Burgeoning local demand and export markets such as Africa and Europe are driving the growing disparity between demand and supply. Middle East has thus become the region of choice for PET investments amidst the global capacity crisis.
Stiff competition is likely in the Middle East region as new capacities in Nigeria, Egypt, Turkey, Oman and Saudi Arabia shift the global landscape in PET resin. Indorama is the first to set up new PET capacity in Africa, with its plant located in Nigeria.
In light of this, we have secured Mr. Rajarshi Roy Chowdhury, Marketing Manager (MEAF) of Indorama, to elaborate on "Growth Strategy & Creating a Competitive Position in the PET Packaging Industry" at the 14th MEAPET Summit.
The summit, held in Dubai on 26-27 February, will provide you with vital global and regional outlook via Mr. David Swift, Managing Director of PCI PET Packaging Resin & Recycling Ltd, who will touch on:
How will the Global Capacity Crisis Affect the PET Business in the Middle East & Africa region?
- The growing imbalance between Demand and Available Capacity; globally and in region
- The resulting changing dynamic for PET trade flows between regions
- The margin squeeze - how long can it last?
- The impact on PET recycling and sustainable development
Mr. Shihab Izzat, Director Sales - Export of Savola Packaging Systems, one of the biggest packaging company in Saudi Arabia, will address the topic on "Challenges for PET Converters in the MEA Markets", a crucial aspect to address during this competitive period in the industry.
Trade, price, feedstock challenges, packaging & technology trends and market supply/demand are key focuses of the summit. PLUS there will be a Separately Bookable Workshop on 'A2Z of PET Recycling'.
View the FULL Event Agenda on our conference website for more details on speakers and topics.
Register your team today! Discounts are available for group sign-ups and payment via credit card.
For enquiries, please contact me at hafizah@cmtsp.com.sg or Tel. +65 6346 9218.
Best Regards,
Hafizah Adam (Ms)
PET SeriesTeam
Centre for Management Technology
DID: +65 6346 9218
E: hafizah@cmtsp.com.sg