Abiquim discusses the outlook for Brazil’s chemical industry and the implications of the government’s economic reforms, including the ‘New Gas Market’.
"The Nigerian Government has made several attempts to make gas utilization a separate component from oil. The delay of the PIB has slowed that down as there is no gas legislation that has clearly set out how to explore, issue licenses, produce and then monetize gas."
Dorman Long is fortunate to run a diversified business. Whilst the fabrication and galvanizing businesses have ground to a halt, the maintenance business endures so that at least a fair number of our staff are still kept busy and there is some continuing economic activity.
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.