11-12 Apr, 2018
Budapest, HUNGARY
Courtyard by Marriott Budapest City Center
Courtyard by Marriott Budapest City Center
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PET supply crunch in Europe continues but for how long ? |
There is a critical shortage of PET supply in Europe , as almost all European manufacturers now report sold out capacity ! Bottlers who have not stocked up are grappling for supplies everywhere as drinks’ season starts in March. While PET producers try to fill big orders, what will happen to small mid sized converters who have no long term contracts with their suppliers ? Where will they find PET imports ? Can Asian producers fill the gap ? Flow of goods have started to shift considerably in the last few months as Asian exports to Europe in large quantities regardless of high import duties.
Amidst the shortage , PET prices continue to rise, compounded even further by the increasing crude oil price .
Meanwhile, the European Commission continues to emphasise on sustainability and recently published the Europe Plastic Strategy which calls for all plastics packaging to be re-used, recycled and not littered by 2030.
The growing importance of PET’s role in the Circular Economy cannot be denied . It would need the involvement of the entire value chain from producers to endusers.
How is the PET industry pushing efforts on recycling ? What are new developments on PET chemical recycling and will this be the game changer ?
How about bio-based feedstocks ? Will novel bio-based initiative push the renewable chemistry to a whole new level ?
It is revealed that as much as 80 per cent of all marine litter in our oceans is made of plastic. What is the PET industry working on , to prevent its plastics leakage into the environment ?
Sustainability needs to be a corporate identity ingrained into every stakeholder. Facing challenges in the circular economy, find out at the 19th GEPET how the industry is contributing and investing in sustainability efforts to move forward.
Key Highlights
Plus ! Take the opportunity to visit Hungary’s leading PET recycling facility in Karcag industrial town. Contact grace@cmtsp.com.sg for more information.
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CMT PET Conference Series |
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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/
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18:15 - 21:30 hrs. Networking Cocktail Reception for ALL Speakers & Participants
Sponsored by
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The project was conceived to recycle selectively collected PET scrap and to remake it into resin of nearly the same quality as the original (virgin) PET. The capacity of the plant was chosen so that it could rework as much material as the output of the Aquarius group, a leading soft-drink manufacturer in Hungary.
The selectively collected plastic scrap is scratched, cleaned in an elaborate process in the Recy-Pet plant in Karcag, and processed into regranulate. Regranulate is intended to replace the current raw material of the bottling industry, the virgin granulate, which is largely imported from abroad to Hungary, with significant exposure to the international market and economic conditions. The soft-drink industry is currently using a mix of recycled and virgin plastic.
The objective is to use 100% one day, which is basically feasible and proven. The carbon footprint of recycled/virgin mix is much lower the that of the virgin PET. |
| Be a Sponsor or Exhibitor! |
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This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive Luncheon & Cocktail sponsor.
For Sponsor & Exhibition |
