PX, PTA market in Asia is expected to see a surge in new supply, as new capacities, mostly situated in China are due to come on stream eventually reducing China’s reliance on PX imports.

However, given the uncertainties in the global macroeconomic outlook and US-China trade frictions, can China’s downstream demand absorb this additional supplies?

US unfavorable taxes on downstream products of polyester products , apparels and shoes will also weigh on buying sentiment.

With impending weak sales performance in the polyester sector this could delay start up of these new capacities.

Can Asian PET exports growth further in regionally over supplied markets?

According to market reports, Asia-Pacific region dominated the global rPET market in 2018, which accounted for more than 50% of the market share.

This trend is expected to continue as brandowners pledge the increase in usage of recycled materials in their products.

Last year, Indonesia’s leading bottles water brand Aqua under Danone revealed its first 100% rPET bottle.

Danone, is committed to ensure all its packaging will become 100% reusable, recyclable and compostable products by 2025 and, to accelerate this transition, it is taking the lead as a recycler in Indonesia  by  engaging directly with consumers to increase recycling rates, support pioneering technologies & social business programs to clean plastic waste from the environment, to make its entire package 100%.

• Can current recycling technologies & waste collection systems in Asia meet circular economy objectives ?
• What is being done to improve PET recyclability and quality across all value chains ?
• With leading fashion brands announcing their commitments to use only recycled polyester from waste bottles,is there simply enough rPET material for these markets ?
• What are the recent breakthroughs in PET/Polyester chemical recycling technologies that can boost supply ?

• Initiatives on improving recovery rates - Upgrading of waste collection infrastructures, separation & dedicated deposit systems
• Regulations updates from Indonesia, Australia, Taiwan, Philippines, Japan
• PET and rPET growth outlook in Asia
• Status of PET recycling in Indonesia
• Expanding PET recycling capacities in Japan
  The level of PET bottle recycling in Japan is among the highest in the world – around 85%. With the pledge by brandowners to increase recycled materials in their packaging, PET recyclers have to play catch up to meet the increasing demand
• Bracing for China’s massive PX capacities – Can Asia’s downstream PTA – Polyester fiber markets absorb the new supply ?
• Developments in Thailand’s packaging regulations in preparation for use of rPET for food contact
  Thailand’s government recently set a target to recycle all plastic in the country by 2030. Plastics recyclers and suppliers are waiting for a change to a regulation to allow r-PET to be used in packaging for food and drinks.
• Infinite chemical recycling technologies of PET
• Optimising rPET content for brandowners
• H&M Indonesia - Accelerating towards a sustainable fashion industry
• Polyester chemical recycling technology from Japan
• Upcycling garment waste and used PET bottles to close the loop for textile production
  
  and many more…!