Plastics leaders predict growth and investment in Mexico

By Stephen Downer
Correspondent

Published: April 4, 2014 12:56 pm ET
Updated: April 4, 2014 1:01 pm ET

Image By: Stephen Downer Francisco de Caso PelŠez

Related to this story

Topics Machinery Mexico Latin America
Companies & Associations Anipac

MEXICO CITY — Mexico’s plastics industry is likely to invest US$500 million in new equipment and raw materials this year, triggering a 6 percent growth in the sector, according to one of the two candidates seeking election as president of national plastics industry association Anipac.

The sector had sales of US$23 billion in 2013, Carlos Alberto Saldate Paton, a former president of Anipac’s recyclers section, said at an April 1 news conference to promote his candidacy ahead of the April 8 ballot.

He insisted the association, which has 232 member companies, requires a change of direction, “a new perspective that leans towards sustainability and a strengthening of the association.”

In other comments, Saldate Paton said one of the biggest benefits the plastics industry would gain from Mexico’s energy sector reform, approved by Congress’s upper and lower chambers last year, was cheaper electricity. “Electricity in Mexico is 28 percent more expensive than in the United States.”

His election rival, Francisco de Caso Peláez, a plastics processor, told Plastics News by telephone that the energy reform represented a “great opportunity to push the industry forward” through lower electricity prices.

He said he wants to double the number of plastics processors within Anipac — currently there are only 50 — and he said he would do this by approaching potential members directly, rather than by telephone.

“Face-to-face communication is vital. I have always believed this. In Anipac we have a good product and we have to show people the benefits of joining.”

“I believe my ticket is excellent, proven and successful,” he said. “We have four women on the ticket. It’s a very young ticket with a great deal of experience.”


Comments

Plastics leaders predict growth and investment in Mexico

By Stephen Downer
Correspondent

Published: April 4, 2014 12:56 pm ET
Updated: April 4, 2014 1:01 pm ET

Post Your Comments


Back to story


More stories

Image

Uponor sells plastic pipe machinery business to focus on core units

March 30, 2015 2:13 pm ET

Uponor Corp., the Finland-based maker of plastic pipe systems for plumbing, underfloor heating and cooling and infrastructure, announced March 30...    More

Image

Haitian aims to revolutionize US molders' purchase process

March 27, 2015 9:00 am ET

Haitian International Holdings Ltd. (Booth W3683) is introducing new machines to North American molders with four presses on display at its large...    More

Image

Techmer PM planning new compounding plant

March 26, 2015 3:30 pm ET

As crowds gathered around their 3-D-printed Shelby Cobra sports car, Techmer PM officials revealed that the firm will open a new materials plant in...    More

Itech South buys 7 Negri Bossi presses

March 26, 2015 4:51 pm ET

Itech South, part of Injection Technology Corp., bought seven Negri Bossi injection molding presses, equipped with Sytrama robots, at NPE 2015.    More

Image

Uniloy Milacron, 20/20 ink massive structural foam press sale at NPE

March 26, 2015 4:19 pm ET

20/20 Custom Molded Plastics Ltd. bought four Uniloy Milacron structural foam machines, in a deal signed March 25 at NPE 2015.    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