, recyclers are dealing with intensive lightweighting and complex bottle designs, which push up the cost of recycling which cannot be corrected by further economies of scale.
Europe's PET recyclers are calling for the need for the value chain to work better, increased in collection rates and fairer competition.
Meanwhile Coca Cola is continuing its push for biobased PET and recently partnered with JBF Industries to build largest biobased EG plant in Sao Paulo using sugarcane and waste as feedstock. What is the recyclability of biobased PET ? | CMT's 14th Greater Europe PET delivers exceptional speakers and up-to-date information on the current issues facing the PET industry in the region
Plus many more
Sign up now. Contact Hafizah at hafizah@cmtsp.com.sg or register online at www.cmtevents.com
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| INDUSTRY NEWS | Who you will meet | Be a Sponsor or Exhibitor | ||
Hungary gears up for PET bottle breakthrough
Bioplastics to grow to 7% of total plastics market by 2020
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| This event is an excellent platform to promote your organization to influential players and investors in the industry.
Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor. Exhibition / catalogue display can be arranged upon request.
Contact cynthia@cmtsp.com.sg | ||
Profile of past attendees in Strasbourg on 30 May-1 Jun 2012
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2012 Event Testimonials
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Sustainability continues to lead the global PET packaging industry, with green consumer trend influencing upstream feedstock and downstream end-user designs and technology. PET leaders and brand owners worldwide strive to stay relevant with material usage and recycling plans that boost their brands as environmentally-friendly with reduced carbon footprints.
Renowned brand owner Coca Cola continues to work on its legacy following the London 2012 Olympics Games that saw a 25-75 rPET material combination that remains a great feat in UK’s bottle-grade rPET history.
Meanwhile, international player Starlinger is actively delivering PET recycling lines to new market such as Uzbekistan, while ECO Plastics deliver more B2B recycling developments and recycling achievements through its JV with Coca Cola, Continuum.
These three established leaders will attend the annual GEPET event to review the regional market and its outlook against the region’s movements and global landscape. Representatives of the PET leaders include a senior representative from Starlinger, Mr. Jonathan Short, MD of ECO Plastics and Dr. Klaus Peter Stadler. More details on their sessions and papers are available on the 14th GEPET event page.
For Registration or enquiries, please contact Ms. Hafizah at hafizah@cmtsp.com.sg or Tel +65 6346 9218.
Read more: 5 top global packaging trends
10 May, 2013
Continuum Recycling, a joint venture between Lincolnshire-based plastics recycler Eco Plastics and world-renowned brand Coca-Cola Enterprises (CCE), processes more than half of UK’s bottle-grade rPET plastic and has recently achieved a milestone after just nine months of operations.
According to its company report, it has sorted 250 million post-consumer plastic bottles since it started operations last year, translating to an achievement of 25% rPET used in all of its bottles by the end of 2012. This is no small feat for Continuum and both Eco Plastics and CCE. Nick Brown, Associate Director at CCE, highlighted that Continuum’s “state-of-art facility is a first for the industry” and a game-changer for the country’s recycling landscape. The recent milestone is also a testament to the effectiveness of recycling and its potential in reprocessing.
Continuum’s achievement follows Coca-Cola’s legacy in the London 2012 Olympics Games, where the venture played a key role in its recycling campaign.
Top executives from EcoPlastics and the Coca-Cola Company, Mr. Jonathan Short and Dr. Klaus Peter Stadler, will be speaking at the 14th GEPET summit in Milan on June 4-5, 2013, going into vital developments in UK’s recycling scene and the major brand’s plans in attaining greater sustainability in PET bottles.
Program Agenda of the 14th GEPET summit is available here.
For Registration or enquiries, please contact Ms. Hafizah at hafizah@cmtsp.com.sg or Tel +65 6346 9218.
18 Apr, 2013
ECO Plastics has successfully secured another £6 million funding from Lincolnshire business, Ludgate Environmental Fund and Robeco SAM Private Equity for its expansion plans – a response towards the region’s possible rapid growth.
This is not the first time ECO Plastics received such support from investors. Back in 2011, ECO Plastics secured a £24 million investment package that was used to finance its joint venture with Coca-Cola. This project led to more than a double in UK’s rPET production.
Currently, ECO Plastics’ Hemswell site has the capacity to process 150,000 tonnes of mixed plastics per year, of which an estimated 40,000 tonnes are bottle-grade rPET pellet. The new capital will hence serve to enhance the existing state-of-the-art facilities and as investment fund towards potential expansion opportunities.
More details on expansions, new projects, rPET and innovations in the Greater Europe region will be discussed at the 14th GEPET Summit in Milan, 4-5 June, 2013.
For enquiries or information, please contact Ms. Hafizah at hafizah@cmtsp.com.sg or Tel +65 6346 9218.
Read more: ECO’s rapid growth plan
27 Mar, 2013
