"We need to reimagine the chemical industry in Mexico to support an existing US$40 billion market with enormous growth potential to benefit from the geographical position of the country."
"As an association, we will continue with our various social and technological programs, but our foremost priority for the year is to continue our work in the regulatory arena."
PRESIDENT, ASOCIACIÓN NACIONAL DE FABRICANTES DE PRODUCTOS AROMÁTICOS (ANFPA)
"Recent trends have continued and people are more conscious about their wellbeing in a holistic way. These trends continue to provide opportunities in both flavors and fragrances."
"In 2022, the industry experienced shortages, but these shortages benefited TCP. Our clients needed to look for different products, and we were able to help them find what they needed."
"We aim to maintain and expand our market share as the leader in Canada and the US and increase our market share in Mexico. We also want to continue growing in Central and South America."
"Our current focus in the Valent Group Companies, is the acquisition and production of biorational pesticides and bio-stimulants that support the organic growth of our portfolio and be therefore aligned with Sumitomo Chemical sustainability goals"
MANAGING DIRECTOR - LATAM NORTHERN & SOUTHERN TIERS, CRODA
"In the last years, Croda has made very important acquisitions in the life sciences sector to consolidate its presence in the pharma and agro markets."
VICE PRESIDENT PRODUCT LINE MANAGEMENT NORTH AMERICA, NEXEO PLASTICS
"We have invested significantly in our team to provide services not just within Mexico but to be sufficiently agile in the international import and export businesses."
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.