The future is bright NATURALLY
the economic
recession, and the possibility of recovery, topic
was the main
of discussion
event.
Speakers
session
at the
in the first
of the conference
took an optimistic
RI? Asia 98 a success DESPITE
Wayne PPG
Rutherford to support
optimism.
the continuing eco-
of
Fiber Glass presented
statistics
nomic recession in the Asia-
view of
the future of the region.
PPG
this
estimates
This year? show featured a bigger exhibition than ht year, with over 30 compa-
Japan
(1 .l%).
Japan
acc-
ounts for over half the total
ites demand
plastics
demand
is expected to fall to 52% by
of 2.8%.
2003.
region,
confident
in the
long term opportunities composites
for
in the region.
RI’
Asia
Singapore
98
was held
in
and organized by
Reinforced
Plastics,
main sponsor
with
FRP Services
This
markets
of North
(projected of 4%)
Europe than
America
annual
growth
and Western
(4.2%),
but more
that of the emerging
South/Central Middle
America,
East
and
Africa
region (1.4%). Annual
& co.
is less than
the larger, more established
rate
As with last year’s event,
a long
term view to grow compos-
around
share of 57%,
the
to adopt
in
work
reinforced
reach
343 000 tonnes by 2003 at a
attracted
together
must
in the region, with a current
will
projected annual growth rate
on 3-4 September,
industry
that RI’ demand in the Asia
ference and exhibition, visitors from throughout
the
Pacific
Pacific, the Rp Asia 98 conheld
that all the stakeholders
although
this
growth. This will enable the
Resin maker Dow agrees that
in the region,
ready for the next wave of
this is not a time
pessimism.
Despina
for
Anas-
tasiou, Dow Chemical,
Aus-
tralia, believes that decreased demand that
is temporary
this
should
time
of change
be viewed
opportunity
and as an
to regroup, plan
industry to remain competitive and grow, and it will put
Asia
world
Pacific
on
player. Other sions
conference
focussed
mould
processing,
compos-
ites in the chemical industry,
growth
rates for
and invest in the future, and
and new generation
over the
an opportunity
posite
1998-2003 from
period will vary
country
ranging
from
the highest followed
to country,
conducts improve
demand
by India
and Taiwan
(5.5%),
with (7%),
(6.4%) to, at
for the Asia Pacific compos-
it.
Short the
term
threats
to
include:
less domestic
industry
poor quality products;
and
finally
pro-
jects; cost cutting leading to lack
2.5%)
of investment
future.
final
its business and to
the lower end of the scale, (both
com-
The
session focused on strategies
Australia
and New Zealand
materials.
industry
how the composites
China
ses-
on closed
glass fibre demand
to examine
the
map as a dominant
Anastasiou
and a in the
believes
ites industry
and looked
at
how the industry must work together
to
develop
region’s potential report
the
(a detailed
of the session
appear
will
in a forthcoming
issue of Reinforced IYastics).
Next time A date and venue for the next RI’ Asia show will be announced
soon. To reg-
ister your interest, contact Jari
Valjakainen
Glassfibre
Smith,
of Ahlstrom
won this unique
RP
Asia surfboard to take back home to Finland. tion,
PO Box 150,
Kidlington,
Oxford
UK,
843825;
Aurora
fax: +44-1865-
843971;
guessing the exact weight of the
elsevier.co.uk
Reinforced Plastics October 1998
The conference and exhibition were heldat The Westin Stamford hotel.
OX5
tel: +44-1865-
Glass Fibre, Jari came closest to board.
Sydney
Elsevier Advanced
Technology, lAS,
To win the competi-
run by exhibitor
Sarah
please
e-mail:
RP@