Sudamérica – Tiempos desafiantes en puerta


The future for the region was looking bright with double-digit growth and a wealth of potential expected across South and Central America. This is likely to change in 2009 –10, as gasworld investigates.

Ahead of this month’s South American conference, which gasworld will be hosting in Chile, we investigate what has been happening and what challenging times the region’s industrial gases companies face over the next few years – following 3-4 years of solid growth.

South America is a huge continent and possesses a large mineral resource, increasingly discovered oil and gas reserves and a large agricultural base – all pointers for growing optimism for the potential in the region, widely regarded as a land of opportunity.

So why such positive vibes?
Well, the economic landscape in South America is evolving, shaped by an almost seismic shift in domestic economic fortunes and generally strong GDP growth in a number of countries which could trigger increased levels of disposable income and in turn, growth in markets such as food applications and a range of services.

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