FOUNDER AND GROUP CEO, INDORAMA VENTURES PUBLIC COMPANY LIMITED (IVL)
"Despite being the largest PET producer globally, Indorama Ventures only captures about 1% of a very fragmented market, which is worth about US$2 trillion. There is plenty of room for growth."
"Our main goals over the next year are to deliver smart and profitable growth in solution and specialties, prepare our sites for the next investments, and advance our roadmap to becoming fully circular."
CEO, MIDA (MALAYSIAN INVESTMENT DEVELOPMENT AUTHORITY)
"There are clear ambitions to expand beyond the current focus on commodity products as industry players develop more complex, specialty downstream chemicals."
"We believe that the successful chemical distributor of the future needs to be truly digital and Pochteca is investing heavily to be at the forefront of this trend."
"In 2023, we anticipate growing our market reach by double-digits and developing new products, which will be largely driven by the expansion of the Mexican market, as well as our focus on bolstering the paper, mining, and agriculture sector through the use of our products."
CEO AT MMC OIL AND GAS ENGINEERING & PARTNER TO DORIS MMC SDN BHD
"We are the only tier-one, premier design engineering consultancy company that is fully local, amidst other established internationally known design engineering consultant houses."
"We need to reimagine the chemical industry in Mexico to support an existing US$40 billion market with enormous growth potential to benefit from the geographical position of the country."
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.