PUBLICATION
Global Business Reports
APLA Sustainability Special Report 2019
February 16, 2020
As discussed during APLA’s 39th Annual Meeting in Buenos Aires in November 2019, which ended with a keynote speech on innovation, one of the drivers of innovation is actually the challenges, limitations or restrictions that any particular industry faces. In the case of the petrochemicals and chemicals industry, these include the need to reduce carbon emissions as the planet heats up; the efforts to achieve a circular economy, following the failure of different stakeholders to deal with plastic waste; the use of renewable-based feedstock that can even capture carbon emissions; and the health, safety and environmental performance of their products, among others.
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Haldor Topsoe discusses the potential for energy transition in Latin America.
The Mexican Union of Agrochemicals Manufacturers and Formulators (UMFFAAC) describes the main themes impacting its members.
"Preparing the industry to seize the opportunity is crucial. Just as the US experienced stages during the shale boom, Argentina must follow similar steps."
Cristian García of PROCCYT explains the dynamics influencing Mexico’s crop protecting sector.
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Rising exports and a growing middle class bode well for Mexico’s chemical demand, but NAFTA renegotiations, Presidential elections and the slow pace of energy reforms are present concerns.
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It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
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