"Remote projects may prefer to isolate and limit the number of external individuals visiting as a precaution to avoid the virus spreading, but they need to maintain their supply chain so drones are a perfect unmanned logistics solution."
SENIOR VICE PRESIDENT – LATAM REGION, VANTAGE SPECIALTY CHEMICALS
“We chose Bogotá as Vantage’s Latam HQ because of its strategic location to serve the region with connection to every single market. The Bogotá office is doing so well that we are now providing some global operations support to our US offices.”
"Covid, climate change and geopolitical disruptions will not disappear soon so we need to continue innovating supply chain solutions, strengthening alliances with core suppliers and customers, developing new suppliers and increasing safety stocks to get us through shortages or logistics problems."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.