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Article: Braskem, Mexican partners seek Pemex deal.(News)
- Article from:
- Plastics News
- Article date:
- September 21, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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, ...