UBM Live launches Informex Asia in Singapore
Event will include a diverse exhibit show floor featuring around 100 domestic and international exhibitors, a high-level conference and various networking opportunities
Informex, the leading meeting place for buyers and sellers of high-value chemistry for a broad range of applications, has launched the inaugural Informex Asia event, which will run from 9 – 11 November 2011 at Suntec, Singapore.
The format of Informex Asia will be similar to that of the flagship InformexUSA event and will feature a diverse exhibit show floor featuring around 100 domestic and international exhibitors, a high-level conference and various networking opportunities including a cocktail reception on the first evening.
The two-day conference will feature a line-up of senior figures from both business and trade associations and will cover topics such as the outlook for the Southeast Asian chemical market, the transportation and distribution of chemicals, new technologies and initiatives, sustainability, government regulations affecting the chemical industry and more.
‘Informex is a global event brand that focuses on the premier marketplaces for the fine and specialty chemical industries and we are thrilled to be launching in Singapore in 2011,’ commented UBM Live/Informex global brand director Jennifer Jessup. ‘Having undertaken extensive market research and consulted with regional trade and government organisations, we believe that Singapore will provide an ideal location at which to bring together industry leaders from throughout South East Asia and the global chemical community.’
Coinciding with UNESCO’s International Year of Chemistry 2011 and endorsed by the Singapore Tourism Board (STB), the Singapore Economic Development Board (EDB), and the Singapore Chemical Industry Council (SCIC), Informex Asia is well-supported in its position to serve a rapidly-expanding Southeast Asian speciality chemicals market driven by double-digit manufacturing growth figures in India and China.
‘While developed countries still corner nearly 59% of the speciality chemicals market, the growth in the US and Europe is just 2-3% compared with Asia at 10-15%,’ said Krithika Tyagarajan, research director for chemicals, material, food practice, Asia Pacific at Frost & Sullivan.
Singapore’s intellectual property protection, its support for research and development and corporate tax incentives make it attractive for new investment. Singapore has seen strong growth in end markets such as automotive, construction, electronics, and pharmaceuticals, while the Singapore Economic Development Board is aiming to double chemical industry manufacturing output from S$180bn in 2004 to S$300bn by 2018.1
Dr Magali Bonnier, specialty chemicals manager, A*STAR Institute of Chemical & Engineering Sciences and a key advisor on the Informex Asia launch, concluded, ‘We are very pleased that a global brand such as Informex will be launching in Singapore. Providing a platform for the Southeast Asian fine and speciality chemicals industries to interact is extremely beneficial to the growth of the chemical industry in the region.’
For further information on Informex Asia go to: www.informex.com/asia.
Reference
1. Source: Labour Market Highlights 2010, Ministry of Manpower and Singapore Workforce Development Agency, September 2010
