5th Latin America PET (LAPET) Conference in Mexico City on 15-16 Nov, 2007

With PET manufacturing sector still in the cycle of oversupplied and under pressure, PET producers have to strive to optimize their cost position in order to survive in the industry which is characterized by high growth but tight margin. The 5th Latin America PET (LAPET) conference offers authoritative views and analysis on the burgeoning market and PET players' initiatives.

(PRWEB) September 16, 2007 -- Building on the highly successful 4th MEX-ACCRA PET conference in 2006 which attracted over 100 attendees, Centre for Management Technology (CMT) is delighted to host the 5th Latin America PET (LAPET) 2007 on 15-16 November in Mexico City.

Mexico, a country with a population of over 100 million drinks 14.4 billion litres of carbonated soft drink (CSD). Polyethylene terephthalate (PET) takes the biggest share for packaging. Mexico, along with its neighbours Central America, Caribbean, and Andean region (Columbia, Venezuela, Peru and Ecuador), consume over one million tons of PET resin per annum. The South Cone region (Argentina, Brazil, Uruguay, Paraguay and Chile) is also seeing a surge in PET sales, led by strong demand from food, beverage and cosmetic sectors.

The two-day event features presentation by Novapet, a new entry to the Latin America PET market; they recently firmed up their plan to set up a new resin manufacturing plant in Venezuela. Major PET producer Eastman and leading consulting firm, CMAI will examine trends and direction of PET market and its feedstocks. Also presenting will be leading preform and bottle manufacturers San Miguel Industrial, Simko, discussing business outlook of promising markets like Peru, Brazil, Mexico, and Argentina.

Besides PET market review, technological advancements in preform and bottle will be another main focus of the conference. International packaging leader Amcor will share their customer centric approach to new product development, whilst leading cosmetic and skincare company Natura and major brand owner Bonafont (Danone) will reveal how PET plays a role in their packaging mix. Latest technologies in preform system, mold, closure, additive, barrier and PET recycling will also be highlighted.

With PET manufacturing sector still in the cycle of oversupplied and under pressure, PET producers have to strive to optimize their cost position in order to survive in the industry which is characterized by high growth but tight margin. The 5th Latin America PET (LAPET) conference offers authoritative views and analysis on the burgeoning market and PET players' initiatives. For more information on the full program agenda visit www.cmtevents.com.

CMT into our 24th year is a global conference organizer based in Singapore. CMT has been producing international conferences for Polyester Intermediates & PET markets since 1996. CMT is recognized for providing market specific information for the PET industry to maximize opportunities in emerging regions. CMT PET conferences are held in Asia/China, Middle East, Latin America, Central and Eastern Europe.

Press Contact:

Jaime Ng

Event Executive

Tel: +65-63469115

Fax: +65-63455928

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