In the wake of Argentina’s historic change in government, the discovery of huge shale oil and gas resources and the consequent focus for private investment in hydrocarbons and raw materials downstream, the country’s chemical market shows promising projections of expansion on the horizon.
Since his December 2015 election, President Mauricio Macri has focused on economic reforms which should transform Argentina into a more attractive destination for investors. Beyond the potential that the Vaca Muerta shale development could have on the country’s petrochemicals sector, the agrochemical industry is also set to rocket to support the growth in crop production for export for a hungry planet, while a growing middle class, both domestically and around Latin America, will require increasing ammounts of chemical products which Argentina is well positioned to supply.
This report aims to highlight the opportunities and challenges across Argentina’s chemical sector as the country repositions itself on the map for international investors.