Mexican Firms Eye Peruvian Complex

Mexican chemical executives met recently with Peru’s president Alan Garcia to discuss building chemical complexes that could attract $2 billion in investments, provided industry obtains a competitive natural gas price, according to local news reports. Executives from Grupo Alfa, Mexichem, and Idesa responded to a call by Garcia for industry to invest in Peru’s energy sector. Peru has about 13.5 trillion cu ft of natural gas and has sought investment from major petrochemical firms. Peru is one of several South American countries that has enough raw...

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