Global Business Reports
Chemical Week


Mariolga Guyon, Natalia Preciado, Maeve Flaherty, Esteban Camarena, Carola Gómez

Mexico Chemicals 2023 Chemical Week Release

March 06, 2023

Over the first 10 months of 2022, Mexico exported 20% more products to the United States than it did during the same period the year before. The global trend towards regionalization is lifting the entire Mexican industrial sector, but for the chemical industry in particular, 2022 was a year of nearshoring-driven growth. 

The persistent shortage of raw materials that constrained the industry over the past several years, however, remains a challenge. Feedstock insufficiencies were exacerbated by continuing logistics challenges and burdensome government regulation. The proposed electricity reform, which will raise energy costs, and reform to the General Health Law, which will ban vital crop protection chemicals, remain an ongoing threat.  

The trend observed across the industry has been a focus on ensuring adaptability and flexibility through strengthened processes. Companies invested in the incorporation of digital technologies, the regionalization and diversification of supply chains, and investment in improved energy efficiency and resource management. 2022 was a year of transition, during which companies all along the industry value chain implemented new systems in response to the difficult lessons of the previous two years. The Mexican chemical industry of 2023 is technologically advanced and operates in a progressively more sustainable manner. After the intensive investment in operational agility implemented over the past year, the Mexican chemical industry is prepared to jump upon the new investment that will continue to flow into Mexico as nearshoring gains momentum.


Haldor Topsoe discusses the potential for energy transition in Latin America.
The Mexican Union of Agrochemicals Manufacturers and Formulators (UMFFAAC) describes the main themes impacting its members.
Cristian García of PROCCYT explains the dynamics influencing Mexico’s crop protecting sector.
FMC discusses the rise of sustainable products which have minimal residues on crops.


MINPER 2023 - Perumin Official Investment Guide (Spanish Print Version)

GBR's MINPER: 2023: Official Investment Guide for Perumin, produced in strategic collaboration with the Peruvian Institute of Mining Engineers, delves into the themes impacting the Peruvian mining industry, based on over 130 interviews with leading executives from major producers, associations, juniors, consultants, and service providers, to provide a holistic analysis.



"Miners and contractors need to look at the full picture, putting into balance quality, governance, sustainability, and a lower total drilling cost against cheaper but uncompliant tools."