Industry estimates state that the global PET market currently is oversupplied by almost 20 billion pounds. Moreover, the Chinese markets have also reported an oversupply of PTA recently. Standard Chartered estimates state that global PTA capacity additions will outpace demand growth by 8 ppt in 2014, and 12 ppt in 2015, dragging down global capacity utilization to 62% in 2015, from 74% in 2013. The report also predicts Global MEG capacity additions to outstrip demand growth by 1ppt in 2014, and 2ppt in 2015, deepening oversupply issues until 2015.
CMT's 12th LAPET (Latin America PET Resin Trade, Application & Recycling) conference opens on 20-21 October, 2014 in Mexico City to discuss the implications of such global trends on Latin America's PET industry.
More specifically, the conference brings you 2 key sessions by the experts in the field:
2015 - A Time for Change
- Latest review of global supply compared to demand and prospects for 2015
- How will the industry prosper in 2015; a focus on regional issues in Latin America
- Price movements in 2014 and thoughts for 2015
- Possible threats to PET
- Global overview of PET recycling and sustainable development
Mr. David Swift, Managing Director, PCI (PET Packaging, Resin & Recycling) Ltd
Outlook of the Polyester Intermediates Markets & Technology Advancements
Mr. Michael Cleveland, Regional General Manager (Latin America), UOP (A Honeywell Company)
To value add, be sure to also sign up for the optional Workshop on PET Recycling Markets & Tech on 21st Oct (from 13:30 - 17:00) for just USD 295!
Registrations are now open!
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Early Bird Discount: SAVE USD 75 (per person) when you pay online by 20 September with Visa/MasterCard
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Group Discount: SAVE USD 300 (per person) when you register 3 or more delegates.
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Separately Bookable: PET Recycling Workshop for just USD 295
For more exciting sessions and speakers visit the event website
Hurry! Enjoy the below special discounts below by Registering now
Sponsor 12th LAPET
CMT's PET series is an excellent platform to promote your brand to a huge congregation of global PET bottlers, converters, beverages giants, brand owners and many more decision makers. If you are interested in sponsoring and exhibiting at PET Outlook Asia or for that matter any of our upcoming PET events, drop an email to Ms. Cynthia Today at cynthia@cmtsp.com.sg
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