"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."
GLOBAL COMMERCIAL HEAD, CHEMICAL BU, THERMAX LIMITED
"We aim to make our products affordable and accessible to customers in SEA by partnering with local distributors, except in Indonesia, where we will employ a direct market strategy, given the similarity in customer buying behaviors to India."
"We are following closely the evolution of sustainability policies in the region, as more governments become more aware of sustainability imperatives."
"Among our customers, we note a heightened awareness of preventative safety practices. Also, OURAY see a lot of growth in those exceedingly hazardous chemicals such as fluoridated and brominated materials."
"Our push towards sustainability is the common theme of all investments. We want to create a global network of integrated businesses with multiple synergies."
MACIG
SPANISH
SUBSCRIBE TO OUR NEWSLETTER
RECENT PUBLICATIONS
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.