Polyester & PET industry leaders will gather at the 15th Annual Polyester/PET Chain Congress to discuss sustaining growth and maintaining profitability
ZURICH, Jul 13, 2010 (BUSINESS WIRE) --
Copyright Business Wire 2010
The global Polyester & PET industries, with a current production
capacity of around 59 mill tons/annum, have grown rapidly in recent
years to become the second most important thermoplastic resin product
family after Polyethylene.*
The 15th Annual Polyester/PET Chain World Congress (29 November -- 1
December; Zurich) brings together industry leaders from Europe, Asia and
the Americas to focus on the new technology, product and application
directions needed to sustain growth and maintain profitability as
markets recover from the effects of the financial crisis and the
economic downturn.
PET demand growth has not kept pace with capacity increases and today
the virgin product requirement is approximately 49 mill tons/a, made up
of about 31 mill tons/a for fiber/yarn and 18 mill/a for packaging
applications.
Additionally nearly 6 mill tons/a of reprocessed R-PET has been
re-entering the global markets, although the availability of R-PET is
now becoming constrained by the limited supply from post-consumer
collection systems.*
Global markets, whilst maturing in recent years from high growth,
premium priced specialities to now competing with commodity plastics,
are further faced with low operating rates for PX, PTA and Polyesters.
Rationalization and diversification have become inevitable, with larger
plant capacities continually offering lower investment costs along the
value chain. The paradigm shift towards Asian Polyester production
continues, but often lack of back-integration is today a major challenge
to both Western and Eastern producers.
The conference, organized by MBS Polymer, Chemical Week and SRI
Consulting presents expert speakers, hard-hitting technical discussions
and key business and market developments including:
--
Evolution of Polyester markets, supply/demand balances & pricing
scenarios.
--
Regional markets, business environment and growth in Asia, Americas,
Europe, Mid-East/Africa.
--
Forecasts on feedstocks and intermediates, PX-MEG-PTA-PET supply chain
dynamics and outlook.
--
Updates on polymer process technologies.
--
Innovations in catalysts, additives, nano materials and polymer
modifiers.
--
Trends in global textile markets and applications for synthetic fibres.
--
Recent advances in film, sheet & moulding, processing and applications.
--
Trends in the packaging needs of end users and brand owners.
--
Growth opportunities in packaging, fibre and engineering applications.
--
Packaging trends for drinks, water, beer, milk, juice.
--
New polymer developments in PTN, PEN & blends, PTT, PBT for high
performance technical applications.
--
Impact of global regulations and regional approvals.
--
Environmental challenges and opportunities with bio-based materials.
--
Pioneering collection and recycling successes.
The two day Congress will be held again this year at the Zurich
Swissotel in Oerlikon. Further details are available at www.mbsploymer.com/polyester.
About Maack Business Services
MBS was founded by Horst Maack in 1980, and was for many years
co-directed by Konrad Scheidl, both of them ex senior managers with Dow
Chemical. Their many years of experience in industrial global polymers
and plastics applications has enabled them to provide extensive and
in-depth know-how to many plastics businesses around the world. Since
the acquisition of MBS by Access Intelligence, Horst has been retained
in a management advisory role. The MBS active global data base of 20,000
plastics experts in polymer production, consumption and end-use
applications know-how provides unrivaled reach in global markets. MBS
has assisted many international clients with extensive project work in
developing novel "first ever" plastics applications and has undertaken
numerous multi-client applications studies.
To date, more than 5,300 leading presenters have addressed the MBS
international congresses, addressing the complete plastics chains in the
major thermoplastics, from manufacturing to applications, recycling and
end-uses.
About Chemical Week
Chemical Week, part of Access Intelligence, LLC, is the world's leading
source of news and analysis for key professionals concerned with the
chemicals, petrochemicals, specialty chemicals and related industries.
Chemical Week information is available face-to-face, daily, weekly and
24/7 via our websites, weekly print magazine, newsletters, custom
publications, online buyers' guides, and conferences. Additional
information is available at www.chemweek.com.
* Maack Business Services
SOURCE: MBS Polymer
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