TITLE

Pemex scales back on Phoenix

AUTHOR(S)
Esposito, Frank
PUB. DATE
September 2005
SOURCE
Plastics News;9/12/2005, Vol. 17 Issue 28, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Pemex Petroquímica, Mexico's state-run petrochemical company, has downscaled the size and cost of its long-discussed Phoenix project. Rather than build a petrochemcials complex, Pemex has opted to expand two plants in Morelos and Cangrejera. The project would expand total annual ethylene production from 1.3 billion pounds to about 2 billion pounds and increase polyethylene and polypropylene production by an undisclosed amount. The Phoenix Project is designed to make use of existing Mexican national resources and reduce the country's reliance on imported material.
ACCESSION #
18361969

 

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