How significant will energy reform be to industry, and is there a drop in energy costs on the horizon?
How significant will energy reform be to industry, and is there a drop in energy costs on the horizon?
Mexico is the world’s largest producer of silver and a top-10 producer of a number of minerals including copper, lead and zinc. Gold, which comprises about one-quarter of Mexican mining production, is the industry’s most important segment. The industry produced about $23bn in 2013 and attracts a significant amount of investment, about 70% of...
The petrochemical industry stands to be one of the biggest beneficiaries of Mexico’s energy reform, as the measures are expected to liberalise the market for natural gas, on which Mexican petrochemical plants depend. Today, the industry is hamstrung by an inadequate supply of natural gas, which has sapped its competitiveness and fuelled Mexico...
More than at any point in the last 15 years, Mexican industry is today able to compete with China as a low-cost manufacturing alternative, and with high-income markets as a viable location for outsourcing sophisticated manufacturing. If Mexico is to revitalise its economy after nearly flat growth in 2013, manufacturing, a pillar of the economy...
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