5th PET Asia Outlook,

18-19 Nov, 2015 - Bangkok, THAILAND

Pullman Bangkok King Power

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"Continuing challenge of PET excess capacity & strategies for Asia"

 

"New PET resin solutions and innovations in barrier technologies" 

 

"Sustaining the rPET business in Asia"

 

"Asia recycled PET at record low; China importers shun market"

                                                 6 Aug 2015, ICIS News

 

Global margins are stressed as oversupply dominates Asia and world markets. China is a key market for R-PET and PET in Asia. With its slowing domestic economy, weak feedstock prices and demand waning as peak summer season ends, can PET prices be expected to hold up ? 

 

RPET prices are reported to have fallen to record low, down 40% since 2012. Can rPET business sustain in Asia  ? Asia is still lacking behind Europe in encouraging usage of R-PET How about high-quality R-PET – is there a niche market for it or does price determine the market. Traders with customers previously using high quality RPET are seeing the market switch to virgin PET.

 

"Thailand’s Indorama to acquire PET maker"

                                          3 Mar 2015, Dealstreetasia

 

Meanwhile, Indorama continues to expand aggressively and increase its market share with recent announcement on its acquisition of Bangkok Polyester.

 

IVL’s PET segment represents 50 per cent of the company’s overall production and this segment saw production increase from 2.9 million tonnes in 2013 to 3.1 million tonnes in 2014, a growth of 7 per cent year on year. 

 

This year marks the company’s 25th anniversary and CMT’s PET Asia series has been aptly placed in Bangkok this year with an exciting site visit to the Indorama rPET facility in NakhonPathum.

Key highlights for the conference

  • Global PET & Polyester market from Reliance perspective

Despite current oversupply conditions, Reliance successfully commissioned one of the largest state-of-the-art PET plants in Dahej, Gujarat consolidating Reliance’s position as a leading PET resin producer with a global capacity of 1.15 MMTPA. 

 

Hear from Rakesh Gaur, Head of Reliance’s Polyester business on taking the company forward in current challenging times

  • Fate of the PET Market with continuing challenge for rPET producers and China’s Slowing Economy 

PCI will give a comprehensive analysis on the future of the rPET and VPET market dynamics

  • Is UHT milk in PET bottle coming to Asia ?

Hear from Envictus , formerly known as Etika International Holdings Limited,  an established Food and Beverage Group -  on it first State-of-the-Art Aseptic Filling UHT Milk in PET bottle 

 

  • Differentiated PET Resin solutions for packaging from Indorama
  • Toyo Seikan’s OEM filling business in Thailand and their latest caps and closures venture in Indonesia 
  • Innovations in Preforms & Closures manufacturing and  New Husky Barrier solution
  • PET packaging for the growing Tea & CSD product in South East Asia and Introduction of Suntory Garuda’s Production line in Indonesia
  • Usage of RPET in Polyester / PET Strapping Markets & Growth Outlook

And many more

 

Take advantage of our early bird and group discount. Limited seats for the optional site visit to Indorama’s rPET facility. Register now with hafizah@cmtsp.com.sg

.

 

open to conference attendees only

 

Post Conference Optional Site visit to the

Indorama PET recycling plant in Nakhon Pathom

19 Nov 2015 (1330 - 1800 hrs.)

 

 

CMT PET Conference series offer up to date business information on regional PET Resin & Packaging markets in Asia (PET Asia Outlook), Europe (GEPET), Middle East & Africa (MEAPET & MENAPET), Latin America (LAPET), South/Central Americas, Andean & Caribbean (SAPET & SCAPET), North America (NAPET), Japan (JPET) and now recently Iran (IRANPET).

 

Our program incorporates latest market and technological developments in the entire PET Value Chain, from PET Resin and Raw Materials (PX/PTA/MEG), to PET Preform and Packaging Productions, to Recycling.

 

 

Past Events

 

Past CMT PET Events

 

Read more about all our past PET events at

http://www.cmtpetconferences.com/

 

Testimonials for PET Outlook Asia 2014

 

"Great to know the market of PET for future business" Krones

 

"It has been a good conference in order to get in touch with other people working in the same business" KHS

 

"It is very informative. Most of the speakers are very generous in sharing their knowledge & experiences" PT Djojonegoro C-1000

 

"PET is the future for beverages" Sermsuk

 

"Good experience to study about packaging in Asia" Toyo Seikan

 

"This event was not only providing a good insight on PET market trends and new solutions for PET applications, it was also a great opportunity to network & exchange" Husky

 

 

Industry News   Be a Sponsor or Exhibitor!

Indorama Ventures subsidiary acquires Bangkok Polyester

 

PTI-Hematek partnership expands PET bottle testing access for South Asian customers

 

Watsons Water to use 100 percent rPET

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

Industry News

 

Reliance Polymers – a subsidiary of Reliance Industries Ltd, has launched a green fibre that is manufactured from post-consumer PET bottles.

 

Named Recron GreenGold fibres, it is said to be one of the greenest fibres in the world. The fibre emits less Co2 and reduces dependence on fossil fuels and natural resources as it is produced from used PET bottles that otherwise end up in landfill, oceans or are incinerated.

 

Reliance has claimed that the fibre’s performance is equivalent to that of virgin polyester fibre.

 

The GreenGold fibres uses a dry colouring process instead of a wet one. The process avoids an extra dyeing process by adding colours with the raw material itself.

 

This makes it suitable for both apparel and technical textile players to offer certified green end-products.

 

More on Reliance’s PET & Polyester market initiatives will be shared by Rakesh Gaur, Sector Head – Polyester with Reliance Industries Ltd at 5th PET Asia Outlook on 18-19 November, 2015, in Bangkok.

 

For more information email Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218.

 

Read more>>>

03 Nov, 2015

 

Thai Beverage (ThaiBev), best known for its Chang Beer and Mekhong whisky, will buy Est cola brand from Serm Suk, the Thailand-based soft drinks maker.

 

The acquisition will take place via ThaiBev’s subsidiary International Beverage Holdings and will cost THB1.56bn (US$48m).

 

ThaiBev already owns majority stakes in Thai bottler Serm Suk that it bought from PepsiCo for US$513 million (S$686 million).

 

Launched two years ago, Est cola already has a 12% share of Thailand's CSD market.

 

ThaiBev is eyeing more mergers and acquisitions, especially with a strong focus on beverages related M&As. The company is looking for brands with strong distribution networks. ThaiBev has announced last year a six-year roadmap aimed at increasing revenue contribution from non-alcoholic beverages to over 50% by 2020.

 

ThaiBev already owns a number of beverages brands including Serm Suk, Thai Beverage, Fraser and Neave (F&N), F&N Holdings Berhad and F&N Dairies Thailand. In 2013, the company took over F&N while in 2008, it bought Oishi Group, Thai green tea and sushi maker, for US$214 million.

 

It’s estimated that together ThaiBev and F&N control about 14% of the beverages market share in South-east Asia by value, and 9% by volume.

 

ThaiBev’s revenue from non-alcoholic beverages was about 8.7 per cent of sales in the first quarter of 2015 while revenue from outside Thailand in the ThaiBev was approximately 4% of ThaiBev's total turnover.

 

ThaiBev launched F&N's 100Plus brand in Thailand this February to target the country’s carbonated drinks market, which is otherwise dominated by ThaiNamthip, bottler of Coca-Cola, and Serm Suk.

 

More on CSDs, RTDs, bottled water will be discussed at 5th PET Asia Outlook at 18-19 November, 2015, in Bangkok, Thailand.

 

Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more details.

 

Read more:

Thai Bev still eyeing mergers, acquisitions

Thailand's Serm Suk to sell Est cola brand for US$48m

03 Sep, 2015

 

Indorama Ventures, the largest PET producer globally and also the largest polyester fibre producer in Thailand, has announced that its subsidiary Indorama Petrochem Ltd has acquired a 94.91 percent equity stake in Bangkok Polyester Public Company Limited (BPC).

 

Indorama Petrochem has signed a definitive share purchase agreement in this regard. The transaction is expected to be completed in the second quarter of 2015 after the customary approval is secured.

 

BPC has an annual capacity of 105,000 tons and is located in Rayong, Thailand.

 

Setup in 1994, BPC manufactures and markets premium grade PET resins used in packaging for food, drinks, cosmetics and medicine industry.

 

A site visit to Indorama PET recycling plant in Nakhon Pathom is organised as part of the 5th PET Asia Outlook scheduled on 18-19 November, 2015, in Bangkok.

 

For more information email Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218.

 

Read more>>>

03 Jul, 2015