Pemex Announces US $5.4 Billion Investment in Petrochemical and Fertilizer Industries

Mexico's state oil company Pemex has announced a 93-billion-peso (US $5.4 billion) investment aimed at revitalizing its petrochemical and fertilizer sectors, a move experts view as a potentially losing strategy.

16 Jun, 21:10 — 16 Jun, 21:10

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Mexico NewsMixed61d ago

Will Pemex’s US $5.4B petrochemical bet put a dent in its debt?

State oil company Pemex recently announced a 93-billion-peso (US $5.4 billion) investment aimed at revitalizing Mexico’s petrochemical and fertilizer industries, a move that experts say is a losing strategy. The post Will Pemex’s US $5.4B petrochemical bet put a dent in its debt? appeared first on Mexico News Daily

By MND Staff

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Pemex Announces US $5.4 Billion Investment in Petrochemical and Fertilizer Industries

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Will Pemex’s US $5.4B petrochemical bet put a dent in its debt?

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