INDEVCO executive offers insight into the plastic converting industry in Europe and the Middle East at the IHS ‘Global Plastics Trade and Markets Conference’ in Istanbul.
INDEVCO Flexible Packaging Executive Vice President, Dr. Hanna Saad, presented ‘The GCC Plastic Converting Sector: Global or Regional Vocation?' session at the Global Plastics Trade and Markets Conference on 11 June 2012. The conference offers key professionals throughout the supply chain information and analyzes trends, product developments, and new specific experiences in the plastic industry.
The 2-day event took place at the Intercontinental Ceylan Istanbul in Taksim, Turkey from 11 – 12 June.
Dr. Saad provided through in-depth studies about macro-economic factors and plastic consumption in the Gulf Cooperation Council (GCC) countries, as well as a brief overview of European, Middle Eastern, and Turkish markets.
He compared the plastic converting sector in Turkey and GCC countries, highlighting strengths and challenges, and addressed growth potential and cost comparative advantages. He also identified potential areas of synergy between the GCC countries and Turkey.
About IHS Global Plastics Trade & Markets Conference
The 2-day event comprised of presentations from leading international consultants, major converters, and distributors in the petrochemical and plastics industries, as well as research, analysis, and projections from IHS Chemical plastics experts. Topics discussed covered plastics production and raw material overviews, logistics, risk, and energy, as well market outlooks and international trade flows.