Seminar on Practical Approach to LME Plastics Risk Management

European Plastics Converters Services, will organize, 'A practical approach to LME plastics risk management', on 22 June, 2006 in Brussels. The seminar in participation with Coriman Consulting Ltd. and the London Metal Exchange (LME), sponsored by Man Financial, Barclays Capital, Natexis Commodity Markets and Société Générale Corporate & Investment Banking, will bring together experts from the plastics industry and from the business world with the objective of informing participants in a practical way about different risk management possibilities. The London Metal Exchange is the world's premier non-ferrous metals market with highly liquid contracts and a worldwide reputation. The seminar provides critical information about plastics risk management. Participants will have the opportunity to hear industry experts and stock brokers from leading companies as they deliver information packed presentations on plastics risk management. The seminar wraps up with a discussion. The following programme highlights are not to be missed: Robert Sheldon, LME business developments, a brief review of the main features of the LME plastics contracts, current developments and ongoing enhancements. John Branton, Man Financial, the reason to use LME prices for pricing physical transactions. Sebastian Castelli, Plastics Analyst, Société Générale Corporate & Investment Banking, what's LME pricing reflecting and what the current pricing mechanisms are doing. David Paul, Director of Global Financial Risk Management, Barclays Capital, a comparison of the effect on margins of the various forward price trading options available on the market today and illustrations of real case scenarios. James Yong, Head of Plastics, Natexis Commodity Ltd., a comparison of hedging in action price-fix hedge and offset hedge to physical pricing. Jean-Luc Fiorenzoni, Managing Director, Coriman Consulting Ltd., a presentation on adopting futures/derivatives related risk management. Thierry Lacorre of Valeo, one of the world's top automotive equipment suppliers, Valeo's interest for LME plastics and approach to develop an LME related risk management operation. The seminar will be held from 9.00-16.00h on June 22, 2006 in Brussels at the EuPC Conference Centre. For more information or to register to the seminar contact Ms Bianka Nagy. Bianka Nagy Avenue de Cortenbergh, 66 B-1000 Brussels bianka.nagy@eupc.org Tel: +32 2 739 63 79 Fax: + 32 2 732 42 18 www.eupc-services.org