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Mexico (398)


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.


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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