PUBLICATION
Global Business Reports
Trindad & Tobago Chemicals 2014
January 08, 2014
Trinidad and Tobago is the industrial engine of the Caribbean, fueled by its oil and gas resources and sustaining a chemical hub that ranks among the world’s finest. Yet the island nation faces challenges: an increased dependence on unconventional petroleum reserves; increased competition from US shale gas; and a need to evolve its chemical output towards more value-added products. Trinidad and Tobago is in a time of transformation, as it seeks to redefine its role in a changing global chemical market.
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"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."
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