The Etileno XXI olefins complex that Brazilian petrochemical company Braskem is building in Mexico is more than 6)% complete. CEO Carlos Fadigas confirmed to ICIS that Etileno XXI will be ready for start-up in Q3-2015. The complex, located in the Coatzacoalcos region of Veracruz state, will include an ethane cracker with annual production capacity of 1.05 Mt of ethylene that will be used to produce two grades of polyethylene (PE), with two high-density polyethylene (HDPE) lines totaling 750,000 tpa and one conventional low-density (LDPE) line of 300,000 tpa. The two stake holders are Braskem with a 75% stake and Mexico‘s Idesa with the balance 25%.
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