Article: Braskem, Mexican partners seek Pemex deal.(News)

Byline: Stephen Downer

Three Mexican pertrohemical companies, plus Brazilian heavyweight Braskem SA, has yet to agree to a price with state oil company Petrcentsleos Mexicanos (Pemex) for the ethane feedstock required for a $1 billion ethylene cracker that the quartet wants to build on Mexico's Gulf Coast.

"We are doing all the analysis, but at this moment we have not sent any offer to Pemex, Enrique Ortega, investor relations director of PVC and specialty chemicals maker Mexichem SAB de CV, said Sept. 3.

Mexichem is one of the three Mexican companies that formed the consortium last year. The others are Grupo Idesa SA de CV and Alpek SA de CV, ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!