EXECUTIVE DIRECTOR, ARGENTINE CHAMBER OF THE CHEMICAL AND THE PETROCHEMICAL INDUSTRY (CIQyP)
"We expect positive news in chemical and petrochemical investments between 2025 and 2030, driven by domestic demand and a sustainable supply of natural gas and liquid gas."
"Realistically, Latin America is "lagging" the US and Europe in the energy transition. However, many initiatives are underway, mainly leveraging the availability of resources like biomass, wind, and solar energy."
"In the current gold price environment, when operators have the capital to spend on putting new mines into production and expanding existing mines, there is tremendous organic growth."
EXECUTIVE DIRECTOR, INSTITUTO PETROQUÍMICO ARGENTINO (IPA)
"Preparing the industry to seize the opportunity is crucial. Just as the US experienced stages during the shale boom, Argentina must follow similar steps."
"Grupo Reno has a very well-established position in Chile and Peru, and we want to further strengthen our position in Paraguay and then start building a footprint in Colombia."
"2022 was a record production year, which is a key milestone: For the first time, we reached 1.4 million tons of granulated urea, which is above the designed plant capacity."
Mexico's chemical industry faces challenges in securing a reliable feedstock supply and maintaining global competitiveness. A shift towards sustainable energy and local production could provide long-term growth opportunities, and some sectors are booming, including Mexico's dynamic chemical distribution market.