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Author's profile photo Brigitte Kleinschmidt

Latin America- a key market for SAP Mill Products and Mining

Listen to Eckhardt Siess, VP of the Industry Business Unit for Mill Products & Mining, who talked on the SAP Forum 2011 Mexico about the importance of Latin America as focus region for the industry. He was right. Last week at annual press conference organized by the country´s mining chamber (San Juan del Río, Qurétaro stat) the key massage in Sergio Almazan Esqueda’s (General director of Mexican Mining Chamber) speech was that this sector is expected to increase 36% in 2012 to US$ 7.6bn, following a period of sustained high metals prices. They also expect the same growth for 2013. But from energy prices to manpower and security concerns, the industry faces an array of challenges in the coming year, even so companies like Grupo México and Industrias Peñoles set to do great investments.



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