Latin America Reports
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Argentina’s Economic Star Re-Emerges
Argentina seems to have emerged from its latest economic crisis, issuing new bonds to cover 99 percent of its national debt, which was in default since May 2018Charles W. Thurston, Latin America Correspondent 10.08.20
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Mexican Auto Industry Begins Recovery
Mexico’s automotive industry is making a slow restart at recovery, posting gains beyond earlier predictions, based on regional demand, resumed production lines, and a continued flow of new investment. Figures from the national statistics age…Charles W. Thurston, Latin America Correspondent 09.07.20
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Puerto Rico Focuses on Tourism for Recovery
Puerto Rico is focusing much of its recovery efforts on the development of tourism infrastructure and housing in hopes of putting both Hurricane Maria and COVID-19 behind it. Maria hit more than 786,000 homes on the island in September 2017, killing…Charles W. Thurston, Latin America Correspondent 08.10.20
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Colombia Braces for Recovery
Colombia prepares for economic recovery from the impact of COVID-19, with restart of construciton projects and infrastructure investment funds.Charles W. Thurston, Latin America Correspondent 07.06.20
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Mexico Auto Production Crumbles Under COVID-19
Mexico’s status as the world’s sixth-largest auto maker may erode sharply this year as a result of the COVID-19 pandemic.Charles W. Thurston, Latin America Correspondent 05.13.20
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Peru Investment Plan to Boost Demand
As government debts grows smaller, revenues will rise, and a broad new spending plan should boost further growth.Charles W. Thurston , Latin America Correspondent 04.15.20
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Brazil Emerges as Regional R&D Center
A host of international manufacturers in the market have opened or expanded R&D operations over the past year.Charles W. Thurston, Latin America Correspondent 03.13.20
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Lanxess Continues Latin America Investment Drive
Lanxess announced a new investment in Brazil that will increase its manufacturing presence in that country, as well as the region, permitting local sourcing for a growing demand for biocidal additives in the paint and coatings market. The acq…Charles W. Thurston, Latin America Correspondent 01.20.20
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Brenntag Expands Assets, Sales in Latin America Network
Brenntag AG is once again expanding its pan-Latin America network, this time with the addition of Brazil’s Quimisa SA, including the logistics subsidiary Quimilog Transportes e Logística Ltda. Quimisa is a distributor of about three d…Charles W. Thurston, Latin America Correspondent 12.11.19
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Brazil’s Abrafati Breaks Records with 2019 Show
Abrafati logged a 40 percent increase in exhibitors this year – up to more than 10,000 – in Sao Paulo, of which about 40 percent were international.Charles W. Thurston, Latin America Correspondent 11.11.19
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Mexico Boosts Oil & Gas CapEx and Maintenance Spending
The demand for new industrial coatings, as well as corrosion-control and other maintenance coatings, is expected to rise with the increased spending.Charles W. Thurston, Latin America Correspondent 09.30.19
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Cuba Market Expands with Hotel Development
Cuba’s long-closed market has begun to open more rapidly as the tourism industry grows and brings more revenue to the island. More than 4,000 new hotel rooms are being built this year, mostly in the capital of Havana, where there are already…Charles W. Thurston, Latin America Correspondent 09.03.19
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Eastman Bullish on Latin America, its Environment, the Arts
In Latin America, Eastman sales were up 14 percent to $588 million, leading all other geographies in percentage growth.Charles W. Thurston, Latin America Correspondent 08.09.19
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Peru Market Strengthens on Private Investment
The Peruvian market is strengthening, with its estimated four percent gross domestic product growth rate steady, and a rising count of international investments in major projects. While much of the new construction in the country will surround infras…Charles W. Thurston, Latin America Correspondent 07.03.19
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Latin America Market to Continue Slow Recovery
The Latin American market for paint and coatings has begun a slow market recovery, as it closely tracks regional gross domestic product growth, expected to rise by a half point to 1.7 percent this year, compared with 1.2 percent last year. The ind…Charles W. Thurston, Latin America Correspondent 05.31.19
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Guatemala’s Grupo Solid Manufacturing and Transocean Coatings Form Partnership
The largest paint producer in Guatemala, Grupo Solid, has formed a strategic partnership with the Netherlands’ Transocean Coatings to pursue a spot in the high-performance paint and coatings market in the Central America and Caribbean regions.…Charles W. Thurston, Latin America Correspondent 05.10.19
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Mexico’s Aeronautical Industry a “Gold Mine” for the Economy
The workforce is rapidly headed toward 60,000 people, as the country assumes the position of the world’s sixth largest aviation industry.Charles W. Thurston, Latin America Correspondent 04.12.19
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Coatings World Interview: Charly Nader, Dow’s New Latin America Director
Coatings World recently interviewed Charly Eid Nader – Dow’s new president in the Andean Region, and commercial director of the Latin American Performance and Performance Monomers business – about his expectations for growth in the…Charles W. Thurston, Latin America Correspondent 03.08.19
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New Dow Andes Regional Head in Bogotá
DowDuPont appointed Charly Eid as the new head of the Andes region for paint and coatings at a time when fostering growth there is a challenge. Colombia is the promising economic center of the region and Peru is a standout, while both Bolivia and Ecu…Charles W. Thurston, Latin America Correspondent 02.11.19
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Latin America Sales Up 13% for Clariant in Q3
Latin America sales for specialty chemical maker Clariant climbed 13 percent in local currency during the first three months of this year. Plastics and coatings contributed a four percent gain in Swiss francs and contributed to an eight percent EBITD…Charles W. Thurston , Latin America Correspondent 12.03.18
