VICE PRESIDENT, ENERGY AND RENEWABLES, CHEMICALS AND MATERIALS, SINGAPORE ECONOMIC DEVELOPMENT BOARD (EDB)
"Last year, Singapore attracted close to US$9.6 billion in fixed asset investments; interestingly, the energy and chemical sector led the way, accounting for 35.6% of the total FDI."
VICE PRESIDENT, CHEMICAL SPECIALTIES LIMITED (CSL)
"As a manufacturing service provider for multinationals we are privileged to have become an important business partner as they redraw their supply chain footprint and build local capacity."
"Nearshoring is nothing new to Mexico, where for many years Tier 1 and Tier 2 companies, especially in the automotive and aerospace sectors, established a presence in Mexico."
"As industries and customers diversify their presence in Asia, I would like to position BASF as the main growth partner and innovator in this transition."
EXECUTIVE VP, HEAD OF GOVERNMENT & PUBLIC AFFAIRS APAC, SINGAPORE COUNTRY DIRECTOR, SYENSQO
"Syensqo has revised its targets, committing to become carbon-neutral by 2040, rather than 2050, and to achieve 18% of our sales from fully circular solutions by 2030."
"We also expect to see a boom in renewables. 2030 is only six years away, leaving a short timeframe to invest and execute projects that will allow Malaysia to meet its carbon commitments."
"Ineos is committed to the Indonesian market, and our assets remain consecrated to the needs of the domestic market. In the future, we may look beyond PTA into more downstream molecules."
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.