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7th LAPET offers insights & innovations for the Latin American PET sector! Key Players Share Strategies on remaining competitive for challenging 2009-2010.

Posted on : 17 Jul, 2009

 

Into its 7th year, LAPET is Latin America’s biggest and most influential PET event! Covering the entire value chain from Feedstocks and Resin markets, to Preform and Container productions to Recycling, the 7th LAPET conference in Mexico City on 9-10 November 2009, offers attendees an overview of the dynamics and trends shaping the PET sector in Latin America and around the world.

 

The global economic downturn has made its impression on the Global PET industry, with producers feeling the pressure from both upstream and downstream. Volatile feedstock prices and the global recession and uncertainty have weakened demand.

 

Additionally, the new capacity built up during the favourable market conditions enjoyed through 2005 and 2006 came on stream in 2008 to coincide with the demand downturn. The industry also had to contend with competition from the Recycled PET sector, whose production has doubled over the past four years to 6 million tonnes in 2008.

 

According to ICIS’ “Half Empty Half Full- PET Presents a Mixed Outlook” report, Latin America’s PET markets show continued growth potential but all of the abovementioned factors present challenges. Although Latin America is rich in resources, the region still needs more investment to get these raw materials to the PET markets.

 

Latin America also needs to remain competitive while managing variable costs especially in feedstocks and labour, and will face the threat of oversupply if buyers flock to cheaper imports from Asia or the US.

 

These are some of the pressing issues that the industry’s most influential executives and technologists will share insights on at the upcoming 7th LAPET conference, which convenes in Mexico City on 9-10 November 2009.

 

Other key discussion topics include:

 

- Trends & Challenges in the Latin America Preform market

- Brand Owners' Requirements and Expectations

- New Production Technologies - Energy Saving, Light Weighting, Short Neck Finish and many more

- Developments in Recycling Technology and Utilization of PCR materials

 

… plus many more.

 

If you are keen on confirming your participation as delegates, media partners, exhibitors and / or sponsors at the 7th LAPET summit, you can submit your registrations, enquiries and proposals >>HERE<< or contact Ms. Jaime at +65 6346 9145 or email at jaime@cmtsp.com.sg.