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.
What does the future hold for the European RPET industry ?
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 - Looming Global OverCapacity and Impact on European PET Market Trade
- Coca-Cola's Journey Towards A Sustainable PET Bottle
- Russia PET Market Developments & Sibur's Project Update
- Commercialization of a Novel Biobased Polyester: PEF
- Production of rigid and semi-rigid barrier films in PET packaging
- UK PET recycling market update ,new developments & collection systems
- One-way PET kegs, a worldwide, high-tech revolution
- European PET projects at the Mercy of MEG supply crunch
- Development of PET packaging based on the light-weighting design & eco-sustainability
- New Developments in Value Added PET Co-Polymers-market potential and opportunities
Plus many more Sign up now. Contact Hafizah at hafizah@cmtsp.com.sg or register online at www.cmtevents.com You will network with:
- Feedstock suppliers (PX/PTA/MEG) - PET resin producers & suppliers - Polyester manufacturers - Polymer/Petrochemical traders - Converters & preform manufacturers - Technology providers - Recycling companies - Bottlers/fillers - Brand owners |
|
