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Scorpex, Inc. (SRPX) Taps Major Market Opportunity in Mexico
Mexico, like any country, has its share of internal challenges. But none of that seems to have dimmed the consensus that the country will play an expanding economic role in North America and the world over the next decade. A growing population gives Mexico a demographic profile that a number of industrialized countries would envy. Its economic fundamentals have generally improved over the last 20 years, in spite of the inevitable effects of the current global economic crisis, with industrial development and privatization continuing to expand.
The result of all this has been a growing need for improved waste handling throughout Mexico, and especially in the Baja Peninsula, a popular tourist and agricultural center with its own growing economy.
Scorpex has clearly recognized the possibilities, and is well along the way toward completing a long anticipated and much in demand full service waste disposal and recycling operation near Ensenada along the northwest coast of Baja, only about 25 miles south of Mexico’s border with California. It will be a state-of-the-art facility, able to process all manner of waste, including toxic and hazardous. Scorpex has financed and is set to install a sophisticated waste gasification and thermal oxidation system, and already has more customers lined up than it can handle. But this is just the beginning. The company’s long term plans call for additional facilities, strategically positioned throughout Mexico.
Taking advantage of Mexico’s expanding waste processing market is not a simple process. In addition to having a clear sense of the market, a major strength of Scorpex is its demonstrated ability to build and maintain a strong and positive working relationship with the Mexican government and local communities, which is necessary to obtain all of the required approvals and a discouragement to potential competitors.
For additional information on Scorpex, visit the company’s website at www.Scorpex.com