SUBJECT£º |
13th MEAPET (Middle East/Africa PET Conference) |
DATE£º |
2012-03-07 |
LOCATION£º |
Elite World Istanbul Hotel - Galata |
CONTENT£º |
Changing Landscape of the Middle East & Africa PET Industry & Impact on Regional Trade
PET trade flow is looking at major changes with new capacity expansions and imbalances in the supply and demand pattern. Turkey for instance will revert from a net importer to net exporter by the end of 2012 as new investments are set to make the country more self-sufficient. The build-up of new capacities in countries like Oman, Saudi Arabia and Egypt will make the Middle East a major exporter, targeting import markets such as Africa and Europe.
"PET producer and sheet extruder Octal Petrochemicals of Muscat, Oman, is planning an expansion costing more than $200m (€153.5m)."
Dec 2011, Plastics News
"In Saudi Arabia, SABIC has converted its original single line bottle grade PET and three line fibre grade facility to four bottle grade lines totalling 330 ktpa from mid 2009. SABIC has also announced a further 420 ktpa plant (Uhde Inventa-Fischer technology) which could be on-stream by 2013." Gulf Petrochemicals & Chemicals Association
"Indorama is moving into Africa with plans for a 75,000 tonnes of solid state polymerisation PET plant at Port Harcourt in Nigeria due to start operating in the last quarter of 2011." May 2011, BPR News
Demand is looking strong for bottle-grade PET. However, PET as substitute for cotton and high feedstock costs will be a perennial challenge for the PET industry and some of the main drivers of PET pricing. Keeping abreast with technology innovations for preform and bottle production to meet customers' acceptance and sustainability concerns are also pivotal for the sector to remain competitive.
CMT's 13th MEAPET is the platform for the entire supply chain of the PET sector to obtain latest market insights and technology trends.
Highlights:
Trends in PET pricing and prospects for the Middle East & Africa region
New PET projects in Turkey and how will the sector evolve in the near future
PX crunch and MEG turmoil: Long term strategic outlook & expected supply/demand dynamics
Country focused outlook: Saudi Arabia, Nigeria, Egypt, etc.
Perspectives from Brand Owners on PET bottling trends and challenges
Trends in PET folio for food & non-food applications
Market outlook of recycled PET as a commodity resin?
Technology updates: MRS extrusion, injection molding, filling/bottling, etc.
Logistic competitiveness of Turkey's PET export vis-¨¤-vis other producers
Networking opportunity with the entire PET supply chain in one venue!
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