Down in flames

Chang, Joseph
December 2007
ICIS Chemical Business;12/17/2007, Vol. 272 Issue 22, p18
Trade Publication
The article deals with the cancellation of the project of building a worldscale petrochemical and plastics complex in Mexico by state-controlled oil company Petroleos Mexicanos (Pemex). The 300,000 tonne/year polyethylene joint venture project that Pemex planned with NOVA Chemicals and Mexico-based Idesa was canceled, and only one of the two planned cracker expansions is going forward, according to Arturo Garcia, the former director of the project. Pemex is actively analyzing alternatives in line with the cancellation of the project.


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