"New Capacities & Opportunities for Resin Trade in the MENA Region"

"Advances in PET Technology:
Striking a Balance between Cost, Sustainability & Design"

"The Indo-Egyptian JV, Egyptian-Indian Polyester Company (EIPET), for PET bottle resin plant started in January 2014 in the deep sea port on the Red Sea at Ain Sokhna has added combined capacity for 420,000 tonne per annum (TPA). This plant is the first of its kind in North Africa and one of the largest such units in the Middle East. The facility will meet Egypt's domestic demand, which is covered by imports, and will facilitate exports of PET."
Jun 2014, Modern Plastics & Polymers

As global PET markets are caught in a tsunami of surplus and weaker market balance, the Middle East & North Africa region is fast becoming a major player in the global PET packaging and polyester businesses. New investments and added capacity in Egypt, Tunisia, Turkey, Saudi Arabia and Oman has catapult the Middle East producers as strong competitors in the global PET markets. Growing domestic consumption for PET is also supplemented by exports to key markets like Africa & Europe, where MENA is strategically located to serve. But the region is not without challenges. Anti-dumping duties imposed by European countries are significant risk for capacities targeted for export. Volatile feedstock prices, sustainable preform design and cost-efficient technologies are also issues to reckon enveloping the PET converters, bottlers and brand owners.

16th MENAPET will be a one-stop platform for producers, users, traders and technologists to network and gain the latest analysis and developments sweeping the PET industry.