For Immediate Release

Contact: Ralph Vasami
Kellen Company
rvasami@kellenco.com
212-297-2122

Trade Association Established for North American PET Resin Producers

New York, NY (October 3, 2005)– Six major PET resin manufacturers have announced the launch of the PET Resin Association (PETRA), a trade association formed to promote the growth of PET products and represent all North American PET resin producers

The founding members of PETRA are: DAK Americas, Charlotte, NC; Invista, Wichita, KS; M & G Polymers USA, Houston, TX; Nan Ya Plastics Corporation, Livingston, NJ; Eastman Chemical Company's Voridian division, Kingsport, TN; and Wellman, Inc., Fort Mill, SC.

“PETRA provides the premiere forum through which commercial PET resin producers can focus on issues specific to their industry,” said Ralph Vasami, Esq., who has been named Executive Director of the association. “It is a platform for disseminating information and educating the public about PET products and their value.”

Vasami is a Vice President of the Kellen Company, the association management company selected to provide executive management and administrative services for PETRA. The association will be headquartered in Kellen’s New York City office.

Members of PETRA are currently evaluating a variety of other programs, said Vasami.  Among options being considered are: industry/consumer education programs, an industry statistics program and standards, marketing and promotion and technical programs.

PETRA will also launch its new Web site, www.PETRA.org, shortly .For more information, please contact Ralph Vasami at 212-297-2122.