Latin America's Pharma Companies Invest to Reduce Environmental Impact

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Researched by Industrial Info Resources (Sugar Land, Texas)--Pharmaceutical companies in Latin America are embracing the global trend of having production plants with the least possible environmental impact.

Major pharmaceutical companies are taking actions to address climate change and gain a sustainable future. At present, they are planning on implementing undertakings that help reduce greenhouse emissions, mainly carbon dioxide, and making efficient use of resources. In order to achieve this, companies are analyzing different technologies and equipment that can either use clean energy or capture emissions, but the high cost of these technologies is a crucial factor.

Industrial Info is tracking six active projects worth US$9.5 million related to the installation of photovoltaic solar panels at pharma-bio plants in Latin America, with four out of the six projects in Brazil (almost US$6 million) and the other two in Mexico (US$3.5 million). Subscribers to Industrial Info's Global Market Intelligence (GMI) Pharmaceutical & Biotech Project Database can click here for a list of detailed project reports.

Industrial Info also is tracking 51 projects worth almost US$127 million for the installation of equipment and technology that will help with energy efficiency. The majority of these projects take place in Brazil, with 35 projects worth US$95 million. Costa Rica is home to four projects worth US$10 million, followed by Mexico with five projects worth US$9.5 million. Subscribers can click here for a list of projects.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).