The Latin American polyurethane industry gathered in Mexico City in April for the inaugural UTECH Las Americas meeting. Stephen Downer spoke with several companies at the event
The polyurethane industry in Mexico is feeling optimistic and, despite the pressures the country faces from US president Donald Trump, many are still sure they can build big markets in the US.
“We were all worried about Trump at the beginning,” explained Jorge Hoth, general manager of Mexican release agent manufacturer Fusoni. “On the other hand, these free trade deals cannot be changed that dramatically and that easily. We were worried, but not so much, and I believe that things will not be as dramatic as he [Trump] indicated. Common sense is prevailing.”
His company enjoyed growth of 20-25% in 2016, and hopes to repeat that success in 2017. And with the automotive industry accounting for “close to 70% “ of his firm’s business, he feels secure.
“Our business is still growing,” he said. “We don’t see a lot of major changes in the marketplace. Our customers still have their projects. Our customers are Tier 1s, and they are doing well and we are doing well.”
Jose Lanuza Garcia, manager at Maqui-Uretanos Lanuza, a Guadalajara machinery
company, said, “I hope 2017 will be a good year….