CMT’s PET Outlook Asia zooms into Polyester Intermediate Market with Nexant.

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PET Outlook Asia \| 24-25 Apr, 2013 - Jakarta, INDONESIA

"...spot rates in eastern China for purified terephthalic acid (PTA) dropped last week in sympathy with declines in crude oil and paraxlyene (PX) quotations... Mono ethylene glycol (MEG) spot rates fell still more sharply, by 5.85%..." March 4, 2013, World Textile Information Network

Polyester intermediate prices including PTA, PX and MEG are falling in Asia, but manufacturers are still facing a tough period as polyester producers are still operating below capacity and require lesser raw materials.

What is likely to happen thus forth for the polyester intermediates market? Will opportunities in other Asian regions help to boost this sector?

The answers plus more market updates are available at the PET Outlook Asia Summit in Jakarta on 24-25 April. Join us at the summit where experts share insights on the opportunities in Asia and how regional businesses are responding to changing market dynamics. Among the invited speakers are:

Nexant's Senior Consultant, Mr. Mazlan Razak, examining the Asia Polyester Intermediates Outlook.

Mr. Andrew Noone, Chairman of PCI (PET Packaging, Resin & Recycling) Ltd speaking on:

How will the global capacity crisis affect the PET business in the
Asia/Pacific region?
Demand is not the real problem; unsustainable capacity growth in Asia is
Changing dynamic for PET trade
Margin squeeze; a short, sharp shock or new paradigm?
Impact on PET recycling and sustainable development

The summit also looks at global and regional issues, opportunities from Indonesia's PET packaging boom and emerging Myanmar consumerism as well as technological updates.

Details of the FULL Program Agenda are available here>>>

A platform that congregates professionals and decision makers of the entire PET value chain, this is THE one event that you must not miss! Feedstock suppliers, resin producers and suppliers, polyester manufacturers, polymer/petrochemical traders, converters & preform manufacturers, technology providers, bottlers/fillers and brand owners will be present to discuss the forward-moving trends in the industry.

To secure your seat, simply REGISTER with us today! You'll still get to enjoy the Early Bird promotion which expires on 24 March!

More information on discounts and bundle deals available here>>>

For enquiries, please contact me at maureen@cmtsp.com.sg or Tel. +65 6346 9145.