07 November 2011 20:20 [Source: ICIS news]
BUENOS AIRES (ICIS)--Mexico-based polyvinyl chloride (PVC) producer Mexichem is in discussions to take an ownership stake in a new ?xml:namespace>
“We are in the very preliminary stages of discussions to partner on a condo cracker in the
Sanchez Kramer spoke to ICIS on the sidelines of the 31st annual meeting of the Latin American Petrochemical Association (APLA).
“We are talking to three potential partners on this,” he added.
Two of the potential partners have announced firm plans to proceed with crackers in the
“The cracker would have to be on the
Companies that have announced firm plans to build a cracker in the
However, Shell announced its intention to build its cracker near the Marcellus shale gas formation in the northeast US.
Many others, including US-based Chevron Phillips Chemical and
Mexichem is interested in obtaining a share in the cracker that would allow it to take 500,000-600,000 tonnes/year of ethylene to produce ethylene dichloride (EDC), which would be used to make vinyl chloride monomer (VCM) and then PVC.
“We would take the ethylene by pipeline to
The APLA annual meeting lasts through Tuesday in
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