PLASTEX 2005 to be held in Cairo
The ninth International African Arabian Exhibition For Plastics, Chemicals and Rubber Machinery & Products, PLASTEX 2005 will be held at Cairo Fair Ground in Egypt from May 26-29, 2005. The exhibition provides an excellent opportunity for multinational companies to access the enormous market of Middle East and North African (MENA) region.
PLASTEX is known to be the leading specialized exhibition of its kind in the region, organised by ACG. The exhibition is held every eighteen months and participating in it is high among most of the MENA- interested businessmen agendas. As the previous editions of the show in the region have been very successful, the exhibition is considered as the meeting point for exhibitors to finalize their deals, appoint their agents and distributors and introduce their recent new products and technologies.
“This is an internationally leading trade fair dedicated to the plastics, chemical and Rubber industries. The fair presents products and services, technologies and innovations, trends and tendencies for trade markets. Featuring a wide range of products from chemicals and resins to moulds and dyes, PLASTEX 2005 offers an excellent platform for presentation of new products. It is an international meeting-place for worldwide suppliers and regional manufacturers,” said Ahmed Ghozzi, Chairman, ACG.
Egypt is one of the major importers of plastics. Almost 83 percent of its plastics are imported while the rest is produced locally. The plastic industry in Egypt is growing steadily and becoming increasingly modernized. In 2003, Egypt consumed plastic materials and resins worth nearly US$ 1.65 billion. With more factories being established demand is expected to further grow at 10 per cent annually for the next three years.
“Although plastic consumption in the Middle East is significantly high, Saudi Arabia is the only leading producer of plastic in the region. There are more than 580 downstream plastics manufacturers in Saudi Arabia. PLASTEX 2005 will provide a lucrative basis for companies dealing with Plastics, Chemicals and Rubber Machinery & Products to target the regional market potential” said Ghozzi.