Strong Future Ahead for PET

The worst may well be over for the PET industry, as demand is expected to pick up at an average of 4.3% annually from 2009 -2013. Middle East has repositioned itself as an exporter of resins to survive the storm and Africa is the next frontier to explore. Increasing capacity investments in the Middle East and strong demand in Africa bridges the two regions as mutual trade partners with an abundance of business prospects for the PET industry.

"Largest regional growth is forecast for the Middle East (9.3%), Africa & Oceania (13.8%), China (4.9%), Central & Eastern Europe (4.3%) and India (4.1%)." CEH Marketing Research, Nov 09

Why Africa?
Once considered a fad, bottled water has become an essential way of life in Sub-Sahara Africa. Countries like Kenya, Tanzania & Uganda are looking at steady growth in PET consumption as people are better informed of water borne diseases and choose a healthier lifestyle by consuming bottled water. Legislations are also underway in countries like Nigeria to enforce food packaging from plastics to PET, showing prospects of a quantum jump in PET demand in the near future. A sizeable glass replacement market including conversion of beer from glass to PET also paves Africa as a continent with many untapped opportunities. In the north, countries like Algeria & Morocco are quickly becoming the gateway to Europe as converters and packaging companies' sets up operations to cater to the export markets in the West.

CMT's 11th MEAPET merges Middle East & Africa into one platform!

- Global supply/demand trends & landscape - A year after the crisis
- African markets outlook - East, West, North & South Africa
- Emergence of Middle East as strategic supplier to North Africa
- Polyester film applications & growth for flexible packaging in the Middle East
- Iran's PET market outlook and market determinants of PX/PTA prices
- EU anti-dumping action against import of PET & implications on the Middle East & South Asia producers
- Brand Owner's Session - Emerging trends & packaging innovations in PET
- Technology showcase - From lightweight to barrier to energy efficiency
- Supply chain management & reducing lead time of shipping PET into Africa

You will network with
- Feedstock suppliers (PX/PTA/MEG) - PET resin producers and traders - Polyester manufacturers - Polymer/Petrochemical traders - Converters & preform manufacturers - Caps & closures manufacturers - Machineries & technology providers - Recycling companies - Bottlers/fillers - Brand owners - Packaging companies

So mark your calendar today and register with your team at www.cmtevents.com or contact sasha@cmtsp.com.sg for more information.