Americas top stories: weekly summary

HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 17 November.

APLA ’23: Argentina, Bolivia NGL exports could change LatAm’s petchems landscape – analyst
Plans by Argentina and Bolivia to expand natural gas production could make them net exporters of natural gas liquids (NGL), potentially changing Latin America’s petrochemicals landscape, an analyst at Opis said on Sunday.

APLA ’23: Reshoring to drive Mexico, LatAm economic growth, chemicals demand
Reshoring or ‘friend-shoring’ will be a key driver of economic and chemicals demand growth in Mexico and the rest of Latin America.

APLA ’23: Brazil’s Unigel restarts PS plant amid higher demand
By Bruno Menini
Unigel will restart this week its polystyrene (PS) plant in Sao Jose dos Campos, state of Sao Paulo, the company’s PS commercial manager said to ICIS.

APLA ’23: Brazil’s residential, fertilizers gas needs to put petchems at back of queue – Indorama exec
Brazil’s natural gas needs for residential use and its lack of significant fertilizers production would put the petrochemicals sector at the back of the priorities list, according to an executive at Indorama Oxiteno.

APLA ’23: INSIGHT: Overcapacity in virgin polymers pressures Lat Am recycling market
The global price pressure on virgin polymers driven by overcapacity is also hitting the recycled plastics market, a situation that is expected to continue until the oversupplied industry rationalises capacity.

US UAW unions at Ford, Stellantis approve contracts
US union members at Ford and Stellantis approved new labor contracts, according to vote tallies published on Friday.