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"Ineos is committed to the Indonesian market, and our assets remain consecrated to the needs of the domestic market. In the future, we may look beyond PTA into more downstream molecules."
"Being able to service this region from Singapore plays out as a significant advantage for us. With the future growth potential of China in question, I believe Southeast Asia will be the beneficiary."
"Salim Agro has doubled its size in the last decade and we anticipate further growth coming from two key pillars: the increased usage of crop protection in the domestic market, and capturing more export markets."
"Within the next two years, we will open a new production facility to produce Neo-Pentyl Glycol (NPG), which uses IBA as a raw material. With these investments, we anticipate the value of PT PON to increase tenfold."

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Mexico Chemicals 2024

In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.

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