PUBLICATION

Global Business Reports

AUTHORS

Alice Pascoletti, Alfonso Tejerina, Lina Jafari, Ben Cherrington, Lucrezia Falcidia, Mariolga Guyon

Latin America Petrochemicals and Chemicals 2020

November 09, 2020

The need for efficiency and competitiveness has done nothing but accelerate with the Covid-19 pandemic, a crisis that has plunged the global economy into recession and has created some asymmetrical developments for the chemicals industry. While demand for cleaning, health, food safety and agriculture-related chemicals has remained strong and even grown significantly in some cases, some other industries, like aviation, automotive and construction, have been deeply hit by the crisis, especially during the second quarter of 2020. 

The coronavirus crisis has highlighted the importance of the chemicals industry on several fronts: first, governments have realized it is an essential activity that feeds other industries, maintaining the minimum operational levels a country may need, even during strict lockdowns. Secondly, it has become apparent that the chemicals sector is key to tackle the virus and assure people’s safety, improving public perception of the industry. 

RELATED INTERVIEWS MORE INTERVIEWS

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.
Cristian García of PROCCYT explains the dynamics influencing Mexico’s crop protecting sector.
FMC discusses the rise of sustainable products which have minimal residues on crops.

MACIG

Ramoth Services supports mines with engineering and construction in Ghana.

SUBSCRIBE TO OUR NEWSLETTER