"The ongoing digital transformation is a pivotal trend in our industry. We remain at the forefront of innovation, constantly refining our digital tools and platforms."
"The main problem of the chemical industry when it comes to offshoring is that it is a capital-intensive industry and the establishment of new operating units is very complex."
"The super peso has been a major challenge for importers and exporters. However, paints manufacturers have benefitted from relatively lower raw material costs."
EXECUTIVE DIRECTOR, ASPRI (ASSOCIATION OF PROCESS INDUSTRY (ASPRI)
"Recent trends in the process industries have been characterized by significant transformations, driven by technological advancements, sustainability goals, and regulatory changes."
"Being able to service this region from Singapore plays out as a significant advantage for us. With the future growth potential of China in question, I believe Southeast Asia will be the beneficiary."
VICE PRESIDENT VALUE CHAIN DEVELOPMENT, RENEWABLE POLYMERS AND CHEMICALS, NESTE
"By replacing fossil raw materials in the polymers and chemicals industry with Neste’s bio-based feedstoc, we can reduce GHG emissions by more than 85% over the life cycle."
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.