6th LAPET (Latin America PET resins & bottles) Defines Market Opportunities in Latin America Amidst Tightening Margin & Market Consolidation

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Expert panellists from major companies like Husky, who has recently expanded their presence in Latin America region, as well as Dewitt, Eastman Chemical, Cajaplax, Colgate Palmolive, Grupo Penafiel, Bonafont, GSI Global Service International, Inpet, Cristalpet, Industrias Venpet, KHS Corpoplast, SACMI de Mexico, Aprepet, Pet Del Caribe, Ecoplast, OHL Engineering, Coca-Cola, and more will convene this November 13-14 at the 6th LAPET (Latin America PET resins & bottles) conference.

"PET resin represents a nearly $25 billion market annually. It is the preferred packaging polymer for soft drinks, juices and bottled water, not to mention household goods such as detergents, cleaners, personal care items and consumer goods packaging." Source: PRNewswire, Apr 24, 2008

"According to studies by the Freedonia Group Inc, the US demand for plastics containiers will grow 5.4 percent annually through to 2012, however, demand will be limited by increasing maturity in key markets such as soft drinks and household chemicals. Growth in resin volume will be restrained by light weighting and other efforts aimed at reducing resin consumption." Source: PETplanet Insider, 29 Sep 2008.

This November 13-14, CMT's 6th LAPET (Latin America PET resins & bottles) aims to provide an insight on the growth in PET market that has led to Husky's expansion in the Latin America region. Thanks to their double-digit sales growth in 2007, the US supplier of injection molding equipment and leader of plastics preform systems is hiring additional manpower for their facilities in Brazil, Mexico, Colombia, Venezuela and Argentina. To share their success story is Mr. Mike Urquhart, VP of Husky Latin America, who is presenting paper on ''Trends in light weighting, with new thread designs and body lightweighting and technology to run faster cycles".

At this intensive and information packed meet, participants can expect interactive discussions on the future outlook of PET resin market amidst tightening margin and market consolidation, as well as industry prospects in Latin America, namely Mexico, Brazil, Paraguay, Uruguay, Argentina, Columbia, Venezuela and Chile. Attendees will also obtain first-hand insights on new business opportunities from leading Converters, brand owners, bottlers, resin producers, traders, technology companies, feedstock suppliers, and consultants in the Latin America region.

Centre for Management Technology (CMT), the official organizer for Latin America PET conferences, has welcomed more than 300 delegates from the Europe and Latin America region over the last few years.

Past participants include leading Packaging industry majors like Amcor, who had sold its European PET unit to La Seda de Barcelona, Europe's largest maker of PET packaging, Innopack & Tetra Pak, brand owners, beverage companies, and bottlers like Danone Group, Cadbury Aguas Minerales, Coca Cola, Grupo Continental, Embotelladoras Arca, the Pepsi Bottling Group, and more. The speaking faculty is made up of major players such as Dewitt, Eastman Chemical, Cajaplax, Colgate Palmolive, Grupo Penafiel, Bonafont, GSI Global Service International, Inpet, Cristalpet, Industrias Venpet, KHS Corpoplast, SACMI de Mexico, Aprepet, Pet Del Caribe, Ecoplast, OHL Engineering, Coca-Cola, and others.

To attend the 6th LAPET or obtain more information on the 6th LAPET event visit http://www.cmtevents.com/newevents.aspx?ev=081139& for further details.

ABOUT CMT
A global organizer HQ in Singapore, CMT is dedicated to the provision of latest business and technology information through high profile conferences for varied industries. CMT forums encircle the globe from Asia Pacific to Middle East to New Europe/Russia and the Americas. In 25 years of operation, CMT has hosted leading conferences on Bioplastics, Elastomers, Rubber, Plastics, Petrochemicals, Oil & Gas, Renewable Energy and many more. Visit http://www.cmtevents.com today!

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