Chem Expo 2017: The Philippines in the chemical globe value chain
THE chemicals sector in the Philippines is rapidly growing alongside economic expansion and a revival in manufacturing. In 2013, the chemicals sector as a whole accounted for 6.7 percent of the GDP. ( DTI, SPIK & BOI, 2014 ). Chemicals export reached $ 2.2 billion in 2014. Approximately 3.5 percent of the country’s export basket. Export growth has outpaced global and regional trade, with a compound annual growth rate of 13 percent since 2007, three times as fast as global exports, and twice as fast as petrochemical sub-sectors. Within these, exports are driven by a small number of products, with the top ten accounting for approximately three quarters of all exports. While overall the country is a very player in the global chemicals trade, accounting to 2 percent of exports in 2014.
The Philippines chemicals industry aims to engaged in transforming the nation’s basic resources that serve domestic as well as global market needs with the best customer value. It is committed to attracting de- veloping and retaining the best sustainability and responsible care principles, by improving products and process growth and thus contribute to the nation’s inclusive growth and socialeconomic development.
Chem Expo 2017 in the Philppines is the key platform for manufacturers, suppliers, and distributors, of fine and chemicals to showcase to a dedicated audience of professionals in the industry sector. The product portfolio of this international exhibition cov- ers a maximum range specialty chemicals.
Chem Expo 2017 will take place from November 24 to 26 at the World trade Center, Manila. It is expected to gather 100 foreign participants from China, Malaysia , Singapore, Taiwan, Europe, for the Chemical Industry, renowned in particular for pharmaceuticals, plastics, colors and - cals, dyes and pigment, personal care products , agrochemicals, - aging equipment. and