Juan Antonio Hernandez, president of the National Association of the Plastics Industry (Anipac) said that America is the region of the world with cheaper production in the plastic industry.

During his participation in the 2017 Tour Plastimagen Mexico, he said that the sector of the plastic is strategic in the industrial structure of the world. From 1950 to 2015, he recorded a steady growth in production. Asia currently dominates the plastic production (49%), followed by Europe (19%) and North America (18%).

Industry in North America also recorded an increase in its production capacity but faces new competitors and insufficient infrastructure.

Meanwhile, the value of the market production machinery industry is more than 34 billion dollars, with Europe the region to the lead with 43% of production, followed by China which accounts for 32% of the world production, while North America accounts for only 10%.

Mexico imported 20,000 million dollars (mdd) resins and plastics to the year and is among the main countries exporting products along with the United States and Canada.