PUBLICATION
Global Business Reports
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.
"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.
RELATED ARTICLES MORE ARTICLES
Solid Demand Factors but Political Risk Rising
Mexico Petrochemicals and Chemicals 2018 APLA Pre-Release
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.
ASEAN Overview: GDP Lopsided to the East
Southeast Asia Chemicals 2024
In a growth-starved world, the region plays a demographic card
RECENT PUBLICATIONS
Mexico Chemicals 2025 CW Release
Mexico's chemical industry faces challenges in securing a reliable feedstock supply and maintaining global competitiveness. A shift towards sustainable energy and local production could provide long-term growth opportunities, and some sectors are booming, including Mexico's dynamic chemical distribution market.
MORE PREVIOUSLY PUBLISHED
Mexico's chemical industry faces challenges in securing a reliable feedstock supply and maintaining global competitiveness. A shift towards sustainable energy and local production could provide long-term growth opportunities, and some sectors are booming, including Mexico's dynamic chemical distribution market.
MORE PREVIOUSLY PUBLISHED
MACIG
“Hemos optado por desarrollar nuestro propio software de control de calidad y procesamiento geofísico, ya que preferimos crear nuestras propias soluciones en lugar de depender de un software comercial.”
SUBSCRIBE TO OUR NEWSLETTER
SUBSCRIBE TO OUR
NEWSLETTER
- Get GBR content delivered to your inbox
- Receive industry based news
- Completely free, e-mail only
