Americas top stories: weekly summary
ICIS Editorial
03-Feb-2025
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 31 January.
Colombia accepts US terms for
migrants’ deportations, fends off 25% tariff
threat
Colombia became over the weekend the first
Latin American country to get a taste of
President Donald Trump’s immigration policy
mixed with unconventional diplomacy after the
country refused landing to two flights with
repatriated Colombian migrants.
INSIGHT: US tariffs of 25% on Mexico
and Canada would cause massive hit to GDP –
ICIS analysis
Proposed US tariffs of 25% on all imports
from Mexico and Canada would have a massive
negative impact to the GDP of the exporting
countries and slow US GDP growth as well,
according to the ICIS economist.
Brazil’s chemicals to slow in 2025
amid currency, fiscal deficit woes – Activas
CEO
Brazil’s chemicals distribution sector posted
healthy activity in 2024 as manufacturing
finally gained traction, but conditions are
set to worsen in 2025 amid high inflation,
high borrowing costs, and a government too
prone to spend, according to the CEO at
Brazilian chemicals distributor Activas.
Dow to face margin pressure in Q1
with no help from macros –
execs
Dow expects to face sales and margin
pressures in Q1 2025 with no improvement in
the macro outlook following a difficult Q4,
senior executives said.
LyondellBasell confident on Q1 PE
price gains on cracker downtime, lack of new
capacity – execs
LyondellBasell expects to see price
improvement in North America polyethylene
(PE) in Q1 on industry cracker outages and
lack of new local capacity starting up, along
with higher demand through 2025.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.
READ MORE
