(PRWEB) October 25, 2008
It was a mere two years ago that GCC initiatives to diversify Middle East downstream plastics industry was mooted, yet its future is now shaken by the current global financial crisis and volatile fuel prices. With the prospect of reduced profit margins looming large, and impending world economic slowdown, polymer producers, plastics processors and converters need to carve their niche and competitive advantage in the global arena. Coupled with consumer awareness and government policies emphasizing greater environmental protection the industry is also burdened with the call to produce bio-degradable plastic and embrace plastic recycling.
The 2nd Arabplast Summit is primed to provide definitive source of timely information and insights on the current trends and strategies shaping the industry. Representatives from Nexant Chemsystems, Arab Petroleum Investment, UFLEX Limited, Nova Industries, Rowad National Plastic Factory, Maersk Logistics, Taghleef Films, National Petrochemical Industrial Company, Pimas Plastic Construction Materials, Horizon Technologies FZE, Milliken, Obeikan Technical Fabrics and many more have been roped in to help make sense of the economic situation and share their perspectives on how the industry can take comprehensive and innovative approaches to tackle the latest developments and issues. Some of the key areas that will be examined are:
- Latest demand and supply mechanics on polymer market
- Ongoing financial crisis and how it impact the economics in the Gulf
- Packaging as an innovative tool to drive demand
- Market Trends in plastic pipe, plastic packaging, wire & cable, film sectors
- Rising freight costs and supply chain optimization
- Competitiveness of plastic converters in the Gulf
- New investments in polyester fiber spinning
At the 2 day event packed with over 10 hours of networking sessions, delegates can expect to meet and form valuable business contacts with a wide ranging profile of participants from polymer producers, distributors, polymer traders, to representatives from Banks and Financial institutions, to polymer end users, transportation & logistics personnel, plastic industries executives & consultants from key polymer producing & consuming groups in Middle East Region.
For more information on this event please visit http://www.cmtevents.com/ArabPlast
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 Petroleum, Refining, Liquid Natural Gas, LPG, Polymer, future fuels like Biofuels and alternative energy like Coal to Liquids, Gas to Liquids, Bio mass to Liquid Technology and many more. Visit http://www.cmtevents.com for further information about us.