08 November 2009 03:19 [Source: ICIS news]MEXICO CITY (ICIS news)--Mexican state-owned energy group Pemex has signed a contract to supply ethane raw material to a consortium of Mexico’s Idesa and Brazil’s Braskem for a proposed new petrochemicals complex in Mexico.
Under the terms of the contract, signed on Friday, Pemex said its gas and basic petrochemicals division will supply 66,000 bbl/day of ethane to the consortium.
Idesa and Braskem expect to complete the project, located in ?xml:namespace>
“In addition to consolidating the productive, commercial and business links between
Ethylene XXI will also create new jobs and drive new investments in the production of high value plastics, it added.
The 29th Latin American Petrochemical Annual Meeting begins on Sunday and continues through Tuesday.
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