IHS Chemical Week

Pemex to spend $475 million on urea plant in Mexico

12:15 PM MST | January 17, 2014

Petroleos Mexicanos (Pemex) has announced the acquisition of Agro Nitrogenados’ urea manufacturing asset, which it plans to reactivate and revamp. The company says it will spend $475 million on the project, including the acquisition. Production at the 990,000 m.t./year urea plant, based at Pajaritos, Veracruz, is expected to start in 2015. The deal was signed by PMI, Pemex’s subsidiary, and Minera del Norte, parent of Agro Nitrogenados. PMI plans to launch the rehabilitation and revamp of the plant. Pemex says that the plant will save $400 million/year on...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 


Forgot your user ID or password? Click here to have it sent to you.



If you are not yet a subscriber and would like to access the turnkey information found only in Chemweek’s Business Daily, subscribe now and you’ll get the most important news of the chemical industry delivered directly to your inbox—every day.

Sign up for a FREE 15-day trial of IHS Chemical Week Business Daily

contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa