Pemex, Mexichem Plan Joint Venture | Chemical & Engineering News
Volume 89 Issue 27 | p. 12 | Concentrates
Issue Date: July 4, 2011

Pemex, Mexichem Plan Joint Venture

Department: Business
Keywords: plastic, PVC, vinyl chloride, chlorine

Mexico state oil firm Pemex plans to form a vinyl chloride joint venture with privately held Mexichem that will eventually triple Pemex’ vinyl chloride output to 400,000 metric tons per year. The two firms will invest $556 million in the venture. Mexichem uses vinyl chloride to make polyvinyl chloride for wire coatings and plastic pipe. The firms have a preexisting relationship: A Mexichem plant in Veracruz supplies chlorine that Pemex uses to make . . .

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