Pemex businesses restructured

Robinson, Simon
May 2006
ICIS Chemical Business;5/22/2006, Vol. 1 Issue 20, p14
Trade Publication
The article reports on the merger of the petrochemical operations of Mexico's state-owned company Petroleos Mexicanos (Pemex). The Energy Ministry of the country has been working for two years to find a way of restructuring the operations, which are in desperate need of increased efficiency and reduced costs. The move integrates the complexes of Camargo, Cangrejera, Cosoleacaque, Escolín, Morelos, Pajaritos and Tula into Pemex Petroquimica.


Related Articles

  • Explosion Injures Eight at Pemex Vinyls Complex. Sissell, Kara // Chemical Week;11/26/2003, Vol. 165 Issue 43, p14 

    Reports on the explosions that happened at the Pajaritos vinyls complex in Mexico City, Mexico owned by the Pemex Petroquimica, the petrochemical division of Mexican oil company Petroleos Mexicanos, on November 15, 2003. Number of casualties from the accident; Cause of the explosion; Plan of...

  • Crisis Plagues Fertilizer Sector. Juarez, Antonio // Chemical Week;6/16/1999 Supplement Mexico, Vol. 161 Issue 23, pS25 

    Describes the crisis facing the Mexican fertilizer industry. Consequences of the lack of integration and high feedstock pricing; Impact on the revenue of Pemex Petroquimica, the state-owned petrochemicals producer; Drop in nitrogen fertilizer production between 1996 and 1998; Effects of the...

  • Pemex to Invest $1 Billion in Petchems. Westervelt, Robert; Sissell, Kara // Chemical Week;4/3/2002, Vol. 164 Issue 14, p9 

    Reports on the investment plans of petrochemical company Pemex Petroquimica, as of April 2002. Background on the previous expansion efforts of the company; Information on the business strategy of Pemex; Types of chemical plants to be established by the company.

  • Pemex scales back on Phoenix. Esposito, Frank // Plastics News;9/12/2005, Vol. 17 Issue 28, p3 

    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...

  • Mexico. Sissell, Kara // Chemical Week;7/23/2003, Vol. 165 Issue 26, p14 

    Assesses the market condition of the chemical industry in Mexico, as of July 2003. Reason for the failure of Mexico's repeated attempts to persuade private firms to invest in the expansion of state-owned chemical complexes; Features of the Project Phoenix investment drive by state petrochemical...

  • Private investment to shore up petrochemicals. Sissell, Kara // Chemical Week;6/25/97 Supplement Mexico, Vol. 159 Issue 25, pS3 

    Focuses on the public-private partnership of Mexico's state oil and petrochemicals company, Petroleos Mexicanos and a list of private chemical companies. How the venture would benefit Mexico's chemical industry; Statistical data of the chemical production in Mexico since 1988 to 1995; How the...

  • Sector Outlook - Chemicals & Petrochemicals.  // Latin America Monitor: Mexico Monitor;Apr2004, Vol. 21 Issue 4, p7 

    Presents information on chemical and petrochemical markets in Mexico as of April 2004. Number of companies that Project Phoenix attracted; Percentage of the total value of chemicals and petrochemicals domestic sales that declined in 2002; Petrochemical plants that Pemex Petroquimca operates;...

  • Phoenix Rising (Again). Wood, Andrew // Chemical Week;8/23/2006, Vol. 168 Issue 28, p3 

    The article reports on a possible joint venture between Mexican petrochemical firms Grupo Idesa, Pemex Petroquimica and Nova Chemicals. The proposal is a scaled-down version of the so-called Phoenix project under which Idesa, Nova and others had planned a brand-new, world-scale petrochemical...

  • Mexican remix. Bianchi, Monica; Harries-Rees, Karen // European Chemical News;8/4/2003, Vol. 79 Issue 2064, p18 

    Reports on the reactivation of investments into the Mexican petrochemical industry as of August 2003, which was affected by currency devaluation. Delay in the launch of a petrochemicals complex in Coatzacoalcos; Appointment of Rafael Beverido Lomelin at the helm of Pemex Petroquimica; Increase...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics