Mexican conglomerate Grupo Carso sold Primex, Mexico's leading maker of PVC, to rival Mexichem and its parent Grupo Camesa. The sale was effected through Carso units Condumex and Xignux, which use PVC in electric wires and cables. Primex has the capacity to produce 140,000 mta PVC at its plants at Altamira, on Mexico's northern Gulf Coast. Mexichem produces some 74,000 mta of PVC at plants in the states of Puebla and Tlaxcala in south-central Mexico. This sale follows the sale of its Quimica Fluor chemical unit to Camesa, earlier this year.
15-Feb-05 
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