"By investing in smart technologies and systems, Henkel Thailand is leveraging digitalization and Industry 4.0 technologies to strengthen its manufacturing excellence."
"Companies across China are transferring segments of their business to Thailand, a top choice among Chinese automakers and component manufacturers, with Vietnam, the Philippines, and Indonesia gaining new investments as well."
SENIOR PARTNER, HEAD OF ASIA CHEMICALS AND COMMERCIAL EXCELLENCE PRACTICES, BAIN & COMPANY
"A lot of the requests we receive from our clients are around doubling down on costs, becoming more efficient in conversion, produce higher grade polymers, and commercial excellence."
SOUTHEAST ASIA AREA DIRECTOR, OILFIELD SERVICES AND EQUIPMENT (OFSE), BAKER HUGHES
"Demand is growing every year. This is driven by the fact that most Southeast Asian countries struggle to meet annual production targets, creating a gap for improvements."
"Being able to service this region from Singapore plays out as a significant advantage for us. With the future growth potential of China in question, I believe Southeast Asia will be the beneficiary."
"By providing recycled PLA, we help our customers design their products for recycling, while significantly lowering the carbon footprint of the end product."
"The major theme over the past year has been on cost-value, but this year, we see a change; while costs remain a main contention point, we also note greater attention paid to sustainability and precision nutrition."
The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.