Sustainability As Ultimate Goal

The Plastics Applications in Food and Beverage Packaging Summit held in Manila, Philippines on November 5-6 gathered the who’s who in Philippine food, beverage and plastics industries.

The Summit was attended by over 250 participants who listened intently to highly informative presentations from representatives of government agencies, industry associations, academic community and business sector.

Organised by Ringier Trade Media Ltd. through its Ringier Events, the Summit gained the support of various organisations in the Philippines and around Asia such as the Philippine Chamber of Food Manufacturers Inc. (PCFMI), Association of Petrochemicals Manufacturers of Philippines (APMP), Packaging Technology Division of the Department of Science & Technology (DOST), Indonesian Packaging Federation (IPF), ASEAN Food and Beverage Alliance, Food Industry Asia (FIA), and Philippine Association of Food Technologists, Inc. (PAFT). International companies also supported the event as sponsors such as AKEI Holdings Company Limited, Ever Polymer, Labthink, L.K. Machinery International Limited and Tat Ming Technology Co., Ltd.

As Mike Hay, President of Ringier Trade Media Ltd. stated in his opening speech: “We all know that the Southeast Asian region presents many business opportunities given its huge market and with a GDP of US$2.6 trillion and over 622 million people. Southeast Asian plastics market is expected to grow by more than 6% annually from 2018 to 2023, thus creating excellent business opportunities. As the US-China trade situation turns sour, it is in my view that a wide range of opportunities will open up for ASEAN countries, and you can expect to see a further migration of foreign manufacturing companies relocating in Southeast Asia.”