The company will develop a maritime terminal to store and process ethane in Veracruz The Ministry of Environment and Natural Resources (Semarnat) approved the request of the company Braskem Idesa for the construction of an ethane maritime terminal in Veracruz, in which you will invest 50 millions of dollars. The Maritime Terminal of Ethane Coatzacoalcos / Nanchital R2 will have the objective of storing ethane imported from the United States to supply the Braskem Idesa plant in the region. According to the project, entered in October last year for approval of the Regional Environmental Impact Statement (MIA-R), the terminal will have a lifespan of 32 years. The project consists of the installation of a floating storage and regasification unit off the coast of Coatzacoalcos and a marine and land pipeline, approximately 25 kilometres, to transport the hydrocarbon to the plant on land. The construction and operation of the plant, which was conditioned to compliance with measures to mitigate environmental impacts, It was approved a few months after Braskem Idesa and Pemex agreed to a new ethane gas supply agreement that meant savings for the national oil company by 13 one thousand 749 millions of pesos. In december of last year, the National Center for Natural Gas Control (Dinners) suspended the supply of natural gas to Braskem Idesa's Ethylene XXI plant, arguing the end of the contract that, they said, it was no longer going to be renewed. The suspension occurred in the midst of negotiations between the company and Pemex for a contract signed during the administration of Felipe Calderón, which President Andrés Manuel López Obrador described as "leonino", noting that the firm of Brazilian origin had been favored. Between changes to the contract, highlights that Braskem Idesa must pay 100 percent of the international reference price of ethane gas, when I only paid 70 percent, in addition to that it will take care of the costs of transporting the energy, an expense that was absorbed by Pemex, and a clause was abolished in which the productive state company would have to have paid five thousand 200 millions of dollars in case of early termination of the contract. The private company is a Mexican subsidiary of the petrochemical company Braskem, company belonging to the Brazilian construction company Odebrecht, company singled out for the largest corruption case in Latin America, with bribes to senior officials from a dozen countries, including Mexico. In december 2016, after the corruption case became known, representatives of the Brazilian construction company confessed to the United States Department of Justice to have paid 10.5 million dollars in bribes to senior Pemex officials to win works contracts. The case led to the arrest in Spain and extradition of the former director of the oil company, Emilio Lozoya, who has been detained in Mexico since July of last year. An investigation by the Brazilian Congress assured that the money that Lozoya allegedly received from Odebrecht during the presidential campaign of Enrique Peña Nieto, it came from its petrochemical subsidiary Braskem, which was then building the Ethylene XXI plant in Veracruz. The signs, both from international organizations and the current President of Mexico, have not prevented the company from continuing its business in the country. Braskem Idesa justified the need for the new maritime terminal, due to the high demand for ethane and the drop in production at the national level. "The high demand for ethane gas for the production of different polymers in Mexico, and the low production of the same within the country, have led companies to have to import hydrocarbon. For this reason, it is necessary to have the adequate infrastructure that allows receiving large vessels ", point to the project. The work will be added to the Coatzacoalcos-Nanchital R1 Ethane Terminal, that the company builds on land with an investment of 150 millions of dollars. The Ministry of Environment and Natural Resources said in the approval of the MIA-R that “it identified that according to the information provided by the petitioner (Braskem Idesa), the development of the works and activities that make up the project are congruent with the Regional Ecological Ordinance Program of the Lower Coatzacoalcos River Basin ". Fountain: The Sun of Mexico
see moreLabor shortages are materializing across China as young people turn their backs on factory jobs and more migrant workers stay home., offering a possible preview of the bigger challenges that lie ahead as the workforce ages and contracts. With the increase in global demand for Chinese products this year, factory owners say they are struggling to fill vacancies for the production of everything, from bags to cosmetics. Some migrant workers are concerned about contracting Covid-19 in cities or factories, despite the low number of cases in China. Other young people are turning to service industry jobs that pay more or are less demanding. Trends Echo Similar Disparities in the U.S. Labor Market, where some employers have a hard time hiring enough workers, even though millions of people who lost their jobs during the pandemic are still out of work. But China's troubles also reflect longer-term demographic shifts that are legacies of the country's one-child policy., which lasted for decades and was formally abandoned in the 2016. These trends pose a serious threat to China's long-term potential growth rate.. They will also make it harder for China to continue supplying the world with cheap manufactured goods., what could contribute to global inflationary pressures. “China long ago exhausted its demographic dividend”, dijo Shuang Ding, economist at Standard Chartered Bank, in Hong Kong. Yan Zhiqiao, who runs a cosmetics factory in the southern city of Guangzhou with about 50 workers, has not been able to increase production this year despite increased demand, primarily because the factory has had difficulty recruiting and retaining staff, in particular individuals under the age of 40 years. Your factory offers a payment equivalent to about 3.90 dollars an hour, which is above the market salary, plus free meals and lodging. But it has attracted few young candidates. He noted that the factory cannot afford to raise wages due to higher raw material prices this year.. The other option would be to increase prices for foreign buyers., if they accept them. “Unlike our generation, young people's attitudes towards work have changed. They can turn to their parents and don't have much pressure to make ends meet”, indicated Yan, from 41 years. “Many did not come to the factory to work, but to look for boyfriends or girlfriends”. China's manufacturing labor shortage occurs when it grapples with the opposite problem in another part of its economy: too many workers for white collar jobs. More of 9 million students, a record, they are graduating from university this year, exacerbating the structural disparity in China's labor market, economists stand out. The dwindling number of manufacturing workers has forced many factories to pay bonuses or raise wages, eroding profit margins that were already under pressure from rising commodity prices and shipments. Foxconn Technology Group, formally known as Hon Hai Precision Industry Co. and one of the main suppliers of Apple Inc., last month raised bonuses for newly hired employees at a facility in Zhengzhou to 9 thousand yuan, the equivalent of a thousand 388 Dollars, or more, if they work during 90 consecutive days, according to announcements posted by a Foxconn business unit on WeChat. Foxconn did not respond to requests for comment.. With the Delta variant sweeping other Asian countries, some Chinese factories have seen an increase in orders as buyers redirect business from elsewhere, indicated David Li, secretary general of the Asian Footwear Association, en Dongguan. That has made some companies even more desperate to hire workers by raising wages., said. “Many factory owners are now in a quandary. They do not know if they will be able to make a profit if they accept new orders”, he pointed. “His main headache is the struggle to find workers”. Last week, the Chinese Prime Minister, Li Keqiang, said the country will continue to face a “relatively large operating pressure” for him 2025 and pledged to dedicate more support to labor-intensive industries, including additional vocational training. China's working-age population, defined as people between 15 Y 59 years, fell to 894 million last year, or the 63% of the total population. That was less than 939 million in the 2010, or the 70% of the total population at that time, according to the data of the country's census that is carried out once every decade. China's workforce is anticipated to decline by about 35 million over the next five years, according to official estimates. President Xi Jinping's campaign in recent years to revive the country's rural areas by concentrating more investment in the interior provinces may have added to the challenges for factories., economists say, by creating new opportunities for migrant workers from China, allowing many, who used to travel long distances in search of work in large cities, earn a living closer to home. At 2020, the number of rural Chinese people classified as migrant workers declined for the first time in a decade, in more than 5 million to 285.6 millions, Data from China's National Bureau of Statistics reveal, by staying more workers in their places of origin or looking for jobs nearby. Many did so out of fear of Covid-19 in the largest cities and have not yet returned to them. At 2020, more than half of China's migrant workers had at least 41 years. The
see moreMexico City. According to the National Survey of Construction Companies (ENEC), of the National Institute of Statistics and Geography (Inegi), during the month of February 2021 the value of production generated by the construction industry showed a recovery of the 0.5 percent, which means a sign of reactivation for the sector. The study revealed that construction personnel recorded an increase in 0.4 percent and hours worked advanced 0.2 percent, but real average wages remained unchanged. For Benjamín Pérez, commercial manager of the construction firm CDC 360 ° this is the right moment to open the way to reactivation among the different firms that operate in Mexico. Noted that, CDC 360º is presented as the means to satisfy the needs of the sector, “Not only because we know the investor well, to the builder and to the market, but because of the wide portfolio of alliances we have ". Given the reactivation in construction, warned, a service must be offered that has the benefits that commercial alliances provide, In other words, allied companies that work with quality materials and cutting-edge technology, to consolidate any type of project from start to finish in a timely manner, without worrying about unforeseen events ". Pérez pointed out that today more than ever efforts should be redoubled to have quality services, since this will have the advantage of optimizing costs and simplifying the supply chain. Mentioned that, "At CDC 360 ° we have the strategic purpose of being a commercial alliance for the planning and consolidation of projects from beginning to end in the field of the construction industry., between customers and our network of suppliers ". Finally, stressed that the idea is to provide a connection that simplifies the supply chain, to focus on quality, cutting edge and cost optimization. Fountain: The Day
see moreI will reverse 1.2 trillions of dollars in various infrastructure projects. The US infrastructure plan could 'push’ to the Mexican economy. (Shutterstock) The United States Senate approved an infrastructure plan on Tuesday that will have a positive impact on the Mexican economy, according to analysts. The plan of 1.2 billions of dollars (equivalent to the Gross Domestic Product of Mexico) will allocate 550 billion in new federal spending, which will be distributed over the next five years. The rest of the money comes from funds that would normally be consigned annually. the president of US, Joe Biden, stated that most of the benefits will go to working families. These are the sectors that will benefit: Exportaciones mexicanas Estas podrían duplicarse si la administración actual aprovecha las oportunidades que le dará el plan de EU, according to Ernesto O'Farril, President of Grupo Bursamétrica. Sector automotriz Los beneficios sobre la economía mexicana en el campo automotriz y electrónico se hará más evidente en el mediano plazo, according to Joel Virgen, director de análisis de Out of the Box Economics. Sector construcción El plan también podría beneficiar a las empresas mexicanas que operan como proveedoras para la construcción estadounidense. Also to those that are part of the productive chains, indicated Amin Vera, director of economic analysis at BW Capital. Actividad industrial Este sector se beneficiaría en mayor medida, according to Alain Jaimes, Signum Research economic analyst. Inversión y empleo El plan de infraestructura de EU dará un impulso a las inversiones y al empleo, since the 80 percent of connectivity systems, electronic, plastics, that require for the different projects considered, They will be of Mexican manufacture, according to Manuel Hernández González, President of the National Council of the Maquiladora and Export Manufacturing Industry (index). Fountain: The financial
see moreDebris from demolitions has increased since the earthquake in 2017. (kokouu/Getty Images) The environmental situation is on a red alert. The UN declared that the damages are irreversible, mainly on climate change. The construction industry is directly related to the situation. The National Housing Commission (Conavi) estimates that around 50% of pollutant emissions worldwide come from this sector. Therefore, it has sought to adopt measures that reduce its influence on the damage to the environment., from architect offices that create buildings with sustainability measures, to companies producing materials that use alternative supplies and recycling. Iniciativas empresariales En 2016, cement production was responsible for around 8% of CO2 emitted. Companies like Holcim and Cemex are aware, so they have implemented strategies to counteract it. The Mexican cement company, for example, has set itself the goal of reducing its carbon dioxide emissions by 40% for him 2030, through the manufacture of "green" concrete. In this sense, launched their Vertua concrete line, that is manufactured with 30% less polluting. Its process consists of processing waste to convert it into alternative fuels. Holcim, materials company, has also joined the trend. Year, the company destines 100 million pesos in innovating to find ways to make products more friendly. As a result, It is 2021 launched the Ecolabels with which they identify the cements that were made with from 30 until 70% less carbon emissions. The goal is to get to use at least 100 million tons of waste to make energy. With this, the company plans that in 2030 its first zero-emission cement producer is created and, at the same time, the rest of the cement generated emits 475 kilos of CO2 per tonne. In 1990 the company produced 800 kilos, and actually 555. Fibers have also sought to be more environmentally friendly. Amefibra has established environmental indicators, in which it is established that companies must report measures or procedures in this regard, in which biodiversity is considered, climate change, energy consumption, gas emissions and resource management, among others. Los impedimentos En México hay diversas trabas para poder cumplir con los objetivos, mainly in relation to the use of alternative fuels. Vicente Saisó, Corporate Director of Sustainability of Cemex, said in an interview in March this year that the regulatory framework for waste. "Regulations are obstacles, in some countries there is ignorance of how our production process works and how we guarantee that the emissions we have are not altered by using garbage or an alternative fuel. There are times when they put obstacles or limits to ask for a permit ", Saisó said. And I add: "We continue to bet on renewable energies, despite the difficulties that exist due to a different vision that exists, But I think that this thought is temporary and in the long term we believe that it will be able to move forward because Mexico has enviable resources.. Our energy sovereignty should be based on wind and sun ". Holcim also sees a cap on energy regulation. They seek to make a greater investment in solar power plants and wind farms, but first they want to have more uncertainty about what will happen in the sector. Fountain: Expansion Works
see moreThe SCT directly awarded a contract for 544 MDP for the construction of a new Mexico-Toluca Train station in CDMX. The new station will serve to connect the fourth section of the Bosque de Chapultepec and the Universidad de la Salud. Photo: SCT Construction of the Mexico-Toluca Interurban Train section, corresponding to Mexico City was reactivated. El gobierno capitalino y la Secretaría de Comunicaciones y Transportes del gobierno federal asignaron dos contratos de obra y uno de supervisión, via direct award, over a thousand 281 millions of pesos, de acuerdo con datos de ambas dependencias consultados por Forbes México. La Secretaría de Obras y Servicios de la Ciudad de México adjudicó un contrato por 719 millions 459 one thousand 204.18 pesos to the company Cargo Crane S.A. de C.V. for “transport and assembly of precast elements, civil work, environmental impact mitigation, induced and complementary to be executed on the prefabricated viaducts ”from the exit of the Portal Oriente to Observatorio. Cargo Crane fue parte del consorcio constructor conformado por seis empresas y encabezado por CAABSA Constructora S.A. de C.V., owned by the brothers Luis Fernando and Julio Mauricio Amodio Herrera, who are also majority shareholders of the OHL group. In december 2014 the consortium signed a contract with the Ministry of Works for 10 one thousand 426 millions 277 one thousand 63.12 pesos para “trabajos de construcción y obras complementarias del tramo 3 for the elevated viaduct of the Mexico-Toluca Interurban Train ". On this occasion the company Cargo Crane S.A. de C.V. will participate individually in the construction of section three of the TIMT. The term of your contract, identified with the number DGOT-AD-F-1-001-2021, is from 19 from May of this year to 18 October 2022, por lo que la empresa especialista en grúas tendrá un plazo de ejecución de los trabajos de 517 natural days. For his part, the Ministry of Communications and Transportation hired for 544 millions 523 one thousand 441.82 pesos to the construction consortium headed by Vise S.A. de C.V., owned by Santiago Villanueva Sandoval and Arcadio Serra Sala, para la construcción de la estación Vasco de Quiroga, in the area of the new fourth section of Bosque de Chapultepec. Location of the new Vasco de Quiroga station in the vicinity of the new fourth section of the Chapultepec Forest. Fountain: SCT Tanto la estación Vasco de Quiroga como el puente atirantado Conagua-Manantial, which is about to be tendered, were works added to the Mexico-Toluca Train project by the current government. The new station will be used to provide connectivity to the fourth section of the Chapultepec Forest and the Universidad de la Salud built by the government of Mexico City.. The cable-stayed bridge "solves the impossibility of having supports on the Sacmex and Artek properties", so a section of 200 meters, where the springs of Santa Fe are located. The tender for this work is in the pre-call phase, according to Compranet. Cable-stayed bridge to clear the springs area of Santa Fe. Fountain: SCT Un tercer contrato relacionado con el Tren Interurbano México-Toluca es el de la supervisión externa de la construcción de la estación Vasco de Quiroga, assigned to the company Orva Ingeniería S.A. de C.V. By a sum of 17 millions 619 one thousand 312.66 pesos. The sum of the three contracts is one thousand 281 millions 601 one thousand 958.66 pesos to start again the construction of the section 3 of the Mexico-Toluca Train, which is expected to be ready by the end of next year. According to the weekly report of the SCT, updated to 9 of August, in the stretch 3 of the Mexico-Toluca Interurban Train, that encompasses 17 kilometers from the exit of the bitumen that crosses the Sierra de las Cruces to the Observatorio terminal station, a work progress of the 52.9%, being the most backward of all the work, despite the fact that it started from 2014. Fountain: Mexico Forbes
see moreThe disappearance of ProMéxico has not had a strong impact on Nuevo León, since after creating his own promotion agency, Invest Monterrey, already managed to attract 42 companies of various types and sizes. From the hand of the Ministry of Economy and Labor of the State (Sedet) and industrial advisers, those 42 new projects come from different countries, mainly from the United States and China. Hector Tijerina, director de Invest Monterrey, stressed that in six months that they have been operating as an agency they have already confirmed 15 companies arriving from the United States, 13 from China, 4 from Germany, 2 from France and 8 more from other countries. “They are very varied, most are automotive and (of the sector) home appliances, of all sizes, and in those 42 there are as big as Hisense, What are they 7 thousand jobs in the State, and also others with much smaller operations”. further, there is 84 companies with which they are at different levels of negotiation. Noted that, in addition to manufactures, They have knocked on the door to analyze the Entity other activities such as information technology. This agency is a joint effort between the State Government, organizations and companies, as he sits, Caintra, Canaco, Coparmex, Comce, Index, Tourism Cluster, Nuevo Leon Council, Cemex, Finsa, Nexxus, Hofusan, Banregio, Base Bank, Fibra Inn, Ana, Y quicker Prodensa, among others. Tijerina yesterday signed an alliance with WeWork so that potential investors take into account that once they decide to settle here and while their operation is ready, or if your business or any of its areas requires full time, that company would have special discounts at the offices. Álvaro Villar was at the firm, general manager para WeWork North Latam, who highlighted the importance of encouraging the arrival of more companies, because these in turn become a magnet to attract others. Tijerina added that since Invest Monterrey is part of the tenants of WeWork, use the global office network for when attending trade shows and missions in other countries.
see moreCd. of Mexico (27 July 2021).- The International Monetary Fund raised its growth forecast for the Mexican economy in 2021 from the 5 percent from April to 6.3 current percent, as it would benefit from the better economic outlook of the United States. For 2022, The agency also increased its GDP outlook for the Country of 3 a 4.2 percent. In an update to its World Economic Outlook (WEO, for its acronym in English), The IMF maintained its forecast for world growth in the 6 percent for 2021, but it warned of increasing disparities between developed and emerging economies, mainly due to access to vaccines, but also to the budgetary policies of each country. Advanced economies should register an average growth of the 5.6 percent this year, faster than expected (0.5 points more than the last forecast published in April), driven by strong US rebound (growth of 7 percent, 0.6 points more than in April) thanks to investment plans on the verge of being approved in Congress, according to IMF economic forecasts. The agency predicts that emerging countries should also register growth in the 6.3 percent (-0.4 points), outlook revised downward, especially due to the effects that the Delta variant of the coronavirus has had in India. The rise in prices observed around the world is caused by mainly temporary factors, the IMF also noted, which warned of the risks of inflation persisting longer than expected. Fountain: The North
see moreThe IMSS reported that at the end of April the sector generated 138 one thousand 271 formal jobs. The organism emphasizes that the state loses 45 thousand jobs during the pandemic although the 65 percent. With the support of public works, especially in the second half of the year, the construction sector of Nuevo León (NL), could grow up to six percent in line with the performance expected for the entire country, stated the leaders of the Mexican Chamber of the Construction Industry (CMIC) national and state. “The construction industry in NL projects a growth of between 5 Y 6 percent in 2021, similar to the expectation at the national level, where in the second semester a rebound in public works is expected, said José Francisco Guajardo, President of CMIC Nuevo León. He explained that "the public work that is already in execution has not stopped and has been growing month by month, and that is why we consider that it can have a growth in such a way, remembering that we came from a 2019 hard, a 2020 pandemic and a 2021 with choices. "Now, the outlook for the second half of this year is finally clear and even more certain for 2022 ", Guajardo highlighted. He said that even with the uncertainty, NL in public works is number one nationwide. “We hope that in the second semester after the elections there will be more clarity for investors in private and public works and those that were pending will be put out to tender., time is short you have to make a budget for it 2022 and what we did in dialogue with each candidate was to ask in favor that the work they had be put out to tender as soon as possible so that this year would not happen ", expressed the manager. "We received the seven candidates for governor and they are all committed and aware of the importance and relevance of our sector", added. He recalled that of the 150 One thousand construction jobs in NL were lost 45 thousand but it was the sector that recovered the fastest, once it became essential, with the 65 percent of what was lost. Figures from Inegi show that during the first quarter of this year the production value of the construction sector in NL totaled seven thousand 833 millions of pesos, 12.9 percent less than that registered in the same period last year. Despite this drop, the public sector increased by 32 percent of the value of its production compared to the first three months of 2020, when adding projects per thousand 60 millions of pesos, while the private sector reduced them by 17 percent, to reach six thousand 774 millions of pesos. The IMSS reported that, at the end of April, the construction sector in the entity registered a total of 138 one thousand 271 formal jobs, which involved the creation of three thousand 482 more places than the closing of the 2020, but the sector has not yet recovered the jobs lost last year, which amounted to nine thousand 40 Job positions. For his part, Francisco Solares, President of National CMIC, stressed that it is necessary to improve the issue of security, Regarding compliance with the rule of law to trigger private investment. There are cases where “apparently the rules of the game were changed and that automatically made the owners of the money pause, and it is going through the issue of interest rates in the world ". But for investment to arrive, he said that inflation must be kept under control, since the prices of inputs such as steel have risen a lot. Fountain: The financial
see moreThe construction companies have requested the Environmental Impact Assessment. Construction companies have regained confidence and resumed projects that had been suspended or postponed due to the Covid-19 pandemic: in the first half of this year, 52 Construction projects have requested their Environmental Impact Assessment, almost twice as many as were admitted in the entire 2020. The report of the Secretary of Ecology and Environment (SCHEMA) reveals that among these projects are from public works: construction of kindergartens or elementary schools; even residential, subdivisions and stone material extraction installation points, like stone and sascab. The breakdown of the information indicates that in total they were 14 applications received to build urban settlements in Solidaridad, Benito Juarez, Tulum and Chetumal, of which three are luxury. further, Eleven large commercial chains also presented their respective projects on Environmental Impact to settle in Quintana Roo. Last year, only four residential construction applications were received, and one from a supermarket chain. Three shopping centers plan to set up shop in Playa del Carmen and Cancun. This detonation of work requires materials, and that is why five new extraction points were requested. The rest are educational establishments, in addition to the construction of sanitary cells for the Solidaridad garbage dump. The additional data clarifies that so far, none of these analyzed projects has been denied, although it is not clear how many have already been evaluated. Diego Cortes Arzola, President of the Mexican Chamber of the Construction Industry Quintana Roo, declared that these works will promote the economic reactivation of the State, considering that most private works contract local construction companies. "The construction industry from the commercialization of rebar and inputs derived from steel, cement plants, hardware stores, paint shops, to the labor plant as bricklayers, engineers and architects, was severely affected this year as a result of the health contingency, so this news that more and more companies are regaining the confidence to invest and build in the State, will undoubtedly help to recover thousands of jobs in 2021 ", pointed out. Fountain: News Quintana Roo
see moreYesterday, the federal government finished bidding for contracts for access road works to the new Felipe Angeles International Airport (AIFA) in Saint Lucia, that according to the rulings of the bids, will cost 5 one thousand 30 millions of pesos, VAT included. The Ministry of Communications and Transportation (SCT) began awarding the nine contracts at the end of April, so that 14 companies that have won them deliver the works between December 2021 and January 2022, because President Andrés Manuel López Obrador wants to inaugurate it the next 21 of March. The costs of building and connecting to AIFA will exceed the 100 billion pesos, because to the road works we must add the 84 one billion pesos from airport work, in charge of the Sedena, Y 12 one thousand 907 million pesos that, it is estimated, It will cost to extend the Suburban Train to Santa Lucía. Strong: The North
see moreComplete NL 98% of funds for dam. The state government reported that the federation authorized 2 one billion pesos more to continue the construction of the Libertad Dam, that to date records an advance of 22 percent. The resource settlement agreement was signed today by the Director of Water and Drainage, Gerardo Gara González; and head of the Río Bravo Basin Agency of the CNA, Luis Carlos Alatorre. The resources are part of the Drinking Water program, Drainage and Sanitation (PROAGUA), and will allow the work to continue on the dam's curtain, will project to have a thousand 950 meters in length and a maximum height of 47 meters. Fountain: The North
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