The Secretary of Industry and Productive Development, José Ignacio de Mendiguren, participated in the celebration of Petrochemicals Day, where he highlighted that “the sector is a key factor for development, the competitiveness of the economy and the transformation of the productive matrix” .
This sector “feeds all the categories of the economy, since there are very few activities that remain outside the petrochemical chain,” De Mendiguren said at the meeting, organized by the Chamber of the Chemical and Petrochemical Industry and the Petrochemical Institute. Argentinian.
The secretary stressed that this industry “has the potential to multiply between 3 and 6 times the value of gas and can well complement the supply of the domestic market with exports.”
At present, in Argentina “the train of development is passing again and gas is necessary to drive it with force. We have to add more and more value to it and you are the ones in charge of doing it,” added Mendiguren, the Secretariat reported in a statement.
The sector generates 37,000 jobs and, according to a report from the Chamber, local sales registered an increase of 30% compared to June 2021 and, during that same period, there was a 13% increase in production. In addition, exports achieved a year-on-year growth of 46%.
De Mendiguren highlighted the “capacity for reaction and readaptation of Argentine entrepreneurship”, and considered that “Argentina is at a historical moment in which we have the opportunity to make the definitive leap to development”.
In addition, the secretary weighed the possibilities offered by the activity in terms of jobs because “it is one of the sectors that has more qualified employment, that pays better wages, trains and this is key because Argentina is going down this path.”
The meeting was attended by the president of Dow Argentina and the South Latin America region, Matias Campodónico; the general manager of Profertil, Federico Veller; and the president of the Argentine Petrochemical Institute and manager of Engineering and Infrastructure Development of the MEGA Company, Pablo Popik.
