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"Continuing challenge of PET excess capacity & strategies for Asia"
"New PET resin solutions and innovations in barrier technologies"
"Sustaining the rPET business in Asia"
"Asia recycled PET at record low; China importers shun market"
6 Aug 2015, ICIS News
Global margins are stressed as oversupply dominates Asia and world markets. China is a key market for R-PET and PET in Asia. With its slowing domestic economy, weak feedstock prices and demand waning as peak summer season ends, can PET prices be expected to hold up ?
RPET prices are reported to have fallen to record low, down 40% since 2012. Can rPET business sustain in Asia ? Asia is still lacking behind Europe in encouraging usage of R-PET How about high-quality R-PET – is there a niche market for it or does price determine the market. Traders with customers previously using high quality RPET are seeing the market switch to virgin PET.
"Thailand’s Indorama to acquire PET maker"
3 Mar 2015, Dealstreetasia
Meanwhile, Indorama continues to expand aggressively and increase its market share with recent announcement on its acquisition of Bangkok Polyester.
IVL’s PET segment represents 50 per cent of the company’s overall production and this segment saw production increase from 2.9 million tonnes in 2013 to 3.1 million tonnes in 2014, a growth of 7 per cent year on year.
This year marks the company’s 25th anniversary and CMT’s PET Asia series has been aptly placed in Bangkok this year with an exciting site visit to the Indorama rPET facility in NakhonPathum. |
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Key highlights for the conference |
- Global PET & Polyester market from Reliance perspective
Despite current oversupply conditions, Reliance successfully commissioned one of the largest state-of-the-art PET plants in Dahej, Gujarat consolidating Reliance’s position as a leading PET resin producer with a global capacity of 1.15 MMTPA.
Hear from Rakesh Gaur, Head of Reliance’s Polyester business on taking the company forward in current challenging times
- Fate of the PET Market with continuing challenge for rPET producers and China’s Slowing Economy
PCI will give a comprehensive analysis on the future of the rPET and VPET market dynamics
- Is UHT milk in PET bottle coming to Asia ?
Hear from Envictus , formerly known as Etika International Holdings Limited, an established Food and Beverage Group - on it first State-of-the-Art Aseptic Filling UHT Milk in PET bottle
- Differentiated PET Resin solutions for packaging from Indorama
- Toyo Seikan’s OEM filling business in Thailand and their latest caps and closures venture in Indonesia
- Innovations in Preforms & Closures manufacturing and New Husky Barrier solution
- PET packaging for the growing Tea & CSD product in South East Asia and Introduction of Suntory Garuda’s Production line in Indonesia
- Usage of RPET in Polyester / PET Strapping Markets & Growth Outlook
And many more
Take advantage of our early bird and group discount. Limited seats for the optional site visit to Indorama’s rPET facility. Register now with hafizah@cmtsp.com.sg
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Post Conference Optional Site visit to the
Indorama PET recycling plant in Nakhon Pathom
19 Nov 2015 (1330 - 1800 hrs.)
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CMT PET Conference series offer up to date business information on regional PET Resin & Packaging markets in Asia (PET Asia Outlook), Europe (GEPET), Middle East & Africa (MEAPET & MENAPET), Latin America (LAPET), South/Central Americas, Andean & Caribbean (SAPET & SCAPET), North America (NAPET), Japan (JPET) and now recently Iran (IRANPET).
Our program incorporates latest market and technological developments in the entire PET Value Chain, from PET Resin and Raw Materials (PX/PTA/MEG), to PET Preform and Packaging Productions, to Recycling.
Past Events
Read more about all our past PET events at
https://www.cmtpetconferences.com/ | |
