Sofitel Jin Jiang Oriental Pudong Shanghai
Accessing the World's Largest Producer of 'Bottle Grade' Resins
Asia and China in particular has long been the cardinal and global supplier of the PET industry. With larger capacities coming on-stream and the resurgence in demand after the recent economic downturn, China has become a magnet for buyers and traders from Europe to the Americas to source for raw materials and seek cost competitiveness.
CMT’s PETresin Xchange provides you the answers to these concerns and more! It’s the platform for international buyers and suppliers to gain first hand information and forge business opportunities, all in one location.
Spread over 3 days, the conference also includes pre and post plant visits to one of China’s newest PET resin production facility and the only PET beer bottling facility.
Rounding up the series of CMT’s PET events, attend PETresin Xchange and be equipped with the latest industry trends and market forecasts for the coming year ahead!
Pre Conference Plant Visit - 16th November Tour of Zhejiang Wankai New Materials brand new A new kid on the block, Wankai New Materials has ventured into a total investment of 1.5 billion RMB on the bottle grade PET project. The project is divided into two parts, and its 1st phase has successfully started production with a capacity of 250, 000 tons in September 2010. The 2nd and 3rd phase will be completed by end of 2011. The company has a final target to build up an annual capacity of 1 million tons, making it a major PET producer in local and global market.
Post Conference Plant Visit - 18th November Tour of Sino-Belgium Beer Suzhou (SBBZ) |
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WHO WILL YOU MEET
Below is main reason why you must sign-up for PETresin Xchange right away!
Join delegates from all across the PET supply chain, in particular:
Another is to take part on two exciting site visits, available to registered delegates only - the optional pre-conference site visit to Zhejiang Wankai New Materials on 16th November, China's newest 'bottle grade' PET facility; and complimentary post-conference "Tour of Sino-Belgium Beer Suzhou" on 18th November - exclusive access to China's newest PET resin production facilityand only PET beer bottling facility.
Click here for the full program agenda or email reema@cmtsp.com.sg today for information on last minute registrations.
01 Nov, 2010
PETresin Xchange is proud to announce the following confirmed venues for the pre and post-conference site visits:
Tuesday, 16th November
Optional Pre-conference Site visit (separately bookable for registered delegates):
Zhejiang Wankai New Materials, the newest PET ‘bottle grade’ facility in China.
Zhejiang Wankai New Materials recently successfully completed Phase 1 of its 1.5 billion RMB bottle grade PETproject in September 2010, with a capacity of 250,000 tons. The 2nd and 3rd phases are due to be completed byend 2011. The company targets to build an annual capacity of 1 million tons, setting its course as a major PET producer in the local and global market. | Thursday, 18th November
Post-conference Site visit (complimentary for registered delegates):
Sino-Belgium Beer Suzhou (SBBZ), China’s only PET beer bottling facility.
SBBZ, an integrated PET perform and bottling plant cum brewery, is the first and only PET facility to sell PET bottled beer in China.
Delegates will get a first-hand look, and even taste of the beer bottled in PET. |
For more information on the above site visits and full conference agenda, click here.
22 Oct, 2010
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08 Oct, 2010
Asian purified terephthalic acid (PTA) plants may face fierce competition in 2013, with overall operating rates falling below 80% amid extensive expansion, despite strong projected PTA consumption growth in the region.
"Most of the new projects and investments were inhibited or delayed by the global financial crisis in 2008. However, strong demand recovery in Asia since late 2009 has prompted another round of investment," says a senior manager with a major Chinese PTA producer.
Capacity growth is expected to speed up from 5-6% from 2007-2010 to as high as 18% in 2012, before it declines back to 8% in 2013.
Source: Asian PTA producers face margin pressure by 2013, 26 August 2010
To get an in-depth overview of Asia’s PTA scene, join Ms. Zhang Fu Qin, Manager of Petrochina Planning & Engineering Institute as she presents her paper on;
Click here for full agenda.
20 Sep, 2010
The demand for PET is highest in Asia, with China driving the majority of global demand. There is a huge consumption potential in largely populated countries such as India and China. The strong economic growth along with the large population enables the large consumption of Carbonated Soft Drinks (CSDs) and bottled water in the region. The rapidly changing lifestyle of people in the region supports the consumption of packaged food. China has also grown rapidly in the capacity and production of petrochemicals. China is the largest producer of PET in the region and exports to many countries.
Source: http://www.petcore.org/content/asia-largest-consumer-pet-followed-europe-16-8-2010
For more PET updates in Asia, attend PETresin Xchange 2010 which offers discussions on;
Click here for the latest agenda.
01 Sep, 2010
Vietnam is the only country in SEA that has a higher beer consumption per capita than soft-drinks. However in 2009, the consumption of soft-drinks showed double-figure growth again. Multinational companies dominate the water marker. La Vie of Nestle is the best selling bottled water, followed by Aquafina (Pepsi) and Joy (Coke). The water market has the highest PET penetration, i.e. virtually 100% is bottled in PET. With this increase, Vietnam is expecting an annual consumption of 50,000t of PET Resins for 2010, with imports from Asia.
PET Penetration | Vietnam | Asia |
Water | 100% | 82% |
CSD | 3% | 40% |
RTD Tea | 48% | 55% |
Fruit/Veg. Drink | 9% | 41% |
Functional Drinks | 1% | 40% |
Figures Euromonitor, 2009
Source: PETplanet Insider, June 2010
For more information on Asia’ PET growth, join us at PETresin Xchange on 16 – 18 November 2010 in Shanghai as we discuss on Accessing the World's Largest Producer of Bottle Grade Resins. Program key highlights includes;
Click here for the latest agenda.
11 Aug, 2010
According to GBI Research, the largest market for PET is carbonated soft drinks (CSD) while the second biggest is bottled water, with both accounting for more than 65% of the global PET demand.
There is, however, one other market that has strong potential for growth (with regards to PET applications) but is widely untapped – the beer market.
At the PETresin Xchange in Shanghai happening from 16-18 November, 2010, the spotlight on the beer market will provided by Ms Fanny Liao, Managing Director of Sino-Belgium Beer (Suzhou) who is speaking on ‘PET integration in Asia – from Fossil-based to Bio-based in Raw Materials & from Fiber to Beer in Applications’.
Additionally, there will also be a site visit to an integrated beer preform/bottling plant in Suzhou, SBBZ, where the brewing technology comes from a 252-year brewer in Bocholt, Belgium.
The joint venture between Sino-Belgium Beer, Suzhou and Martens, Belgium produces preforms, coated PET beer bottles and beer. It’s the only integrated facility packaging beer in PET in China.
So don’t miss out on PETresin Xchange, the platform where buyers meet sellers!
If you are keen to register or explore sponsorship and media exchange opportunities, please enquire with Miss Hafizah at hafizah@cmtsp.com.sg.
In the mean time, watch this space for exciting updates on the conference agenda and fringe events.
20 Jul, 2010