Henkel opened a hot melt adhesive factory in the municipality of Guadalupe, Nuevo León, in Mexico, with an investment of 33.2 million euros. Henkel is a commercial and industrial chemicals company headquartered in Düsseldorf, Germany, and manufactures products at 174 sites in 56 countries. Its largest production facilities
Brazil registered soybean exports to Mexico for a customs value of 298 million dollars from January to May 2022, a year-on-year increase of 4.6 percent. With this, soybean exports in that direction registered a record for a similar period, according to data from the Ministry of Industry, Foreign
China and Vietnam dominated the world’s phone exports in 2021, with a joint share of 51.7 percent. While China’s phone exports were 226,655 million dollars (37.9% of the world total), those corresponding to Vietnam added 82,481 million dollars (a coverage of 13.8 percent). Despite the severe impact of
TSMC plans to invest 2.8 billion dollars in China to increase the production of semiconductor chips used in automobiles, the United Nations Conference on Trade and Development (UNCTAD) said. Worldwide auto unit sales grew 3% in 2021, buoyed by a strong recovery in final demand but capped by
The world’s two largest cocoa exporters –Ghana and Côte d’Ivoire– are working together to try to improve the terms of trade for their cocoa and thus increase the income of their cocoa farmers. In 2020, these countries jointly introduced a premium of $400 per tonne (the so-called subsistence
Investment in Mexico has remained weak, according to a report by the Organization for Economic Cooperation and Development (OECD). In general, the expansion projection for the Mexican economy is 1.9% in 2022 and 2.1% in 2023. Consumption will be favored by a gradual improvement in the labor market,