Anipac head urges Mexico to help plastics sector

By Stephen Downer
Correspondent

Published: February 7, 2012 6:00 am ET

Related to this story

Topics Public Policy, Materials, Suppliers

MEXICO CITY (Feb. 7, 1:35 p.m. ET) — The leader of Mexico’s plastics industry has urged the government to make development of the sector a priority and criticized successive governments for failing to do so.

“It’s truly difficult to understand how a petroleum-producing nation (such as Mexico) can have a deficit in the production of a petrochemical product that gives so much added value to society,” Eduardo Martínez Hernández, president of industry association Anipac (Asociación Nacional de Industrias del Plástico AC), said in a news release Jan. 6.

Mexico’s petrochemicals industry has the capacity to supply only 3.2 million metric tons (67 percent) of the 4.8 million metric tons of resin used in the production of plastic goods in the country every year, he added.

“A lack of government vision at all levels in Mexico has ignored the potential added value generated by the production of a plastic article,” Martínez said.

He pointed out that a barrel of crude oil sold for $100 can become $1,000 by transforming it into a plastic resin and $3,000 when the resin is used to make a finished product.

He called on the state oil company Petróleos Mexicanos (Pemex) and the ministries of energy and economy to make “the development of the plastics sector, which potentially is so relevant to the country’s economy, a priority.”

Other countries have realized the potential of plastics and developed their plastics industries accordingly, he said.

Mexico’s plastics industry comprises between 4,200 and 4,500 companies that employ 160,000 directly and another 800,000, according to Martínez.


Comments

Anipac head urges Mexico to help plastics sector

By Stephen Downer
Correspondent

Published: February 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Polypropylene prices rise, while PE and PS fall

February 26, 2015 4:01 pm ET

North American prices for polyethylene and polystyrene resins continued to fall in February, while regional prices for polypropylene showed a...    More

Image

NFM Welding Engineers opens direct office in China

February 26, 2015 2:05 pm ET

MASSILLON, OHIO — Extrusion equipment manufacturer NFM Welding Engineers Inc. has opened a sales office in Dalian, China.    More

Image

Price and sustainability both key to success for carpet recycler

February 26, 2015 1:28 pm ET

DALLAS — A green message will get you in the door, but ultimately that sustainability message has to be backed up with quality at the right...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Image

Expert says more action needed to solve ocean plastics problem

February 25, 2015 5:59 pm ET

DALLAS — Private companies are going to have to step up to the plate and open their wallets if the world ever wants to solve the growing problem...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events