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Mexican PMV plans to withdraw from ethylene, VCM markets

by ChemOrbis Editorial Team -
  • 22/12/2017 (14:01)
According to media sources, Mexico’s Petroquimica Mexicana de Vinilo (PMV), a joint venture between Mexichem and state-owned Pemex, is preparing to discontinue its operations in the ethylene and VCM markets in line with the company’s decision to not rebuild its damaged VCM plant.

In 2016, a blast at the company’s Pajaritos complex in Veracruz, Mexico killed 30 people and PMV was forced to shut its 184,000 tons/year steam cracker while a force majeure declaration on several products followed soon after.

The companies’ decision to leave VCM and ethylene businesses will not affect the joint venture’s other activities, the media reported.
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