World demand for polyethylene (PE), polypropylene (PP) and polyvinyl chloride (PVC) will grow more than 4% in the five years ending in 2025, according to IHS. Likewise, it estimates that the world demand for PE, PP and PVC in 2021 was 115 million metric tons, 85 million metric
Mexican exports of products to China broke a record in 2021, reaching 9,079 million dollars, according to data from the Ministry of Economy. After falling 4% in 2019, these exports from Mexico rose 13% in 2020 and 17% in 2021, at year-on-year rates. China is the largest trader
China displaced Mexico from the first position in the classification of the largest corn importers in the world in 2021, according to data from the World Trade Organization (WTO). While the respective purchases from China were 7,582 million dollars (+204, year-on-year), those from Mexico totaled 5,124 million (+66
Among the largest soybean exporters in the world in 2021, countries from the Americas stood out in the top six positions, according to data from the World Trade Organization (WTO). Brazil was placed ahead of all, with foreign sales of 38.638 million dollars (+35% year-on-year), followed by the
The South Texas Pipeline transported approximately 15% of Mexico‘s total natural gas imports through pipelines in 2021. This offshore pipeline transports natural gas from Texas to energy and industrial markets in central and eastern Mexico. TC Energy owns a 60% stake and is the operator of the pipeline.
The Tax Administration Service (SAT) of Mexico collected 490 million dollars from TC Energy, the largest energy company in North America. From September 2021 to February 2022, the SAT issued statements for fiscal years 2014 to 2017 that denied the deduction of all interest expenses, as well as