PUBLICATION

Global Business Reports

AUTHORS

Alice Pascoletti, Matthias Lomas, Alfonso Tejerina

Latin America Petrochemicals and Chemicals 2018 APLA Special Edition

October 30, 2018

The last few years have seen a drastic transformation of the dynamics in Latin America’s petrochemical and chemical industries. The shale gas revolution in the United States, and the subsequent investment wave that followed, is already generating sizeable flows of product toward Latin American markets. While regional demand is expected to remain solid, Latin America’s petrochemical industry has not been able to develop accordingly due to a variety of factors including political and economic instability, the volatility of oil and gas prices, and infrastructure bottlenecks. 

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MACIG

"Zambia indeed deterred many investors due to multiple policy shifts in the mining tax regime that showed no consistency. However, since 2021 and with a new government in place, we have seen more stability as well as investor-friendly policies."

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