Alpek’s main competitors in the production of Purified Terephthalic Acid (PTA) are INEOS and Indorama. Regionally, Alpek is a power in this production. According to estimates by the British consulting firm Wood Mackenzie, Alpek had a 49% share of PTA installed capacity in the Americas region at the
Flex, formerly known as Flextronics, recorded more sales in Mexico than in China in fiscal year 2024. For the year ended March 31, Flex reported sales of US$26.415 billion worldwide. Of this total, sales in Mexico had a 26% share, placing it in first place. This was followed
Chemical exports from Mexico to the world totaled $14.481 billion dollars in 2023, a 7.5% drop compared to 2022, according to Inegi data. In this sector, Mexico exports commodities, plastics, medicines, resins, fertilizers and specialty products. Its chemical exports registered a compound annual growth rate of 6.4% in
China has taken a number of steps to support the circular economy through its legal framework, according to a World Trade Organization (WTO) report. To begin with, the 2009 Regulations on the Administration of the Recovery and Disposal of Electrical and Electronic Waste laid the foundation for a
By a wide margin, the United States remained the world’s largest chicken meat producer in 2023. At a year-on-year rate, its production grew 0.5% from 2022 to 2023, reaching 21 million 095,000 tons. This volume is based on “ready-to-cook” equivalency, according to USDA data. Previously, U.S. chicken production
Multiple banking attracted 4.713 billion dollars of Foreign Direct Investment (FDI) in Mexico during the first quarter of 2024. What services does commercial banking offer? A variety of financial services, such as loans, credit cards, savings accounts, investment management and insurance. In all of 2023, these banking institutions