13 June 2013 15:50 [Source: ICIS news]
The petrochemical complex in the Nanchital region will be operated by Braskem Idesa, a joint venture between Braskem and
Braskem owns a 75% stake in the project, with Grupo Idesa owning the rest.
Braskem said about 1,000 employees are currently working at the Ethylene XXI site.
The Ethylene XXI complex is expected to include a 1.05m tonne/year ethane cracker; two high density polyethylene (HDPE) plants with capacities of 350,000 tonnes/year and 400,000 tonnes/year; and one 300,000 tonne/year low density polyethylene (LDPE) plant.
Pemex will supply the ethane.
Additional reporting by Al Greenwood
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