"Our alliance with Rezel marks a significant step for Quimi Corp, enabling us to bring cutting-edge catalysts to the Mexican oil market and solidify our position through strategic innovation."
"In Latin America, there is significant potential for green ammonia and hydrogen projects, however, the full-scale development of these will depend on market demand."
"In the pharmaceutical sector, we continue adding new products to our portfolio to service the private and government sector in the synthesis, APIs and excipients fields."
"We continue with our strategic plan to take advantage of the nearshoring trend. We recently established a tolling arrangement to produce goods for export to the US and, further down the line, for the domestic and North LATAM markets."
"Realistically, Latin America is "lagging" the US and Europe in the energy transition. However, many initiatives are underway, mainly leveraging the availability of resources like biomass, wind, and solar energy."
"In the next 12 months, we aim to solidify our presence in Mexico. After that, we will assess whether to expand into Colombia or Brazil with physical offices and warehouses."
"We have a lot of experience in doing business in high inflation countries as well as managing fluctuations in market demand due to political and economic instability."
The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.