"Our commitment is to be well prepared for macro-economic challenges such as exchange rate fluctuation and inflation while managing supply chain disruptions and price corrections."
"We need a strong, robust, competitive and sustainable chemical industry in Mexico to capitalize on this regionalization and advantages such as the United States-Mexico-Canada Agreement (USMCA)."
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.