Pemex Gas y Petroquímica Básica, a subsidiary of state oil company Petroleos Mexicanos, had recently announced inking a MOU for a planned US$1 bln ethylene cracker on Mexico’s Gulf Coast. PVC and speccialty chemicals maker Mexichem SAB de CV has withdrawn from the consortium, citing unsuitable conditions as the reason for withdrawal.
For more details on Mexichem SAB de CV withdraws from planned US$1 bln ethylene cracker on Mexico’s Gulf coast click here
Friday, November 13, 2009
Mexichem SAB de CV withdraws from planned US$1 bln ethylene cracker on Mexico’s Gulf coast
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