Mexican Govt to dedicate 5 bln Pesos for petrochemicals in 2010

22-Jan-10
The Mexican government plans to dedicate 5 bln pesos (US$392 mln) for petrochemicals in 2010.The amount will be utilised to maintain and modernize the petrochemical plants of state-owned oil company Petroleos Mexicanos (Pemex). The country’s President has invited the national petrochemical sector to suggest the legal changes required to boost the national petrochemical sector that will be submitted as a bill to Congress.
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