| Subject: | CREON invites you to take part in the VI Global International Conference «PET 2010» which will be held on February 16, 2010 at Baltchug Kempinski Hotel, Moscow.
During the last year both global and regional polyethylene terephthalate (PET) markets faced serious difficulties and challenges caused by financial crisis. The PET market was negatively affected by consumption decrease, lack of cash flow and strategic investments as well as extreme market volatility. Russian PET market that used to grow faster than any other European market suffered significant losses. While growing with incredible 20-25% per annum when emerging in 90-th and later on with more moderate rate of 10-15%, PET market in Russia lost over 20% during the last 12 months. Particularly one of the important factors influencing the market is drastic decrease in consumption of beer bottled in PET-packaging. Major domestic PET-preform producers were forced not only to cut the production almost at all sites but even to freeze some plants.
Unfortunately market situation in other FSU states, i.e. Ukraine and Kazakhstan is not less dramatic. The PET consumption in the markets of South America and Asia were less affected by the crisis. A good example is China where consumption growth in 2009-2010 is about 25% what is equal to the whole Russian PET market.
In the current market and economical situation most of earlier announced new PET projects are delayed or even cancelled. Meanwhile we should note that big companies aimed to long-term presence at PET market keep operating at the same level and the crisis can result in improvement of PET business.
For the past six years annual «PET» conference organized by CREON became the key event of the industry gathering impressive audience from many countries. Successful «PET 2005», «PET 2006», «PET 2007», «PET 2008» and «PET 2009» conferences were attended by hundreds participants from the leading companies, e.g.: AK BARS BANK, Al'fatehform, Alpla, APG Eastern Europe, Applex, Baltika Brewery, Bruckner, Buhler, Dow, Etalon Plastservice, Europlast, G.S.I. Global Service International, Gazprom Neft, Gneuss, HUSKY, JBF RAK LLC, Klassika-PET, Komitex, KP Chemicals, LG International, LUKOIL-Neftekhim, Lurgi-Zimmer, Mega–Plast, Mogilevkhimvolokno, NEO Group, Nestle Waters, Netstal, P.E.T. Engineering, PET Baltija, Petrochemical Holding, POLIEF, Polihimservis, Reliance Industries, Resilux, Retal Industries, SDT Group, Selena, Senezh, Serebrjanyj Istochnik, SIBUR, SIBUR-PET, Tatneft, Tricon Energy, Uhde Inventa-Fischer, UMSK, Uniplast, UOP Sinco, Vinmar and many others.
Participants of «PET 2010» conference will be given papers from the leading companies and experts of PET industry. The main subjects scheduled to be discussed at the conference are:
- Current situation at global, regional and Russian PET markets;
- Prospects of PET markets development in conditions of crisis;
- «Life after crisis» Domestic PET production and state-of- the-art earlier announced projects;
- Long-term perspective of the internal market growth and structure of PET consumption;
- Influence of import on the internal market;
- PET and PET packaging price fluctuation factors;
- PET packaging development in Russia;
- Prospects of Russian PET textile industry;
- Equipment and technology development for PET production and conversion;
- PET recycling.
We hope you will join the event. Detailed information on the forthcoming event you can get at the conference Organization Committee by Tel.: +7 (495) 797 49 07 or E-mail: org@creon-online.ru. |
