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Mexico (398)


MEXICO

Indorama Ventures forms two jv's in Mexico
Indorama Ventures (Bangkok) said in Friday that it has formed two joint venture companies in Mexico with Mario Martinez Barone, a Mexican businessman. Indorama Ventures holds a 51% stake in Indorama Ventures EcoMex and Barone has the balance. The same...

Pemex appeals US court decision requiring $593 million be set aside for payout to consortium in lawsuit
Petróleos Mexicanos (Pemex) is appealing a decision by a New York court that requires the company to set aside $593 million for a potential payout to Conproca, a consortium formed by SK Engineering (Seoul) and Siemens. The consortium presented a...

OxyChem, Mexichem cracker jv has begun construction

OxyChem (Dallas, TX) and Mexichem (Tlalnepantla, Mexico) say that their 50-50 jv, Ingleside Ethylene, began construction of its 540,000 m.t./yr ethane cracker at OxyChem’s Ingleside, TX, complex in the second quarter of 2014. The $1.5 billion project remains on schedule to begin commercial production in the first quarter of 2017, they say.

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Praxair to increase North American prices
Praxair announced today that it is increasing medical and bulk gas prices for customers in the United States, Canada, Mexico, and Puerto Rico effective 1 January. The adjustments will vary by contract, the company says. Nitrogen, oxygen, and carbon dioxide...

Spanish gas firm to invest in Mexico LPG distribution infrastructure
Gas Natural Fenosa (Barcelona) is planning a 1.4-billion Mexican peso ($97 million) investment in 2015 to boost its liquefied petroleum gas (LPG) distribution network in Mexico, according to local media reports. The liberalization of Mexico’s upstream...

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