Article: Mexico: Braskem and Mexican partners prepare bids for Mexico project.

Byline: deepak203

Mexico is resurrecting plans to build a chemical complex. And Brazilian company Braskem might just help the project, originally named Phoenix, rise from the ashes

PLANS TO build a major petrochemical complex in Mexico have been given a new impetus, thanks to the emergence of Brazilian polymers giant Braskem as a potential partner in the project.

Mexico drastically needs new petrochemical production capacity, but attempts to build a large-scale project have failed because of difficulties in securing competitively priced feedstock from state-owned PEMEX. Subsidiary PEMEX Petroquimica abandoned plans to implement its proposed ...

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