Released April 20, 2021 | cordoba, argentina
en
Researched by Industrial Info Resources (Sugar Land, Texas)--The onset of the COVID-19 pandemic had a big impact on the Chemical Processing Industry, and Latin America was no exception. In addition, the region had to cope with political and economic problems, which only made the situation worse. In 2020, only 126 capital chemical projects, worth $747.72 million (USD) had the economic approval to move on to be implemented in Latin America. In 2021, we see a significant increase in the number of projects that expect to be approved. A total of 437 capital chemical projects in Latin America are scheduled to receive funding this year, reaching a total of $3.87 billion.
Although the final total investment approved in the industry this year continues to be uncertain, the high demand of different products originating from the pandemic, and the necessity of meeting these with further investments, may help the actual final number to be higher than that of 2020.
Click here for a list of chemical projects that are up for approval this year in Latin America.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Although the final total investment approved in the industry this year continues to be uncertain, the high demand of different products originating from the pandemic, and the necessity of meeting these with further investments, may help the actual final number to be higher than that of 2020.
Click here for a list of chemical projects that are up for approval this year in Latin America.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
