Mexico's Pemex Bets $5bn to Revive Petrochemicals and Fertilizer
13 Articles
13 Articles
Mexico's Pemex Bets $5bn to Revive Petrochemicals and Fertilizer
Mexico · Energy Key Facts —The investment: Mexico’s state oil firm Pemex will invest 93 billion pesos ($5bn) between 2026 and 2030 to revive its petrochemical and fertilizer industry. —The goal: Cutting imports and strengthening what officials frame as energy and food sovereignty, after decades of neglect of domestic petrochemicals. —The projects: They include an […] The post Mexico’s Pemex Bets $5bn to Revive Petrochemicals and Fertilizer appea…
Luz Elena González, head of the Energy Secretariat, presented the programme for the reactivation of the petrochemical and fertilizer industry carried out by Petróleos Mexicanos (Pemex), as part of the strategic lines of the Government of Mexico to increase energy sovereignty and food self-sufficiency.During the morning conference of President Claudia Sheinbaum, the presentation was made in the presence of the CEO of Pemex, Juan Carlos Carpio, an…
Mexican oil will invest 93 billion pesos between 2026 and 2030 to reactivate the petrochemical and fertilizer industry, with the aim of increasing national production, reducing imports and strengthening industrial and food chains. Pemex’s CEO, Juan Carlos Carpio, reported that resources will be exercised through existing plant rehabilitation projects and the construction of new infrastructure in Veracruz and other strategic regions of the countr…
“So as you see it is a historic investment for Veracruz, we love the governor very much and also, obviously, the people of Veracruz,” he said.The recovery of petrochemicals contemplates a comprehensive plan of 93 thousand mdp of mixed investment to increase to 849 thousand tons the annual production of petrochemicals and fertilizers to 4 million [...] La entrada President announces historical investment of 190 thousand mdp in Veracruz aparece pr…
The federal government presented a project that foresees a public and mixed investment of 93 billion pesos during the period 2026 to 2030 in Veracruz to recover the national petrochemical industry, because “all neoliberalism had the objective of ending Mexican Oils (Pemex) and all its production line and its [...] The position Present plan with investment of 93 thousand mdp to rescue the national petrochemistry appeared first on Contralínea.
Pemex Announces Public and Mixed Investments for 93 Billion Pesos for Petrochemicals and Fertilizers
In order to boost the automotive, plastic, food and pharmaceutical industries, among others, the federal government initiated a programme to revive national petrochemicals and the production of fertilizers with an estimated investment of 93 billion pesos. This morning, the Secretary of Energy, Luz Elena González Escobar, and the general director of Mexican Petroleum (Pemex), Juan Carlos Carpio Fragoso, presented the strategy aimed at these two a…
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