Dossier
Poza Rica
Coverage of Poza Rica in the Nexus archive.
- Will Pemex’s US $5.4B petrochemical bet put a dent in its debt?
Pemex CEO Juan Carlos Carpio announced a US $5.4 billion public-private investment plan to revitalize Mexico’s petrochemical and fertilizer industries, with 62% government funding. An energy expert stated the investment would not address Pemex’s US $84.5 billion debt, calling it irrelevant to the company’s financial recovery.