As we reported last July (“2011 Latin American Industrial Gas Report,” CryoGas, July 2012, p. 44), as a consequence of unfavorable external conditions, the Latin American economy is growing at lower rates than in 2011.
As we reported in January, the Latin America industrial gases market increased by 21 percent in 2010, after contracting in 2009, and was off to a strong start in early 2012 with several new projects pushing demand for industrial gases....
The world economy is fraught with uncertainty due to the continuing European debt crisis, and the recovery in the United States, Latin America’s important trading partner, remains stubbornly mild. These unfavorable foreign economic environments are beginning to affect financial markets and...
Latin America showed a solid 6.1 percent growth in GDP in 2010, signaling that the crisis that began in late 2008 was over. This reflects solid macroeconomic policy fundamentals, strong internal demand supported by sizable government support, favorable external financing conditions,...
The Latin American Economy Two thousand and ten saw the Latin American region emerging from the global economic crisis at a faster pace than anticipated. In the International Monetary Fund’s (IMF) recently published World Economic Outlook (www.imf.org/external/pubs/ft/weo/2010/01 /pdf/text.pdf), the organization increased its projection...
In February, I reported on the financial results for the major players in the Latin American region, and noted that signs of an economic recovery were showing. (See “The Latin American Business Report,” CGI, February 2010, pp. 44–46.) This article presents an economic...
This report examines the financial results for the major players in the Latin American Region up to September of 2009. Business in Latin America, similar to the rest of the world, showed the effects of the reduced economic activity that...
After an exceptionally good 2008, first quarter 2009 results of the main industrial gas companies in Latin America began to show the effect of the global slowdown in the region, and the exchange rate variations that followed.
OVERALL RESULTS Favored by the strong growth of the world economy, record high commodity prices, and healthy internal consumption, industrial gas company sales in Latin America grew at double digit rates in the first nine months of 2008. The financial...
