The Purified Terephthalic Acid (PTA) market's oversupply is expected to continue in 2015. China is planning further expansion on PTA capacity with an additional 3.4 million tons planned this year. This has led to PTA suppliers to reach out to Middle East and African markets as exports to China have decreased. New PET capacity expansion in Middle East and African region has also opened the market for PET preforms and blow molding players such as Husky Injection Molding Systems that provides cutting-edge technologies for the beverage packaging and other PET packaging market. Further the emerging North Africa PET Markets, especially the Maghreb region (Morocco, Algeria & Tunisia) have great prospects for PET preforms and conversion. In line with above market trends, CMT's 16th MENAPET (MidEast & North Africa PET Resin & Polyester Trade, Recycling & Technologies) coming to Sharm el-Sheikh on 4-5 March, 2015 has added 3 new sessions below: PTA in Oversupply: Assessing the Global Capacity & Changing Demand Markets and Dynamics Technologies to Enable PET Growth North Africa PET Markets: Focus on Morocco, Algeria & Tunisia View the final program for more sessions. HURRY Register now to:
For enquiries and information about 16th MENAPET, contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218. Visit 16th MENAPET website for latest updates.
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