"As momentum for new energies, hydrogen, ammonia, and sustainable feedstocks grows, we see a bigger interest in infrastructure for storing these products – this will be a big part of our growth."
"Normet is focused on bringing battery electric vehicles to the Brazilian market, as we believe there will be a high demand for battery-powered equipment due to companies prioritizing decarbonization."
"Following the Mariana incident, the mining industry focused on the importance of ESG and geotechnical safety. Thus, we decided to concentrate on enhancing our geoenvironmental and geotechnics business unit in Brazil."
VP OLEFINS AND POLYOLEFINS – SOUTH AMERICA, BRASKEM
“Sustainability, in all its forms, is not a passing trend – it is a megatrend. This is where we’ve directed most of our investments. Over the last year, we increased our green ethylene production from 200,000 tons/year to 260,000 t/y.”
"Our Ferro Potiguar project will use dry stacking systems and will probably be the first iron ore project in the country to use recycled water in its operations."
"Brazil is the fourth largest fertilizer consumer in the world, yet it is the most dependent country on fertilizer imports; 85% of the fertilizer consumed in 2021 was imported."
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.