Dear Reader,

Latin America’s petrochemical and chemical industries are at a challenging moment of transformation. Companies are balancing growth, sustainability and resilience in an increasingly complex global environment. To navigate this, from Mexico to Chile, businesses are seizing opportunities to innovate, invest in high-value portfolio diversifications, and enhance efficiency across production, distribution and logistics.

2025 has highlighted both hurdles and strategic progress. While producers face continued pressure from global oversupply and market volatility, distributors and traders are thriving, expanding portfolios, entering new markets, and investing in digitalization, predictive logistics and infrastructure upgrades. Chemical companies are increasingly prioritizing sustainability – from biofuels and recycling to specialty chemicals – as an integral part of growth strategies, demonstrating that environmental responsibility and operational excellence can go hand in hand.

Technological innovation is central to the sector’s evolution in the region. Digital twins, AI-enabled logistics, advanced port and terminal upgrades and ISO tank adoption are transforming supply chains, improving efficiency and supporting long-term resilience. At the same time, local expertise and proximity to customers are enabling companies to adapt rapidly to shifting market and regulatory dynamics, strengthening their competitiveness in both regional and global markets.

The vision is clear: a Latin American petrochemical and chemical sector that drives economic growth, advances sustainability and positions the region as a hub of innovation, technological capability and, crucially, industrial resilience.

From Global Business Reports and APLA, we want to thank all the companies and industry associations for their insights and collaboration during the research of this edition of our Latin America Petrochemicals and Chemicals report, officially launched at the APLA’s 45th annual meeting in Cancún. We hope you enjoy the read, and that you have a very productive annual meeting in the beautiful Yucatán Peninsula.