Pagina 12 - Ti_News_07

Versione HTML di base

Ta g h l e e f I n d u s t r i e s N e w s
12
Ti
participated in the 9th MENA Olefins
& Polyolefins, organized by the Center for
Management Technology, Singapore and
held in Dubai, United Arab of Emirates, on
10-11 Oct 2011.
Key representatives of international
Petrochemical companies, polyolefin
producers, polymer additives and
plastics industries shared their insight
and expertise on various topics such
as the impact of Shale Gas exploration
in the USA on the global market, the
shortage of ethane, the impact on the
price and profitability of the industry,
status of various projects in the region,
propylene supply/demand and the
new developments in polypropylene
technology. Olefin markets are largely
upbeat, but players remain wary that the
situation can change all too quickly when
T
he GCC (Gulf Cooperation Council)
flexible packaging market is one of the
fastest growing sectors in the packaging
industry due to its extraordinary growth in
the past decade. The significance of GCC
flexible packaging market is justified
by the ease of minimizing package size,
Ti Participated in the 9th
MENA
Olefins & Polyolefins Conference
AMI’s Flexible Packaging Conference 2011,
Dubai United Arab Emirates
extended shelf life and the dynamic shift
in user’s mind to convert to flexible
packaging over the rigid packaging.
The United Arab Emirates (U.A.E), of
which Dubai is the commercial hub, is the
largestmanufacturer of flexible packaging
materials in GCC with a share of 46%,
followed by KSA (32%) and rest of GCC
(22%). The 3rd edition of AMI’s Flexible
Packaging Middle East conference took
place at JW Marriott Hotel in Dubai
UAE from 21-23 November 2011.
AMI’s Flexible Packaging Middle East
conference is an established forum
where all stages of the packaging supply
chain meet to discuss key trends and
developments influencing market growth
and profitability.Muhammad Ali Mirza,
Head of Sales & Marketing Exports at
Ti LLC had the opportunity to learn
production problems pass and Middle
East capacity finally comes on stream.
With soaring expectations across the
olefins markets, the bullish outlook has
been aggravated by firming spot prices
and frequent supply issues that continue
to rule the thoughts of players
Petrochemical producers in the Middle
East and North Africa (Mena) region
should brace for competitive feedstock
prices, which could affect the profitability
of the industry at the end of 2011, the
Deutsche Bank has warned.
The bank, in its latest Mena outlook
for petrochemical industries, said that
possible changes to the feedstock costs
are imminent, especially for the major
Saudi-based petrochemical companies,
due to absence of re-stocking.
“Looking into 2011, while we expect
emerging markets to continue to be the
key drivers of growth, we expect industry
growth to average at a rate around that
of global GDP growth due to the absence
of restocking, which provided material
support to volume growth through 2010.”
(Source: Alrroya, 6 Feb 2011)
MIDDLE
EAST
new trends and developments in flexible
packaging with special emphasis on use
of ‘Bio Plastics’, meet some valuable
clients like MARS GCC, Al Sharq
Plastic Industries, Manama Packaging
Industries and connect with key suppliers
and industry partners such as Brückner
Maschinenbau, DowChemical, Borouge,
Henkel, Siegwerk, Reifenhäuser, Exxon
Mobil, Max Specialty Films, Tripack
Films. Direct interaction among the
international panel of speakers and
delegates resulted in lively debate, a
much needed opportunity to exchange
points of view, ideas and opinions. The
table-top exhibition which ran alongside
the conference provided companies
with an excellent opportunity to present
novel products and services to a relevant
industry audience.
Ibrahim Hammoda, Ti Regional Sales Manager
(GCC & ME), gave a presentation on the
challenges in the BOPP film industry in the
Middle East.
From left to right:
Blin Andreas, Bruckner; Ali Mirza,
Ti
LLC; Shailesh
Nigam & R. K. Bakshi - Max Specialty Films.