Mexico Petrochemicals Report 2016 - Business Monitor International - Industry Reports

Mexico Petrochemicals Report 2016

Mexico Petrochemicals Report 2016 - Business Monitor International - Industry Reports
Mexico Petrochemicals Report 2016
Published Dec 19, 2015
73 pages — Published Dec 19, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Braskem Idesa s Ethylene XXI complex is due to begin commercial operations in Mexico in ----, which marks the first new major petrochemicals facility in Latin America for many years and likely to be the only one before the end of the decade. Meanwhile, upstream liberalisation and import gas pipeline expansion will boost the availability of feedstock, ensuring competitiveness in Mexico s petrochemicals industry over the foreseeable future. ...This is partly explained by the lack of feedstock supply to basic chemicals facilities, even in a market that is growing. When it comes into full commercial operation in ----, Braskem Idesa s Ethylene XXI will create -.--mn tpa ethylene capacity, ---,---tpa high-density polyethylene (HDPE) capacity and ---,---tpa low-density polyethylene (LDPE) capacity. Ethylene XXI will cut Mexico s polyethylene imports by ----- , reducing the product s trade deficit by USD-bn--bn. ...� In BMI s Petrochemicals Risk/Reward Index for the Americas, Mexico is in fourth place with a score of --.-, up -.- points since ---- due to an improvement in market conditions and growth in capacity. The planned expansion of the petrochemicals industry is on track and the expansion of feedstock availability via pipelines from the US is providing plenty of upside.

...Sound economic policy under the administration of former president, Felipe Calderon, has continued under Enrique Pena Nieto s new government, supported by an independent central bank. This means Mexico is well placed to register sustainable growth. ...This means Mexico is well placed to register sustainable growth. Large numbers of vehicle and vehicle parts manufacturers relocated to Mexico to gain easier and cheaper access to US markets. This process shows little sign of slowing, and as such we forecast that foreign direct investment (FDI) will increase over our --- year forecast period, provided the government maintains business-friendly policies. ...Large numbers of vehicle and vehicle parts manufacturers relocated to Mexico to gain easier and cheaper access to US markets. This process shows little sign of slowing, and as such we forecast that foreign direct investment (FDI) will increase over our --- year forecast period, provided the government maintains business-friendly policies.

...Businesses are subject to high additional labour costs. These include mandatory fringe benefits such as profit sharing with employees. ...

  
Source:
Document ID
1749-2343
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Mexico Petrochemicals Report 2016" Dec 19, 2015. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Petrochemicals-Report-2016-2026-402>
  
APA:
Business Monitor International - Industry Reports. (2015). Mexico Petrochemicals Report 2016 Dec 19, 2015. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Petrochemicals-Report-2016-2026-402>
  
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