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  • Pages
01 Cover
02 Welcome Letter / Sections
03 Section 1: Latin America
04 Latin America Resilience
05 Interview: APLA
06 Interview: S&P Commodity Insights
07 Interview: ExxonMobil Chemical
08 Interview: INEOS Styrolution Americas
09 Sustainability
10 Interview: Tecnon OrbiChem
11 Interview: Pilot Chemical Company
12 Interview: Air Products
13 Industry Thoughts: Decarbonization
14 Section 2: Mexico
15 Mexico Overview
16 Factsheet: Mexico
17 Interview: National Chemical Industry Association (ANIQ)
18 Interview: Braskem Idesa
19 Interview: Grupo Idesa
20 Interview: Evonik Industries Mexico
21 Interview: Unigel Mexico
22 Interview: Helm de Mexico
23 Section 3: Brazil
24 Brazil Overview
25 Factsheet: Brazil
26 Interview: ABIQUIM
27 Interview: Braskem
28 Interview: Indorama Ventures Limited
29 Interview: Elekeiroz
30 Interview: Petrom Petroquímica Mogi das Cruzes S.A.
31 Interview: Ultracargo
32 Section 4: Argentina
33 Argentina Overview
34 Factsheet: Argentina
35 Interview: Argentine Chamber of the Chemical and Petrochemical Industry (CIQyP)
36 Interview: Argentine Petrochemical Institute (IPA)
37 Interview: YPF QUÍMICA
38 Interview: Petrocuyo
39 Interview: Petroquímica Rio Tercero
40 Section 5: Andean Region
41 Andean Region Overview
42 Factsheet: Chile
43 Factsheet: Colombia
44 Interview: Acoplásticos
45 Interview: Chilean Chemical Industry Association (ASIQUIM)
46 Interview: Ecopetrol
47 Interview: Petroquim
48 Factsheet: Peru
49 Factsheet: Ecuador
50 Factsheet: Bolivia
51 Factsheet: Venezuela
52 Section 6: Chemical Distribution
53 Chemical Distribution
54 Interview: Brenntag Essentials Latin America
55 Interview: Univar Solutions
56 Interview: Química Anastacio
57 Interview: GTM Caldic
58 Interview: Pochteca
59 Interview: Tricon Energy
60 Section 7: Logistics
61 Logistics and Services
62 Interview: Leschaco
63 Interview: Vopak
64 Interview: Eurotainer
65 Interview: Stolthaven Terminals
66 Interview: Port of Antwerp-Bruges
67 Industry Thoughts: Logistics Innovation
68 Company Profiles (Sponsored Content)
69 Braskem Profile (Sponsored Content)
70 YPF QUÍMICA Profile (Sponsored Content)
71 Brenntag Profile (Sponsored Content)
72 Evonik Profile (Sponsored Content)
73 Article & Interview Index
74 Credits

WELCOME LETTER

Dear Reader,

Welcome to GBR’s Latin America Petrochemicals and Chemicals 2022 – the latest edition of the special annual publication produced in collaboration with APLA. In this report, we discuss how Latin America’s petrochemical and chemical sectors have faced a challenging global economic and political backdrop in 2022, and how they are preparing for what is expected to be a turbulent 2023. Fueled by high commodity prices and government stimulus packages, GDP in Latam and the Caribbean grew by 6.9% in 2021. However, whether such growth was sustainable in the context of a myriad of macro challenges was questionable. The Russia-Ukraine conflict that began in February 2022 upset an already fragile global supply chain, and as inflation began to ramp up, the backdrop has been set for a potential recession.

As the year has progressed, a surging US dollar has put pressure on Latin America’s chemical supply chain, increasing costs for a region dependent on imports of raw materials. At the same time, rising energy prices globally have highlighted the importance of energy sovereignty.

Despite the headwinds, trends such as the re-regionalization of production chains and the acceleration of the green agenda offer opportunities for a region with abundant natural resources, a large consumer market, and the world’s biggest economy in close proximity. To stimulate the investment necessary to capitalize on these opportunities, cooperation between the so-called ‘pink tide’ of left-wing governments with the private sector is paramount. Braskem Idesa’s agreement with Pemex to construct the US$400 million Puerto Mexico Chemical Terminal in Veracruz in Mexico points to a path forward.

The most notable theme of over 60 interviews conducted for this report has been an industry-wide focus on sustainability. While this used to be the realm of the large producers, now the full value chain is aligned with a push for greener products and carbon emission reduction.

APLA’s 42nd annual meeting in Cancun, Mexico, provides a platform for the industry to share knowledge at this critical moment. APLA is committed to supplying top-value information for the industry’s stakeholders in Latin America and beyond. This special publication, in partnership with industry report specialists Global Business Reports, contains articles, analysis, country factsheets and first-hand exclusive interviews with the most important players across the value chain, and is presented this year in both print and digital interactive formats accessible on the GBR and APLA websites. We hope you enjoy the report, as well as the sessions and networking opportunities at APLA’s annual meeting.

SECTIONS

Background image courtesy of Viajante Dibujero

Section titles image courtesy of Evonik

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Section 1: Latin America