To unleash the potential of the chemical and petrochemical industry, natural gas produced in Mexico, a better regulatory policy and the supply of raw materials are required, considered José Carlos Pons, president of the National Association of the Chemical Industry (ANIQ).
“To unleash the potential of the chemical industry, it is necessary to guarantee sufficient supply of natural gas produced in Mexico, as well as ensure a supply of raw materials, and consolidate a regulatory policy that encourages investment and competitiveness in the sector,” commented the business representative.
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“With the proposals that we present today and through the coordinated work between the Government and ANIQ, we will build a strong, modern and sustainable chemical industry, which promotes inclusive economic growth and shared prosperity for Mexico,” he expressed.
The reliable and competitive supply of raw materials will reactivate more than 30 percent of the idle installed capacity of the chemical industry in Mexico, said the businessman within the framework of the 57th National Forum of the Chemical Industry.
The Forum brought together officials, businessmen and national and international experts to analyze the new global environment and the challenges facing the national petrochemical industry.
The industrialist highlighted that this framework represents an opportunity to define the implementation of Plan Mexico in terms of competitive development of the petrochemical industry and strengthen its role in the national economy.
“Our industry is a key piece in the supply chain of countless productive sectors. It is the engine of economic growth, a generator of employment and a fundamental basis for the national and international economy,” said José Carlos Pons.
He pointed out that the chemical-petrochemical industry is one of the most global and strategic sectors in the world, with international trade exceeding 2 trillion dollars annually and a contribution close to 7 percent of the world’s GDP, which reflects Mexico’s potential to fully integrate into this global dynamic.
Jesús Sáenz, vice president of ANIQ, highlighted the relevance of the meeting as a space for reflection and collaboration aimed at strengthening the competitiveness of the Mexican chemical industry.
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He stressed that the chemical industry is a pillar of global growth and a supply base for more than 95 percent of the country’s productive sectors, from plastics and fertilizers to the pharmaceutical, automotive, mining, agricultural, textile and personal care industries.
The business representative highlighted that in 2024 a production of 21 billion dollars will be generated, equivalent to 1.7% of Mexico’s GDP.
Álvaro Fernández, president and general director of Alfa, explained the relevance of turning Pemex into the engine of industrial development and of having a clear and modern regulatory framework that gives certainty to all industry participants.
