"Across the region, the old model of flying in expats to do the technical job combined with a few locals doing the rest of the work on the ground has to change and has started to change."
"Mines that have been on care and maintenance were brought back into production, and projects in the early development stages have quickly advanced into production, with the yields very high."
"The ethane import terminal is a US$400 million investment that will start up in the second half of 2024. It will allow us to import 100% of our needs to operate the Etileno XXI complex at full capacity.”
"Through our growing network of cGMP facilities across Europe and the US, we aim to continue to translate complex processes and projects at any stage of development into high-value products."
"We established a dynamic drug delivery systems (DDS) company focused on providing a range of effective solutions to optimize the delivery of pharmaceutical products."
"The greening of the economy is going to reach deeply through supply chains, and that will open opportunities for projects with lower environmental impacts and stronger community support."
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.