Market Brief
Colombia's Chemical Producers Shift to Maintenance Amid COVID-19, an Industrial Info Market Brief
Colombia's chemical producers are struggling to maintain operational levels with only necessary personnel on site and administrative personnel working remotely
Released Thursday, May 28, 2020
Colombia's chemical producers are struggling to maintain operational levels with only necessary personnel on site and administrative personnel working remotely. They are focusing on maintenance and delaying many capital investments to the second half of 2020 or even to 2021.
Henkel has delayed an expansion project at its Sibate Adhesives Plant in Cundinamarca state until market conditions stabilize, and many other Colombian companies are following suit.
Industrial Info is tracking more than $140 million worth of active projects at chemicals plants in Colombia. Click here for a list of related projects, and see graph below for a breakdown by industry sector.
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