Reacciones Químicas explains how it is preparing for new regulations restricting the use of VOCs in Coatings in Mexico and how the pandemic has impacted the market.
“The two challenges of digitalization are how to manage the substantial high number of transactions and how to manage the distribution channels. Having a nice website or platform is useless if you cannot deliver.”
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.