Monday, August 18, 2014

PET Outlook Asia - About Event | About Conference

I just came across the PET Outlook Asia conference which will take place in Jakarta this Friday 20th Aug, 2014. While it looks very interesting, the cost to attend is a whopping $1,400 USD. While they do promise some highly regarded keynote speakers, it remains to be seen who will actually show up and attend.
"PET Asia Outlook - Next level of growth"

 Government Lifts Anti-Dumping Duty for PET Products
Friday, 21 March, 2014

 The lifting of antidumping duties bring good cheers to suppliers from South Korea, China, Singapore & Taiwan as primarily the Indonesian market was largely dominated by local producers PT Indo-Rama Synthetics Tbk, PT Indorama Ventures Indonesia and PT Polypet Karyapersada.

The growing consumer market led food & beverage producers to appeal for a lifting of antidumping duties as local market experience a shortage of PET and antidumping duties had increased their production costs

While in 2013 domestic PET production reached 467,000 tons, 250,000 tons of this was reportedly exported , leaving a shortage for domestic use.

According to Canadean “the 130 million Indonesian consumers aged 29 or under are one of the best opportunities for consumer packaged goods (CPG) firms across Asia-Pacific. Big brands like L’Oreal and Unilever have recently opened new factories in Indonesia presenting new opportunities to packaging manufacturers

Within the region, the juice drinks, teas and sports drinks sector is forecast to grow by 4% per annum over the next 4 years, with the market share of PET bottles in this sector to grow by 6% as consumers increasingly recognise the material as more convenient and lighter than glass, and more hygienic than HDPE.

In Japan it is reported that CSD sector accounts for over 87 % of the Japanese PET market share. Meanwhile, shampoos and detergents showed a trend of increasingly shifting away from rigid HDPE and flexible pouches to PET packaging solutions

CMT brings together a line up of authoritative speakers with wide experience in the PET industry to discuss and share concerns on the challenges faced.

Key Highlights include
·       Update on  PET as Packaging Material on the Food and Beverage Industry in Indonesia
·       Perspective from Rachmat Hidayat Government Relation Director of PT Tirta Investama (Danone Aqua), who is also responsible for regulatory aspects of PET imports/exports for the food & beverage sector
·       Update on PET market in China
·       Realization of the Asean Economic Community (AEC) by 2015 and its impact on the PET and beverage packaging business - Thailand's perspective
·       OEM Beverage filling business – PET conversion and Manufacturing preform in Indonesia
·       Producing food grade RPET, close to 100% virgin resins - sharing of experiences from Visy
·       Convertors experience with a Aseptic Technology for milk / milk based product in PET – India
·       PTA feedstock availability covering like China, Korea, India, Taiwan, Middle east.

And many more.  Sign up and register in group

PET Outlook Asia - About Event | About Conference