Growth or Glut for the Middle East PET Sector? Will Demand in Africa Continue to Boost Regional PET Trade?
Resin capacity in the Middle East is expanding rapidly. With planned capacity by major producers - Sabic, Koksan, Polyplex and EIPET, the MidEast is burgeoning with surplus by start of 2014. Fortunately the MidEast & Africa markets are projected to grow by 9.4 % this year (source: PCI PET Packaging, Resins & Recycling Ltd.). Driven by growing middle class consumerism, new packaging trends and sustainability, what challenges lies ahead for the MidEast & Africa PET markets? Optimism and exciting times ahead for the emerging African markets! New capacity by Indorama is changing the resin supply/demand landscape in Sub-Sahara & West Africa. New bottling lines are planned and installed for Uganda and Kenya as local demand rises. With PET suffering from oversupply, will demand in Africa mitigate and balance PET trade globally? "Nairobi Bottlers has started manufacturing its own plastic bottles in a Sh1.2 billion investment that will lower its costs and prepare it for a price war against rival.." July 2013, Business Daily In its 15th consecutive year, CMT's MEAPET is the platform for engaging presentations from high calibre speakers, expert insights and unrivalled networking opportunities! This is a must attend annual event for those involved in the PET packaging industry in the Middle East & Africa. Highlights - Global excess PET capacity analysis and impact on Middle East & Africa
- DANONE's strategy in making more sustainable PET bottles
- Challenges for Sub-Sahara Africa: Optimizing markets & technologies
- PET recycling developments in Egypt
- Investment opportunities & packaging outlook for Iraq
- Review of the beverage industry - Iced tea, Still drinks, energy drinks, soymilk
- Parmalat's perspectives on packaging trends for dairy products
- India's newest PET capacity and how will it shift supply/demand?
- Overview of food contact legislations related to PET
Register your team today and enjoy group discounts!
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